Tax Assessed value vs. List Price

[Barbie Melendez]

I am looking to purchase my first small multifamily in the Newburgh, NY, area.  I set a goal to analyze at least two properties a day.  This property is two units with a list price of $179,000.  The tax assessed value is $85,200 (2020).  I know the RE market has grown exponentially.  This property sold for $36,000 in 2002.

Is it normal for the tax assessed value to be significantly lower than the list price?

Will that affect me in anyway if I purchased it?