What is a homestead rebate?
By Bob Millaway, South Jersey Community Expert & REALTOR®
The New Jersey Homestead Rebate program provides property tax relief to eligible homeowners, primarily seniors, disabled individuals, and lower-income residents. The rebate is a direct payment from the state based on a percentage of your property taxes paid. Eligibility depends on age, disability status, and income limits that are adjusted annually.
Why It Matters
The homestead rebate can provide significant direct relief, but you must apply each year. Many eligible homeowners miss the application window.
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