05 Oct I own a home. Is there still a Senior Freeze benefit?
Photo: pixabay.comQ. I own a home. Is there still a Senior Freeze benefit?
— Homeowner
A. There absolutely is.
The Senior Freeze reimburses qualified senior citizens and disabled residents for property tax increases.
The deadline to apply is Oct. 31, and this year, taxpayers have the option to apply online for the first time, the state said.
To qualify for the current benefit year — 2022 — taxpayers must have been 65 or older on Dec. 31, 2021 or must have been receiving Social Security benefits on or before Dec. 31, 2021. They must have lived in New Jersey continuously since Dec. 31, 2011, or earlier, as either a homeowner or a renter, and owned and lived in their home, or leased a site in a mobile home park where they placed a mobile home, since Dec. 31, 2018, or earlier, the state said.
They also must have paid property taxes or mobile home site fees on time in 2021 and 2022.
For the 2022 benefit year, a taxpayer’s 2022 income must be $99,735 or less, and 2021 income must be $94,178 or less.
For the next benefit year, a new law will increase the income limits and change the residency requirements.
You can call the Senior Freeze hotline at (800) 882-6597.
Email your questions to .
This story was originally published on Oct. 5, 2023.
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