NJ · No general homestead exemption
New Jersey homestead exemption
No.
- Main exemption
- No general exemption
- Filing deadline
- Not in our data
- Own and live there by
- October 1
- Renewal
- Not in our data
- Where to file
- NJ Division of Taxation (ANCHOR, Senior Freeze, Stay NJ); local assessor or tax collector (deductions and veteran exemption)
No. New Jersey has no general homestead exemption that lowers your assessed value; instead the state pays homeowners property tax relief through ANCHOR (income up to $250,000), Senior Freeze and Stay NJ (65+, up to $6,500 in 2027). Local deductions take $250 off the tax bill for qualifying seniors, disabled owners and veterans, and 100% disabled veterans are fully exempt. ANCHOR, Senior Freeze and Stay NJ use one state application (PAS-1 or ANC-1), while deductions and the veteran exemption are filed with your local assessor or tax collector.
Last verified · Sources
How much the New Jersey exemption is worth
New Jersey has no general homestead exemption for all homeowners. The relief that does exist is described below.
Who qualifies
- ANCHOR: you owned and lived in a New Jersey home as your main residence on October 1, 2025, with New Jersey gross income up to $250,000.
- Stay NJ: homeowners 65 or older with income of $200,000 or less.
- Senior Freeze: eligibility is based on residency, income and age, and you keep your base year if the town has not reassessed.
- $250 deductions: seniors 65+, disabled owners and honorably discharged veterans who meet the requirements as of the pretax year.
Deadline and renewal
The deadline for the 2025 PAS-1 (Senior Freeze, ANCHOR and Stay NJ) was November 2, 2026; the next year's date is set by the state budget. Most ANCHOR filers are auto-filed and get a confirmation letter instead of applying.
State relief programs require an application or auto-filed confirmation each year and depend on annual budget funding. The $250 deductions and the 100% disabled veteran exemption are annual, filed with your town.
Form: Property Tax Relief Application (PAS-1) · open the official form
Extra breaks for seniors, veterans and disabled owners
| Who | Program | Amount | Details |
|---|---|---|---|
| Seniors | Stay NJ (65+) | $6,500 tax credit | For homeowners 65+ with income of $200,000 or less, the 2027 maximum benefit is $6,500 (income up to $100,000), $5,000 ($100,000-$150,000) or $4,000 ($150,000-$200,000). It is paid in quarterly installments. Source |
| Seniors | Senior or disabled $250 deduction | $250 off the tax bill | Homeowners 65+ or disabled who have lived in New Jersey at least one year and meet the income threshold get an annual $250 property tax deduction. File Form PTD with your local assessor or tax collector. Source |
| Veterans | Veteran $250 deduction | $250 off the tax bill | Honorably discharged veterans with active duty service get an annual $250 property tax deduction. Requirements must be met as of October 1 of the pretax year. Source |
| Veterans | 100% disabled veteran exemption | Not in our data | An honorably discharged veteran rated 100% permanently and totally disabled from active duty service is fully exempt from property tax on the main home. A surviving spouse or partner who has not remarried may also qualify. Source |
| Surviving spouses | Surviving spouse of a senior or disabled owner | $250 off the tax bill | A surviving spouse 55 or older at the spouse's death can keep the $250 deduction on the same home if not remarried and within the income threshold. Source |
| Surviving spouses | Surviving spouse of a veteran | $250 off the tax bill | A surviving spouse or partner of an honorably discharged veteran who has not remarried can claim the $250 veteran deduction with Form V.S.S. Source |
New Jersey county guides
Local offices, online filing links and local amounts for 8 counties, largest first.
- Bergen CountyBergen County Board of Taxation
- Essex CountyEssex County Board of Taxation
- Hudson CountyHudson County Board of Taxation
- Ocean CountyOcean County Board of Taxation
- Monmouth CountyMonmouth County Board of Taxation
- Union CountyUnion County Board of Taxation
- Camden CountyCamden County Board of Taxation
- Burlington CountyBurlington County Board of Taxation
Frequently asked questions
Does New Jersey have a homestead exemption?
Not one that cuts assessed value for all owners. Relief comes as state benefits (ANCHOR, Senior Freeze, Stay NJ) plus $250 local deductions for seniors, disabled owners and veterans.
Do I have to apply for ANCHOR?
Most eligible homeowners are auto-filed and receive a confirmation letter; others file online or by mail with Form ANC-1 or PAS-1.
Where do I file for the $250 senior or veteran deduction?
With your local assessor or tax collector, using Form PTD (seniors and disabled) or the veteran deduction forms.
When is the homestead exemption deadline in New Jersey?
The deadline for the 2025 PAS-1 (Senior Freeze, ANCHOR and Stay NJ) was November 2, 2026; the next year's date is set by the state budget. Most ANCHOR filers are auto-filed and get a confirmation letter instead of applying.
Do I have to reapply for the homestead exemption in New Jersey every year?
State relief programs require an application or auto-filed confirmation each year and depend on annual budget funding. The $250 deductions and the 100% disabled veteran exemption are annual, filed with your town.
Sources
- Property Tax Relief Programs · NJ Division of Taxation
- ANCHOR Program · NJ Division of Taxation
- ANCHOR eligibility · NJ Division of Taxation
- Stay NJ · NJ Division of Taxation
- Senior Freeze (Property Tax Reimbursement) · NJ Division of Taxation
- Senior Citizen, Disabled Person, Surviving Spouse Deduction · NJ Division of Taxation
- Veteran Property Tax Deduction · NJ Division of Taxation
- 100% Disabled Veteran Property Tax Exemption · NJ Division of Taxation
- Property Tax Relief FAQ · NJ Division of Taxation
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