Home News The N.J. Senior Freeze property tax break deadline is almost here

The N.J. Senior Freeze property tax break deadline is almost here

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stubbornly high inflation crushing budget Residents throughout the state, especially older residents living on a fixed income.

in New Jersey, property tax Taking a big chunk out of the purses of millions of families, more people than ever before will be eligible for some form of relief, the state said.

eligibility Senior Freeze, A system of reimbursing property taxes and mobile home park site fees for eligible seniors and people with disabilities has expanded in recent years, with income limits raised by more than 30 percent since 2017, state treasurer said. place says.

Also, many property tax refunds are over $1,000.

However deadline The deadline for claiming 2021 benefits is October 31st.

“For people living on a fixed income, it can make a big difference. We encourage all eligible residents to take advantage of this important resource,” said State Treasurer Elizabeth Muoio. said earlier this month. “We also encourage people who have not been eligible in the past to check their eligibility requirements, as increased income limits have encouraged more people to qualify in recent years. ”

To qualify, You must be 65 years of age or older on December 31, 2020 or receive federal Social Security disability benefits before December 31, 2020. You must also have been continuously living in New Jersey as a homeowner since December 31, 2010. or lessee.

The homeowner must have owned and lived in the home before December 31, 2017 and must still own the home on December 31, 2021. A mobile home owner must lease the site where the manufactured or mobile home is located. date.

“If you have moved from one New Jersey property to another and have been reimbursed for your previous residence for the last year you lived there, you may be eligible to: exception I will reapply for the Senior Freeze Program,” the state said.

Homeowners must also have fully paid for 2020 property tax By June 1, 2021, you must pay your 2021 property taxes by June 1, 2022. site fee Must be paid by December 31st of each year.

Then there is the income limit.

Whether you are single, married, or cohabiting, your gross annual income must be $92,969 or less in 2020 and $94,178 or less in 2021.

“With few exceptions, total income When determining eligibility, consideration must be given to what is received for the year,” the state said. “This includes income that is not required to be reported on your New Jersey income tax return. For example, social security benefits, unemployment benefits, disability benefits, and tax-exempt interest. “

Vacation home and second home owners, homes rented to others, and homes with 4 units or more are not eligible for Senior Freeze.

Applications for 2021 benefits were mailed in February, but if you did not receive your application or moved, please call the Senior Freeze Hotline at (800) 882-6597.

The state began making payments on July 15, and more payments are being made “on an ongoing basis,” the state said.Check your payment status onlineYou must provide your social security number and primary residence zip code.

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Contact Karin Price Mueller at: [email protected]Follow her on Twitter. @KPMueller.

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