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Transfer Of TitleTaxesMEDIUM

New Jersey's Senior Freeze program:

Correct Answer

B) Reimburses eligible seniors for property tax increases

The Senior Freeze program reimburses eligible senior citizens and disabled persons for property tax increases.

Answer Options
A
Freezes home prices
B
Reimburses eligible seniors for property tax increases
C
Only applies to commercial property
D
Eliminates all taxes
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Related Topics & Key Terms

Related Topics:

property-tax-assessmenthousing-assistance-programssenior-housing-regulations

Key Terms:

Senior FreezeProperty Tax Reimbursement ProgramNew Jersey property taxsenior tax reliefbase year reimbursement
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