2016 Homestead Benefit Program

• Most eligible homeowners received their 2015 Homestead Benefit property tax relief around May 1, 2018 in the form of a credit on their second-quarter property tax bill. Some eligible homeowners received it in the form of a check.
• If you received a benefit earlier this year, you will receive an additional credit or check on or about November 1, 2018, due to the State budget recently signed by Governor Phil Murphy. The amount of your additional credit or check should equal the amount you initially received. You do not need to reapply or take any action to receive this additional benefit. Re-visit our website in the fall for more information or to check the status of your benefit.
• Eligible seniors and disabled residents can expect to see a property tax reduction of approximately $259. All other eligible homeowners will receive an estimated $202.
• Homeowners who earn up to $75,000 and meet all other criteria are eligible for the Homestead Benefit. Senior, blind, and disabled homeowners under age 65 who earn as much as $150,000 receive the benefit as well.
• This year’s Homestead Benefit is based on the appropriation in the FY 2019 budget.

Tenants will not receive rebates for 2016. The amount appropriated for property tax relief programs in the State Budget does not include funding for 2016 tenant rebates.