North Andover's Select Board will decide how the town's property tax burden is divided between homeowners and businesses. The board scheduled a public hearing for Monday, Nov. 2, at 7 p.m. at Town Hall, 120 Main St.
The Board of Assessors will ask the Select Board to choose a residential factor for fiscal year 2027, according to a notice posted on North Andover News. That factor determines what share of the town's total tax levy falls on residential property owners versus commercial and industrial property owners. The hearing is required under Chapter 40, Section 56, of Massachusetts General Laws.
North Andover already uses a split tax rate. The town charges residential properties $11.24 per $1,000 of assessed value and commercial and industrial properties $16.00 per $1,000, according to a Westborough fiscal 2026 tax classification presentation that listed North Andover among benchmark communities. A statewide tax rate listing updated Oct. 9 also shows North Andover's residential rate at $11.24.
The average single-family tax bill in North Andover was $9,531 on an average assessed value of $847,949, the Westborough presentation showed. That bill sits well above the statewide average of about $7,847, according to the statewide listing.
Property taxes have been a sensitive topic in town. In December 2025, a Merrimack College-led coalition purchased the 588-unit Royal Crest Estates apartment complex for $254 million. Select Board Chair Janice M. Phillips told WHAV at the time that if Merrimack held the majority stake, she feared the town would lose property tax revenue on the complex. Phillips said educational institutions are generally exempt from real estate property taxes. The current status of any tax exemption claim on the property is not known.
The specific residential factor options and projected tax bill impacts the Board of Assessors will present at the Nov. 2 hearing have not been released.
Residents with questions can contact the Town Manager's office at 978-688-9510. The hearing is open to the public.
