What is the Property Tax Deduction For Veterans or Surviving Spouses?

$250 PROPERTY TAX DEDUCTION FOR VETERANS OR SURVIVING SPOUSES N.J.S.A. 54:4-8.10 et seq.

Two hundred fifty dollars ($250) may be deducted each year from taxes due on the real or personal property of qualified active duty veterans or their unremarried surviving spouses. In 1999, a constitutional amendment increased the deduction from $50 to $100 for 2000; $150 for 2001; $200 for 2002 and $250 per year thereafter. To qualify, you must be an honorably discharged US Armed Forces active duty veteran or the unremarried surviving spouse of such an active duty veteran or the unremarried surviving spouse of a serviceperson who served and died while on active duty. You must be a property owner and a legal resident of New Jersey and, where applicable, prove that the deceased veteran or serviceperson was a legal resident of New Jersey. Claim Form V.S.S must be filed with your municipal tax assessor or collector.