When a resident first applies for the program, they create a “base year” of eligibility. The program will then “freeze” property tax increases for subsequent years. ➡️To be eligible, you or your spouse or civil union partner must have been 65 or older on Dec. 31, 2020...
Among the changes they suggest for reducing the financial burden of property taxes include changing the New Jersey Senior Freeze Program to a credit, expanding eligibility requirements for the Homestead Benefit, and creating a Circuit Breaker property tax relief program. Eric Scott is the senior polit...
Senior citizens in the Garden State have until Oct. 31 to apply for a break on their property tax bill, and the eligibility pool is wider this year. New Jersey's Senior Freeze program reimburses eligible residents for increases in their property taxes. The program "freezes" a resident's pr...
Sen. Amato's bill that would protect eligible Senior Freeze recipients from losing property tax relief when downsizing or relocating into a new home passed committee. Read on... Amato, Rumpf & Myhre: New Combined Property Tax Relief Apps Available For Seniors Sen. Amato, Asm. Rumpf and As...