NEW JERSEY PROPERTY TAX RELIEF PROGRAMS
 

Property Tax Reimbursement (PTR)
This program reimburses eligible senior citizens and disabled persons for property tax
or mobile home park site fee increases on their principal residence. Refunds are given
in the form of a check and are processed starting in mid-July. To qualify, you must
meet all the eligibility requirements for each year from the base year through the
application year. (The current application year is 2017.)


You may be eligible for a reimbursement if you met all the following requirements for
each year from the year you first became eligible (also known as the base year) through
the application year. (The current application year is 2017.)


Age/Disability

You (or your spouse/civil union partner) were:

  • 65 or older; 

  • Actually receiving federal Social Security disability benefits payments (not benefit payments received on behalf of someone else).

 

Residency

You lived in New Jersey continuously for at least the last 10 years, as either a homeowner or a renter.
 

Home Ownership
Homeowners:  You owned and lived in your current home for at least the last 3 years.
Mobile Home Owners:  You leased a site in a mobile home park where you placed a manufactured or mobile home that you owned for at least the last 3 years.

 

Property Taxes/Site Fees
Homeowners - You paid the full amount of the property taxes due on your home.
Mobile Home Owner - You paid the full amount of mobile home park site fees due.

 

Income Limit

The income limit for 2017 is $87,007 and 2017 is $87,268*


Note: For application year 2017, the State Budget (FY2019) set the following
qualifications for Senior Freeze payments: Only applicants whose 2017 income did not
exceed $70,000 (the original limit was $87,268) were eligible as long as they met all the
other requirements. If you made between $70,001 and $87,268 you will not receive a
refund but you will be able to retain your base year for future filings.


You are not eligible for a reimbursement on:

  • A vacation home or second home; or

  • Property that you rent to someone else; or

  • Property that consists of more than four units; or

  • Property with four units or less that contains more than one commercial unit.

 

You also are not eligible if you:

  • Are completely exempt from paying property taxes on your home; or

  • Made P.I.L.O.T. (Payments-in-Lieu-of-Tax) payments to your municipality.

 

Applications for the PTR program come out in February for those already in the program
and March for first time filers. The deadline for this year’s PTR is October 31, 2018.
Please call our office for further information or to obtain a PTR form.


Homestead Benefit
This program provides Property Tax relief (usually in the form of a property tax credit) to
eligible homeowners. Due to a budgetary delay, the current application year is 2016.

 

You may be eligible if you met these requirements:

  • You were a New Jersey resident; and

  • You owned and occupied a home in New Jersey that was your principal residence on October 1, 2016*; and Property Taxes for 2016 were paid on that home; and

  • You met the 2016 income requirements.

  • Your income was $150,000 or less for homeowners 65 or older or blind or disabled on December 31, 2016; and $75,000 or less for homeowners under 65 and not blind or disabled on December 31, 2016. These income amounts apply to a single individual, a married/civil union couple living in the same residence, and married/civil union partners maintaining separate residences. Do not include nontaxable income such as Social Security, Railroad Retirement benefits, or unemployment compensation when calculating your income.

 

*If you were not a homeowner on October 1, 2016, you are not eligible for a Homestead
Benefit, even if you owned a home for part of the year.  You are not eligible unless you are required to pay Property Taxes on your home. For example, you are not eligible if:

  • You are completely exempt from paying Property Taxes on your principal residence (such as certain totally and permanently disabled war veterans). 

  • You made P.I.L.O.T. (Payments-in-Lieu-of-Tax) payments to your municipality.  These payments are not considered Property Taxes for purposes of the Homestead Benefit.

Annual Property Tax Deduction for Senior Citizens, Disabled Persons

Annual deduction of up to $250 from property taxes for homeowners 65 or older ordisabled is available to those who make less than $10,000 (not including Social Securityor Federal Government Retirement/Disability Pension including Federal RailroadRetirement Benefits or State, County, Municipal Government and their politicalsubdivisions and agencies Retirement/Disability Pension) and meet certainresidency requirements. This benefit is administered by the local municipality.

 

Annual Deduction for Veterans

Annual deduction of up to $250 from property taxes due is available for qualified war veterans or a veteran who served in peacekeeping missions and operations. This deduction also is available to a surviving spouse/civil union/domestic partner who has not remarried. This benefit is administered by the local municipality.

 

Property Tax Exemption for Disabled Veterans

Full exemption from property taxes on a principal residence is available for certain totally and permanently disabled war veterans and veterans who served in peacekeeping missions and operations. This exemption also is available to a surviving spouse/civil union/domestic partner who has not remarried. This benefit is administered by the local municipality.

We wish to thank Captain George Ahrend, a former Borough of Spotswood resident and police officer, for sharing his artistic talent in contributing to the design of the Borough of Spotswood's seal. We thank Mr. Thomas Sullivan, a former Borough of Spotswood resident and sanitation employee, for sharing his artistic talent in contributing to the design of the Borough of Spotswood's seal.