Do you enjoy living in New Jersey?

[Mightyqueen801]

Originally Posted by dvd_nj

My research indicates it won't go into effect until 2026; so some wonder if it will actually happen. Here is the eligibility - at this time:
Eligibility: Senior citizens aged 65 and older who own a primary residence in New Jersey.
Property Tax Credit: 50% of the property tax due.
Income Threshold: Households earning up to $150,000.
Maximum Credit: $10,000 per tax year.

Max credit is $6500 and the earning limit is $500K.

https://www.nj.com/politics/2023/07/...er-happen.html

[dvd_nj]

Originally Posted by Mightyqueen801

Max credit is $6500 and the earning limit is $500K.

https://www.nj.com/politics/2023/07/...er-happen.html

Yours is dated in July - the one that I found was dated December 4th, 2023. Again - long way off so anything could change.

[Mightyqueen801]

Originally Posted by dvd_nj

Yours is dated in July - the one that I found was dated December 4th, 2023. Again - long way off so anything could change.

Ah, OK. Yes, I am not counting on anything.

[JG183]

Another high ranking

https://www.homesnacks.com/these-are...ve-in-america/

[skeddy]

Originally Posted by dvd_nj

A seller has always had to disclose all issues, including water damage, when they sell a house in NJ - it's called the Seller's Disclosure document. I remember it back 20+ years ago when I was a realtor - so it's not new.

the link is self-explanatory.