When a property owner believes there is an error in the derived assessment the Assessor welcomes meeting with the owner. ![]() The effective date of assessed value for a coming year is October 1st of the pre-tax year (N.J.S.A. Assessors seek the market value, considering the requisites of same for all properties in order to determine the acceptability of sales as comparables in an analysis. State laws direct that assessments be predicated on Market Value of properties considering comparable (similar in location or neighborhood, physical attributes, quality and condition and not limited to) sales. This program reimburses eligible senior citizens and disabled persons for property tax or mobile home park site fee increases on their principal residence.The Assessor's responsibilities are governed by State laws and regulated by the Ocean County Board of Taxation. NJ Division of Taxation - NJ Division of Taxation - Senior Freeze (Property Tax Reimbursement) You must meet all the eligibility requirements for the base year and for each succeeding year, up to and including the current year to qualify for the reimbursement.įor more information on The Property Tax Reimbursement Program call the Property Tax Reimbursement Hotline at 1-80 to have one mailed to you or click link The amount of the reimbursement is the difference between the amount of property taxes that were due and paid for the “base year” (the first year that you met all the eligibility requirements) and the amount due and paid for the current year for which you are applying for the reimbursement, provided the amount paid for the current year was greater. The Property Tax Reimbursement Program (Senior Freeze) reimburses eligible senior citizens and disabled persons for property tax increases. Senior Citizen/Disabled Person Deduction (click here for form) Veterans Deduction Form (click here for form) Each form includes the qualifications and instructions. You must have Adobe Acrobat reader installed to view them. By clicking on the link, you can view a PDF version of these forms. The following property tax deduction forms are available in the Assessor’s Office. The application must be filed with your municipal tax assessor or tax collectorĮach form includes the qualifications and instructions. 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. 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. ![]() 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. 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. ![]() $250 Real Property Tax Deduction for Senior Citizens, Disabled Persons or Surviving SpousesĪn annual $250 deduction from real property taxes is provided for the dwelling of a qualified senior citizen, disabled person or surviving spouse (widow/widower). The application must be filed with the municipal tax assessor or tax collector. 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.Įligibility criteria must be met as of October 1 of the year prior to the tax year for which deduction is claimed. TO QUALIFY, you must be an honorably discharged US Armed Forces veteran, or the unmarried surviving spouse of such a veteran or the surviving spouse of a serviceperson who died while on active duty. $250 Property Tax Deduction for Veterans or Surviving Spouses Sales information can also be searched here: Lakehurst Borough Reassessment Informationīorough of Lakehurst property tax assessment information is available online at:
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