TRENTON, NJ — Senior citizens who live in Belmar and Lake Como residents may be eligible for property tax relief under New Jersey’s Senior Freeze program.
The state Division of Taxation last month mailed applications to seniors age 65 and older and disabled individuals who may qualify for the program, which provides a reimbursement on property tax increases on principal residences.
To be eligible, applicants must meet the following criteria with 2018 as the base year:
- Be at least age 65 or receiving Social Security disability benefits.
- Been a New Jersey resident continuously since 2008 — either as a homeowner or renter.
- For homeowners: Have owned a home since December 2015 and have paid the full amount of property taxes on the home.
- For mobile homeowners: Have leased a site in a mobile home park since December 2015 and have paid the full amount of property taxes /site fees.
- Live below the required income threshold for eligibility, which in 2018 is $89,013 and in 2019 is $91,505 (including Social Security and Medicare) — whether the applicant is single, married or in a civil union.
Applications for vacation, second homes and/or those with more than four units will not be accepted. Also, residents are not eligible if they are completely exempt from paying property taxes or make payments-in-lieu-of-taxes (PILOT) to their town.
Eligibility requirements, including income limits and benefit amounts for 2019, could change with the enactment of the state budget by July 1.
“Rising property taxes are making living and retiring in New Jersey increasingly difficult for many residents — especially those living on a fixed income,” said 30th District Assemblyman Edward “Ned” Thomson, whose district includes Belmar and Lake Como. “I encourage eligible seniors to make sure they apply for this important property tax relief that is available through the Senior Freeze.”
The deadline for filing an application this year is November 2. For more information, visit the Senior Freeze Program website or call the Senior Freeze Hotline at 1-800-882-6597.
Thomson also encouraged residents to contact his legislative office at 732-974-0400 for additional assistance in applying for the program.
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