Real Estate

NYC property taxes set to rise

New York City property taxes are poised to continue rising.

New tentative assessments released Wednesday show that the market value of the city’s ­1,053,949 properties jumped 6.6 percent to $914.8 billion.

For property owners, that translates — once again — into larger bills.

The average owner of a single-family home is expected to shell out $168 more, or $4,598, once the Finance Department finalizes the assessments and the bills for fiscal 2015 go out in July.

That 3.8 percent hike will make co-op and condo owners envious.

The average tax bill for co-ops is going up $329, or 5.5 percent, to $6,247.

Condo owners are getting whacked even harder, a 7.4 percent hike averaging $552 to $7,987.

Owners of one- and two-family homes have until March 17 to challenge their assessments. Others have until March 3.