Property Tax Relief Programs

Annual Property Tax Deduction for Senior Citizens, Disabled Persons: An annual deduction of $250 from property taxes for homeowners age 65 or older or disabled persons who meet certain income and residency requirements. Income cannot be more than $10,000 per year for the household after the permitted exclusion of Social Security Benefits or Federal Government Retirement/Disability Pension, or State, County, Municipal Government, and their political subdivisions. For more information on eligibility and requirements please review the application linked below.
https://www.state.nj.us/treasury/taxation/pdf/other_forms/lpt/ptd.pdf

*Old Bridge Township residents who qualify for the senior citizens, disabled persons annual deduction also qualify to receive a reduction off their bill with the Old Bridge MUA.

Annual Tax Deduction for Veterans: An annual deduction of $250 from property taxes billed for qualified war veterans or their unmarried surviving spouses/surviving civil union partners/surviving domestic partners. For eligibility requirements and the claim form please review the application linked below.
https://www.state.nj.us/treasury/taxation/pdf/other_forms/lpt/vss.pdf

Property Tax Exemption for Disabled Veterans: Full exemption from property taxes on a principal residence for certain totally and permanently disabled war veterans or their unmarried surviving spouses/surviving civil union partners/surviving domestic partners. Unmarried surviving spouses/surviving civil union partners/surviving domestic partners of servicepersons who died on wartime active duty may also qualify. For eligibility requirements and the claim form please visit the link below.
https://www.state.nj.us/treasury/taxation/pdf/other_forms/lpt/dvsse.pdf

Property Tax Reimbursement (Senior Freeze): You may be eligible for a reimbursement of the difference between the amount of property taxes you paid for the base year (the first year you were eligible and applied) and the amount paid for the year for which you are applying for. You must meet all the state requirements and recertify your eligibility each year.  Some of the requirements are; You must be 65 or older or receiving federal Social Security Disability benefit payments, you must have lived in New Jersey continuously for last 10 years and owned your current home for 3 years. For a complete list of eligibility and income requirements and to locate the application please visit the link below.
https://www.state.nj.us/treasury/taxation/ptr/index.shtml

Homestead Benefit Program: DISCONTINUED The Homestead Benefit program provides property tax relief to eligible homeowners. For most homeowners, the benefit is distributed to your municipality in the form of a credit, which reduces your property taxes. For a complete list of eligibility requirements and to learn how to file please visit the link below.
https://www.state.nj.us/treasury/taxation/homestead/geninf.shtml

Anchor Program: This program replaces the Homestead Benefit Program. The Anchor program provides property tax relief to New Jersey residents who owned or rented their principal residence (main home) on October 1, 2019 and met the income limits. For a complete list of eligibility requirements and to learn how to file please visit the link below.
NJ Division of Taxation - ANCHOR Program (state.nj.us)