Governor Chris Christie • Lt. Governor Kim Guadagno  
The Official Web Site For The State of New Jersey - Department of Treasury
Global Navigation
FAQs Departments/ Agencies Services A to Z NJ Home Page

2012 Homestead Benefit Information
Eligibility Requirements

You may be eligible for a 2012 New Jersey homestead benefit if:

  • You were a New Jersey resident; and
  • You owned and occupied a home in New Jersey that was your principal residence on October 1, 2012 (If you were not a homeowner on October 1, 2012, you are not eligible for a homestead benefit, even if you owned a home for part of the year.); and
  • Property taxes for 2012 were paid on that home; and
  • You meet certain income limits.

You are not eligible for a homestead benefit if you are not required to pay property taxes on your home. This includes:

  • Homeowners who are completely exempt from paying property taxes on their principal residence.
  • Homeowners who made P.I.L.O.T. (Payments-in-Lieu-of-Tax) payments to their municipality. These payments are not considered property taxes for purposes of the homestead benefit.

Note:  Eligibility requirements and benefit amounts for 2012 will not be finalized until the completion of the State Budget for FY 2015, which must be adopted by July 1, 2014. Homestead benefits for 2012 are expected to be applied to May 2015 property tax bills. Additional information on the 2012 homestead benefit will be posted when it becomes available.

Send an e-mail about your Homestead Benefit


Last Updated: Wednesday, 08/20/14

Taxation: Home | Site Index | Site Help | Legislature | Judiciary | Revenue | IRS | Other Tax Links
Treasury: Home | ServicesPeopleBusinesses | Divisions/AgenciesForms
NJ Home | Services A to Z | Departments/Agencies | FAQs
Copyright © State of New Jersey, 1996-
This site is maintained by the Division of Revenue and Enterprise Services.

Reports Accessibility Statement Legal Statement Privacy Notice Contact Us Open Public Records Act Proposed Rules and Amendments Comment or Petition for new Rule Division/Ageny Statutes and Rules Electronic Notification