Office of the State Treasurer


October 2, 2006

Tom Vincz
(609) 633-6565

Second Round of Homestead Rebate Checks Mailed

 TRENTON – State Treasurer Bradley Abelow announced that the Division of Taxation will mail just over one million Homestead (FAIR) Rebate checks for 2005 to New Jersey homeowners today.

 “The rebates will provide some direct and sorely needed property tax relief to New Jersey homeowners,” said Treasurer Abelow, noting that this mailing represents the second and final wave of Homestead Rebate checks this year. The first wave of rebate checks for eligible senior and disabled homeowners, as well as all eligible tenants, was mailed in early August. “With this second round, nearly 2.3 million households will have received rebate checks to offset their property taxes this year,” he said.

 Approximately one half of the state budget for FY 2007, or $15.3 billion, is dedicated to property tax relief. The Homestead Rebate program represents $1.1 billion of this commitment.

 Eligible non-senior, non-disabled homeowners who filed their applications by August 15 can expect to receive their 2005 rebate checks next week. Those who requested direct deposit will have their rebates deposited directly into their bank accounts. Applicants with incomes of $70,000 or less will receive rebates of $350, those with incomes between $70,000 and $125,000 will receive $250, while those with incomes between $125,000 and $200,000 will receive rebates of $200. Rebates for applications filed between August 16 and the extended filing deadline of October 31, 2006, will be issued as quickly as possible, but may not be included in this distribution.

 Homeowners and tenants who still have not applied for the rebate have until October 31, 2006, to file their applications. Homeowners may file by phone (1-877-658-2972) or online at 24 hours a day, 7 days a week. Tenants can complete and file a paper FAIR Rebate Application, Form TR-1040. Copies of Form TR 1040 and instructions are available on the Division of Taxation’s Web site at Or, tenants can use NJ WebFile, the Division’s free Internet filing system, which is available until October 16, 2006, at

 Applicants who have already filed can check the status of their rebate check by calling 1-877-658-2972, or online at
Information about the Homestead (FAIR) Rebate Program and other New Jersey property tax relief programs is available on the Division of Taxation’s Web site at or by calling 1-888-238-1233.

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