The Homestead Exemption in New Jersey
Who qualifies for the New Jersey homestead property tax exemption, how much it saves, and how and when to apply.
Short answer: New Jersey's main relief for homeowners is state benefit programs: ANCHOR (for homeowners and renters, based on 2025 residency, income and age for the current benefit), the Senior Freeze (property tax reimbursement for seniors and disabled persons on a principal residence) and Stay NJ… NJ Division of Taxation, Property Tax Relief Programs
| Homestead exemption | New Jersey's main relief for homeowners is state benefit programs: ANCHOR (for homeowners and renters, based on 2025 residency, income and age for the current benefit), the Senior Freeze (property tax reimbursement for seniors and disabled persons on a principal residence) and Stay NJ (for homeowners 65 or older). Local deductions and exemptions for seniors, disabled persons and veterans are administered by the municipality. |
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| How to apply | ANCHOR, Senior Freeze and Stay NJ are claimed on a single combined application, Form PAS-1, online (propertytaxreliefapp.nj.gov) or on paper. Most homeowners under 65 who do not receive Social Security or Railroad Retirement disability benefits, and most renters, were filed automatically for ANCHOR; seniors 65+ and disability recipients must file PAS-1 themselves. Local deductions and exemptions are filed with the municipal tax assessor or tax collector (for example, Form PTD for the senior/disabled deduction and Form D.V.S.S.E. for the disabled veteran exemption). Combined application: https://www.nj.gov/treasury/taxation/ptr/index.shtml |
| Application deadline | The deadline to file the 2025 PAS-1 (ANCHOR, Senior Freeze and Stay NJ) is November 2, 2026. To keep the $250 senior/disabled deduction, Form PD5 must be filed with the tax collector every year on or before March 1. PD5 deadline: https://www.nj.gov/treasury/taxation/lpt/lpt-seniordeduction.shtml |
More New Jersey property tax & homestead exemptions
- Senior, Veteran and Disability Property Tax Relief in New Jersey
- Appealing Your Property Tax Assessment in New Jersey
- All New Jersey property tax & homestead exemptions rules
FAQ
What is the homestead exemption in New Jersey?
New Jersey's main relief for homeowners is state benefit programs: ANCHOR (for homeowners and renters, based on 2025 residency, income and age for the current benefit), the Senior Freeze (property tax reimbursement for seniors and disabled persons on a principal residence) and Stay NJ (for homeowners 65 or older). Local deductions and exemptions for seniors, disabled persons and veterans are administered by the municipality.
How do you apply for a homestead exemption in New Jersey?
ANCHOR, Senior Freeze and Stay NJ are claimed on a single combined application, Form PAS-1, online (propertytaxreliefapp.nj.gov) or on paper. Most homeowners under 65 who do not receive Social Security or Railroad Retirement disability benefits, and most renters, were filed automatically for ANCHOR; seniors 65+ and disability recipients must file PAS-1 themselves. Local deductions and exemptions are filed with the municipal tax assessor or tax collector (for example, Form PTD for the senior/disabled deduction and Form D.V.S.S.E. for the disabled veteran exemption).
When is the deadline to apply for a homestead exemption in New Jersey?
The deadline to file the 2025 PAS-1 (ANCHOR, Senior Freeze and Stay NJ) is November 2, 2026. To keep the $250 senior/disabled deduction, Form PD5 must be filed with the tax collector every year on or before March 1.
General legal information, not legal advice. Laws change and local rules can differ; check the linked official source or talk to a lawyer about your situation.