There are several property tax breaks if you qualifty.
Q. We are not required to file a New Jersey state income tax return because our New Jersey gross income is below the filing threshold. But we do qualify for the $50 property tax credit, which we can apply for by submitting Form NJ-1040-HW. However, the instructions say the credit is included in the Homestead Rebate. We automatically receive a Homestead Rebate application in the mail every year, and we do file for the rebate and receive it.
Residents not required to file a tax return and who are age 65 or older and/or disabled with income below the filing threshold amount will receive their New Jersey in one of two ways, said Michael Maye, a certified financial planner and certified public accountant with MJM Financial in Gillette.
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