As of October 1st of the pretax year, a property owner may apply for a Senior Citizen, Disabled Person or Surviving Spouse of a Senior Citizen or Disabled Person.
Must be a citizen and resident of New Jersey
Must hold legal title to the property for which the deduction is claimed.
Must have residence in New Jersey for 1 year immediately prior to October 1st pretax year.
Claimant must reasonably anticipate an annual income not to exceed $10,000 after a permitted exclusion of Social Security Benefits, or Federal Railroad Retirement, Federal Pensions and State Pensions of disability programs
Senior Citizen must be age 65 or older as of December 31st pretax year
Permanent and Total Disability as of December 31st pretax year
Surviving Spouse Age 55 or more as of December 31st pretax year and at the time of spouse's death