The State of New Jersey offers
Property Tax Relief Programs.
A few Tax Relief programs that are beneficial to Madison residents are:
Property Tax Freeze Program
Please be advised that the filing deadline for 2019 Senior Freeze (Property Tax Reimbursement) applications has been extended to February 1, 2021.
Also called the Property Tax Reimbursement Program (PTR Program), this program reimburses eligible senior citizens and disabled persons for property tax increases on their principal residence. For more information call 1-800-882-6597 or click on the following link http://www.state.nj.us/treasury/taxation/ptr/
Homestead Benefit Program
This property tax relief program is available for all eligible state residents. For more information call 1-800-882-6597 or click on the following link
http://www.state.nj.us/treasury/taxation/homestead/geninf.shtml
Senior Citizen/Disabled Deduction
This program offers an annual deduction of up to $250 from property taxes for homeowners age 65 and older or disabled who meet certain income and residency requirements.
http://www.state.nj.us/treasury/taxation/otherptr.shtml
Veterans Deduction
This program offers an annual deduction of up to $250 from property taxes for qualified war veterans or veterans who served in peacekeeping missions and operations, or a surviving spouse/civil union/domestic partner who has not remarried.
http://www.state.nj.us/treasury/taxation/otherptr.shtml
Disabled Veterans Exemption
This program offers full exemption from property taxes for certain totally and permanently disabled war veterans and veterans who served in peacekeeping missions and operations, or a surviving spouse/civil union/domestic partner who has not remarried.
http://www.state.nj.us/treasury/taxation/otherptr.shtml