Nj Property Tax Freeze For Seniors 2024. If we send you a senior freeze that is larger than the amount you are eligible to receive, you must repay any excess. The nj senior freeze due date to apply for the 2023 tax year is october 31st, 2024.
For homeowners, the total of all property tax relief benefits that you receive cannot be more than the property taxes paid on your principal residence for the same year. Stay nj, in conjunction with anchor and senior freeze, is designed to cut property taxes by up to 50%, capped at $6,500, for residents 65 and older in new jersey who earn less than $500,000 a.
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