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Chief
Financial Officer::
ROBERT KALAFUT |
FINANCE DEPARTMENT
Hartley Dodge Memorial
Madison, New Jersey 07940-2542 |
TEL #: (973) 593-3043
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DEDUCTIONS
If you are a qualified Veteran, Widow of
a Veteran, Senior Citizen, Disabled Person or Surviving Spouse of a
qualified Senior Citizen or Disabled Person, you may be eligible for
deductions, which reduce your property tax liability.
Requirements for these deductions are:
VETERANS AND WIDOWS OF
VETERANS UP TO $250.
Veterans
- Active service in time of war. Owner of property as of October 1
of the pre-tax year. Honorable discharge or release.
Widow
- Husband met above qualifications. She must not remarry.
Multiple Veterans or combined Veteran
and one other deduction may be allowed. 100% disabled veterans, as
determined by the Veterans Administration, may be entitled to
complete tax exemption.
SENIOR CITIZEN – DISABLED PERSON
OR SURVIVING SPOUSE UP TO $250.
Senior Citizen-Age
65 or over as of December 31 of pre-tax year.
Disabled Person-Permanently
and totally disabled as of December 31 of pre-tax year.
Surviving Spouse-Age
55 or over at time of death of person receiving Senior Citizen or
Disabled Person deduction.
General Requirements
- Owner
and resident in property as of October 1 of pre-tax year.
- Citizen
of New Jersey.
- Not
more than 10,000. Income per year, including spouse but
excluding Social Security, Railroad Retirement or Government
Pension (up to maximum Social Security amount.).
- Only
one deduction per person or property may be allowed from this
category.
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