There will be a relief for owners and renters in the new bill Gov Murphy just signed for fiscal year 2023
Phil Murphy has unveiled a property tax relief plan for nearly 1.8 million state residents for fiscal year 2023. Homeowners making up to $250,000 per year may be eligible for rebates averaging $700, lowering the effective rate to 2016 levels. And renters earning up to $100,000 may qualify for up to $250.
“This program will provide direct property tax relief to households regardless of whether they own or rent,” Gov. Murphy said. “While the state does not set property taxes, we believe that we must take action to offset costs and make life in New Jersey more affordable.”
Use this link for more details about the relief: NJ Property Tax Relief
@Lauren60
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
