This deduction is offered through the municipality, and, if qualified, an individual may be eligible to receive $250 a year off their property taxes.

Qualifications

• Must make under $10,000 a year excluding social security; if married, total combined income can not exceed $10,000 excluding social security
• You must have owned the property as of October 1 of the previous year and be residing at the residence
  Example: If applying on February 1, 2008, for the deduction, you must have owned the property as of October 1, 2007
• Must be 65 years old or permanently and totally disabled as of December 31 of the previous year
• Must have been a resident of New Jersey for the 12-month period preceding October 1 of the previous year

In addition to the general qualifications, a surviving spouse of a senior or disabled person must:

• Not have re-married
• Have reached 55 by December 31 of the previous year and was 55 at the time of death for the deceased spouse
• Be a surviving spouse of a person who was receiving the deduction at the time of their death.

Additional Information
For more information, check out our deductions page. You can also download an application.