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So if your home’s property value was frozen at $200,000, five years from now, if your home is now worth $220,000, you’ll be paying taxes on a $200,000 home and not a $220,000 home.
(The Center Square) – Amid a push to raise the annual cap on property tax increases statewide, Sen. Phil Fortunato, R-Auburn, wants the Legislature to exempt around 500,000 senior citizens ...
But the state is now offering a significant relief program for senior homeowners known as the “Senior Freeze,” a property tax reimbursement program that has sent New Jersey seniors $145 ...
Increased property-tax exemptions for senior homeowners and the lowest property tax rate (0.28%) of any state. Residents 60-plus can attend state-funded education courses free for no credit.
Do: Seek Outside Help There are plenty of outside sources you can turn to if you need help figuring out your property tax situation. Your first stop should be the U.S. Government's Department of ...
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