Monroe Mayor Dalina Lauds State for Increasing Homestead Rebate Program for Tax Relief
Treasury Department Sends Applications to Residents
MONROE TOWNSHIP– September 30, 2021 – Monroe Mayor Stephen Dalina, a vocal advocate for the expansion of the state’s Homestead Rebate, expressed appreciation to the state for increasing funding for this key tax relief program.
Thousands of New Jersey homeowners are now receiving applications from the state Department of Treasury via the mail and electronically for the latest round of Homestead property tax relief benefits.
Almost 7,000 Monroe residents will benefit from this expanded program, with an additional $130 credit. Collectively, that is an additional $900,000 in direct property tax relief for Monroe residents.
Dalina had been critical of state policy that historically trimmed the Homestead program as a way to balance the state budget. The latest round of benefits, scheduled to be paid in May 2022, are intended to offset property tax bills from 2018.
“Monroe is committed to fighting for as much state and federal aid as possible to reduce the tax burden for our residents,” Dalina said. “This is a great victory that builds on our previous successes to expand the senior freeze program and longstanding effort to create and expand the retirement income exclusion program.”
Dalina worked with Sen. Linda Greenstein and Assemblymen Wayne DeAngelo and Daniel Benson to advocate for full funding of the Homestead Credit program for this year.
“I also am pleased to announce an important change to a state program that began in 2017, in which couples age 62 and older are excluded from state taxes if they earned under $100,000 per year,” Dalina said. “Now, with my strong support, the state is allowing couples who annually earn between $100,000 and $150,000 to receive a partial exclusion, rather than be cut off entirely. That will be a boost for many Monroe residents.”
Homestead Rebate Applications are being distributed to homeowners through the end of September, with the deadline to file an application set for November 30. Homeowners making up to $75,000 annually are eligible for Homestead benefits, as are seniors and people with disabilities who earn up to $150,000 a year.
More information about the Homestead program is available at www.state.nj.us/treasury/taxation/homestead/geninf.shtml or via phone at 1-888-238-1233.
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All media inquiries may be directed to Monroe Township Public Information Officer Stacey Kennedy at 732-521-4400 or