New Jersey

cliffside

(720 posts)

10. You're welcome and thx for posting, next date to watch in May ...

Fri Jan 12, 2024, 09:54 PM

Jan 2024

hopefully this will come into play in 2026!

https://www.nj.gov/governor/news/news/562023/20231204a.shtml#:~:text=Under%20Stay%20NJ%2C%20eligible%20seniors,principal%20residence%2C%20up%20to%20%246%2C500.

"In order to implement Stay NJ, the task force will review all of the State’s existing property tax relief programs and present a report to the Governor and the Legislature, no later than May 30, 2024, containing recommendations on how to restructure and consolidate the various programs into one streamlined property tax relief program for seniors through a singular application, with a target implementation date of January 1, 2026."

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Did you Know NJ Seniors Will Get Their Property Taxes Cut? [View all] NJCher Jun 2023 OP

My friends in jersey pay over 24K a year for property taxes. jimfields33 Jun 2023 #1

aren't seniors hoarding the real estate? GenXer47 Jun 2023 #2

That's a good question... TheRealNorth Jun 2023 #3

More of a publicity stunt than actual relief. IbogaProject Jun 2023 #5

it's primary residences only NJCher Jun 2023 #7

You make some very good points. I would only disagree with the hoarding part. Many seniors c-rational Jun 2023 #4

NY & NJ NJCher Jun 2023 #6

Keeping an eye on this as well ... cliffside Jan 2024 #8

thanks for those posts NJCher Jan 2024 #9

You're welcome and thx for posting, next date to watch in May ... cliffside Jan 2024 #10