Property Tax Deductions

 

Veterans or Surviving Spouses of a Veteran $250 Real Property Tax Deduction


TO QUALIFY, you must be an honorably discharged US Armed Forces veteran or the unmarried surviving spouse of such a war veteran or the surviving spouse of a serviceperson who died while on active duty. You must be a property owner and a legal resident of New Jersey and, where applicable, prove that the deceased veteran or serviceperson was a legal resident of New Jersey. Eligibility criteria must be met as of October 1 of the year prior to the tax year for which deduction is claimed. Applications must be filed with the municipal tax assessor by December 31. Applications are available by clicking on the forms link to the left or at the Assessors Office.


Senior Citizens, Disabled Persons or Surviving Spouses $250 Real Property Tax Deduction


TO QUALIFY, you must be by December 31 of year before year deduction is requested a senior citizen, age 65 or older, or a permanently and totally disabled individual, unable to be gainfully employed, or a surviving spouse, age 55 or more and age 55 at time of spouse's death. You must be a legal resident of New Jersey for one year immediately prior to October 1 of the year before the year for which the deduction is requested. You must be an owner of and a permanent resident in the dwelling on October 1st of the year before the year for which the deduction is requested. Income may be no more than $10,000 during the year for which the deduction is requested, excluding, with restrictions, monies received from social security, or Federal Government pension, disability and retirement programs or State, County, Municipal pension, disability and retirement programs. Applications along with the income statement and proof of age must be filed with the municipal tax assessor by December 31. Applications are available by clicking on the forms link to the left or at the Assessors Office.


Property Tax Exemption for 100% Disabled Veterans or Surviving Spouses


Certain permanently and totally disabled war veterans or the surviving spouses (widows/widowers) of such disabled war veterans and servicepersons are granted a full property tax exemption on their dwelling house and the lot on which it is situated. TO QUALIFY, you must be an honorably discharged veteran, who had active service in time of war in the US Armed Forces, or the unmarried surviving spouse of such a disabled veteran. Surviving spouses of servicepersons who died in active service in time of war also qualify. Disability must be certified as 100% permanent and total by the United States Department of Veterans Affairs. You must be the owner and a permanent resident in the dwelling and legal resident of New Jersey. In the case of surviving spouses, the deceased spouse must also have been a legal resident of New Jersey. Applications can be filed with the municipal tax assessor at any time during the year. Applications are available by clicking on the forms link to the left or at the Assessors Office. 


The information that appears on this page is taken from the State of New Jersey Division of Taxation's Web site regarding general assessment issues specifically property tax deductions available in the State of New Jersey. Some language has been modified to better meet the needs of the Village. To view the information in its original format go to Division of Taxation - Other Property Tax Benefits

  • Hits: 9365

COPYRIGHT © 2023 VILLAGE OF RIDGEWOOD

If you have any trouble with accessing information contained within this website, please contact the MIS Department - 201-670-5500 x2222 or by email mis@ridgewoodnj.net.

Feedback