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Public records

What a property is assessed at, and taxed at.

Every parcel in New Brunswick has a public record: the province’s assessed value, the tax levied each year, and the last sale it registered. Most people never look. The tax figure in particular is worth knowing before an offer goes in.

Street names search better than full addresses, because the province records them in its own format. The tax shown is the current owner’s, and it changes once a property sells.

Reading these numbers properly

Assessments are misread constantly, usually in a way that costs somebody money.

Is the assessed value what a home is worth?

No. The assessment is the province's figure for calculating property tax, produced across every parcel at once without anyone walking through the house. What a home would sell for depends on its condition, its layout, what has been updated and what comparable homes nearby have actually sold for. Assessments run above and below sale prices all the time.

Is the tax shown here what I would pay?

Not necessarily. The figure is what the current owner was levied. When a property sells, the province's assessment cap resets for the following year and the residential tax credit stays with the property only until ownership or occupation changes, so the same house can carry a different bill under a new owner. The property tax page walks through it.

Why does a record show no sale price?

Only a registered transfer appears, and a large share of parcels have none on record. A home held in one family for decades, or passed through an estate, often shows nothing. A blank means no record on file, not that the property never changed hands.

Why is the last sale price so far below the assessment?

Usually because the sale is old. A house that last changed hands in 1998 sold at 1998 prices. Some transfers were between family members or part of settling an estate, so the figure was never a market price. Treat an old sale as history, not as evidence of value today.

Where does this information come from?

Service New Brunswick's property assessment records, published as open government data. It is the same information behind the province's own Property Assessment Online tool, searchable here for the communities the team works in.

Contains information licensed under the Open Government Licence - New Brunswick. Assessment and sale figures are reproduced as Service New Brunswick publishes them. They are not an appraisal, not a valuation and not advice. For tax questions about your own situation, ask an accountant. About New Brunswick property assessment

A record tells you the tax. It does not tell you the price.

What a home is worth today takes someone looking at it, and at what similar homes nearby have actually sold for. The team does that properly, in person, and the conversation costs nothing.