Senior Freeze Exemption 2025. Department of the Treasury Senior Freeze 2024 Toolkit ***To apply for the Senior Citizens Assessment Freeze Exemption, you must: (a) be at least age 65; (b) have resided in your home at least one complete calendar year (01/01 through 12/31); and (b) have a total prior-year combined household income of $65,000 or less.*** Your taxes are calculated as Equalized Assessed Value (EAV), minus total homestead exemptions, multiplied by the tax rate Senior homeowners are eligible for this exemption if they are over 65 years of age and have a total household annual income of $65,000 or less in the 2023 calendar year
Department of the Treasury Senior Freeze 2024 Toolkit from nj.gov
To qualify, the total household income for the year prior to the application year must be $65,000 or less The "Senior Freeze" application is due by Monday, April 21, 2025
Department of the Treasury Senior Freeze 2024 Toolkit
The low-income senior citizens assessment freeze homestead exemption qualifications for the 2025 tax year (for the property taxes you will pay in 2026), are listed below. Senior homeowners are eligible for this exemption if they are over 65 years of age and have a total household annual income of $65,000 or less in the 2023 calendar year You can file online today using the new online renewal application that saves you time.
Department of the Treasury Senior Freeze 2024 Toolkit. To qualify, the total household income for the year prior to the application year must be $65,000 or less The "Senior Freeze" application is due by Monday, April 21, 2025
Senior Tax Freeze Nj 2025 Dorey Lizzie. Retirees and other older homeowners on fixed incomes may reduce their tax bill by taking advantage of "Senior Freeze." To qualify for the "Senior Freeze" exemption, the applicant must: Be at over 65 years old Have a total annual household income of $65,000 or less Have owned and occupied the home on January 1 of the tax year in question This exemption "freezes" the senior citizen's. The 2025 Low-Income Senior Citizens Assessment Freeze Exemption forms are now available