Homestead Benefit Program - New Information effective 11/9/2020

2017 Homestead Benefit Program Announcement as of 11/09/2020: “N.J. HOMESTEAD PROPERTY TAX RELIEF NOT COMING THIS YEAR, TREASURY SAYS FOR 2017!”

N.J. Homeowners will not receive property tax credits on their November 1st real estate tax bills as per treasury in 2020. The fiscal year starting October 1st for the proposed budget does not allow time to process credits to appear on the November Tax bills (treasury stated). 2017 Homestead Benefit payments will be paid to eligible taxpayers beginning in May 2021.