The Senior Freeze gives eligible taxpayers a property tax break.
To be eligible for the Senior Freeze, you or your spouse or civil union partner must beYou also would have needed to live in New Jersey continuously since Dec. 31, 2010 as either a homeowner or renter, said Jody D’Agostini, a certified financial planner with Equitable Advisors/The Falcon Financial Group in Morristown. If you were a homeowner, you must have lived in your home since Dec.
31, 2019. You also must have paid your property taxes by June 1 each year, she said.looks at the current and prior year income. If your income stays below the income threshold for two years, you can reapply, but you would lose the original base year, which is what happened to your relative, D’Agostini said.for each year from the base year through the application year,” D’Agostini said.
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