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It’s A Grand List, For Sure

Town Assessor Paul Friia has signed the October 1, 2025 Grand List.

The Grand List is the sum of the net assessed value of all taxable property – real estate, motor vehicles, and personal property.  Motor vehicles and personal property are valued annually, while real estate is updated based on the market values determined as of the town’s October 1, 2025 revaluation.

The 2025 Grand List of $17,497,161,570 represents an increase of just over 50% from the 2024 Grand List of $11,616,471,195. The increase was due mainly to the 2025 revaluation of all real estate in Westport. Modest increases were also noted in personal property and motor vehicles.

Included in the overall increase is a 1.2% increase in real estate assessment due to continued residential and commercial new construction, as well as renovation activity that occurred within the last assessment year.

Within the real estate grand list, residential properties increased 60% and commercial properties increased 16%. These market-driven increases began in mid-2020 during COVID-19.

Personal property increased by just over 1%, representing continued reinvestment in new and existing local businesses.

Motor vehicles increased approximately 6%.

The current 2025 Grand List totals: 

Assessment 2025 % of List
Real Estate 16,633,912,370 95.06
Motor Vehicle 453,397,460 2.60
Personal Property 409,851,740 2.34
TOTAL 17,497,161,570 100%

60 Nyala Farms Road — the LLC controlled by Bridgewater Associates — remains the second highest taxpayer in Westport. 

The Grand List will be used for fiscal year 2026-2027 town budget calculations. (The figures above are subject to change based on Board of Assessment Appeals hearings in March.)

The Top 10 taxpayers in Westport:

Connecticut Light & Power Inc          Pers. Property                         143,778,100

60 Nyala Farms Road LLC                Real Estate                                95,954,500

Bedford Square Assoc LLC               Real Estate                                51,583,400

Aquarion                                             Real/Pers. Prop.                        43,204,450

Equity One Westport Vill. Center      Real Estate                                36,294,500

Compo Regency LLC                         Real Estate                                28,372,700

Heyman Ronnie F Trustee                  Real Estate                                26,880,700

Byelas LLC                                        Real Estate                                26,504,400

Westport Riverside Assoc. LLC         Real Estate                                25,763,900

Bridgewater Associates LP                Pers. Property                           25,503,850

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