Update on this issue. Turbotax is incorrect. I just filed my NJ state tax using their on line filing website and it was exactly as I had suspected. The $50 Property Tax Credit was accounted for on the NJ State tax forms.
Warning: do NOT use Turbotax NJ state filing if you expect to get the $50 Property Tax Credit applied to your state return as you may lose out on it by the way TT works their state filing. Now the question is how do I alert Turbotax of this important error?
