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Deductions, Exemptions, and Abatements

New Jersey offers several property tax deductions, exemptions, and abatements. These programs are managed by your local municipality. Tax deductions, exemption, and deferment programs include:

• $250 Property Tax Deduction for Senior Citizens and Disabled Persons;
• $250 Veteran Property Tax Deduction;
• 100% Disabled Veteran Property Tax Exemption; and
• Active Military Service Property Tax Deferment.

Property assessment, exemption, and abatement programs include:

• Automatic Fire Suppression System Property Tax Exemption;
• Environmental Opportunity Zone Property Tax Exemption;
• Five Year Exemption and Abatement;
• Historic Site Property Tax Exemption;
• Non-Profit Organization’s Property Tax Exemption;
• Non-Residential Development Fee Certification/Exemption;
• Renewable Energy System Property Tax Exemption; and
• Urban Enterprise Zone Property Tax Abatement.