Governor James E. McGreevey today directed the Division of Taxation to
extend the due date for filing 2001 Property Tax Reimbursement
Applications to June 1, 2002. The filing deadline was previously extended
from the original date of March 15, 2002 to May 1, 2002.
"We want to
provide our senior and disabled citizens with every opportunity to take
advantage of this very important tax relief program," said McGreevey. "The
extension will ensure that eligible New Jerseyans have an opportunity to
take advantage of the program's benefits and receive reimbursement for
property tax increases."
The Governor noted that the Property Tax Reimbursement Program is part of
a $12 billion budget commitment to direct and indirect property tax relief
for New Jersey citizens. Other programs include the NJ SAVER Rebates,
increased homestead rebates and the Veterans' and Senior Citizen's
Property Tax Deduction.
is necessary because increased income limits that took effect this year
mean that many seniors and disabled citizens who are eligible for the
first time may not be familiar with the program.
extension will ensure that our residents who are most impacted by rising
property taxes will receive the relief they need," McGreevey said
Tax Reimbursement Program reimburses eligible senior citizens and disabled
persons for property tax increases. The amount of the reimbursement is the
difference between the amount of property taxes due and paid in the year
the applicant first becomes eligible for the program (the "base year") and
the amount of property taxes due and paid for the current year, provided
the amount paid for the current year is greater. Applicants must continue
to meet all eligibility requirements and must file an application each
year to receive the reimbursement.
To be eligible for a 2001 property tax reimbursement a first-time
Be age 65
or older or receiving Federal Social Security disability benefits; and
in New Jersey continuously since before January 1, 1991, as either a
homeowner or a renter, and
and lived in the home for which the reimbursement is being claimed, or
have leased the site in a mobile home park on which a manufactured or
mobile home is placed, since before January 1, 1998; and
income for 2000 that is less than $37,174 for single applicants, or
$45,582 (combined income) for married couples, and annual income for
2001 that is less than $38,475 for single applicants, or $47,177
(combined income) for married couples; and
the full amount of the property taxes (or site fees if a mobile home
owner) that were due on the home for both the base year and the year for
which the reimbursement is being claimed.
There are two
different versions of the 2001 Property Tax Reimbursement Application.
Form PTR-1 is to be used by first-time applicants and applicants who did
not receive a 2000 property tax reimbursement. Form PTR-2 is a
personalized application for those who applied for and received a 2000
about the Property Tax Reimbursement Program is available on the Division
of Taxation's Web site (www.state.nj.us/treasury/taxation/) or by calling
the Automated Tax Information System at 1-800-323-4400.
information, or to obtain an application, contact the Property Tax
Reimbursement Hotline at 1-800-882-6597. Division representatives are
available from 8:30 a.m. to 4:30 p.m., Monday through Friday.