Apartments, Commercial Property Values, Jump in Latest Grand Lists — 2.36 Overall Drop in Old Lyme

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The total value of taxable property in Old Lyme decreased by 2.36 percent, or about $37 million — from $1,585,659,738 to $1,548,200,464 — following the once-every-five-year town-wide revaluation. The 2019 grand lists of four other towns in the area — East Lyme, Essex, Lyme, and Old Saybrook — each showed small year-over-year increases compared to […]
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