The New Jersey Department of the Treasury is reminding seniors and disabled residents to check their eligibility and apply for the Senior Freeze Property Tax Reimbursement Program before the October 31, 2024, deadline. This program provides financial relief by reimbursing property tax increases for eligible homeowners and mobile home residents.
The Senior Freeze program ensures that property tax amounts are locked at a base-year level, with the state reimbursing eligible residents for any increases. Recent program expansions mean that more New Jerseyans may qualify for this valuable benefit.
Eligibility Requirements
To participate in the Senior Freeze program, applicants must meet the following criteria:
Age or Disability:
- Be at least 65 years old by December 31, 2022, or
- Be classified as disabled as of that date.
Residency:
- Owned and lived in your home (or leased a site in a mobile home park) since December 31, 2019, or earlier.
- Still reside in the same home on December 31, 2023.
Tax Payments:
- Paid property taxes or mobile home site fees on time in 2022 and 2023.
Applicants must meet all requirements continuously from their base year through the application year. If eligibility is interrupted, a new base year will need to be established.
Why Apply?
The Senior Freeze program provides crucial financial stability for seniors and disabled residents by ensuring property taxes do not rise above a set level. Eligible participants receive reimbursements for any increases, helping to alleviate the financial burden of homeownership.
Don’t wait—apply before the October 31, 2024, deadline to lock in your benefits. To get started:
This is a valuable opportunity to gain financial relief. If you or someone you know meets the eligibility requirements, act now to ensure you don’t miss out on this program.
For more information, please contact Martin D. Hauptman at (973) 243-7912 or via email at mhauptman@mblawfirm.com