4. New Jersey: Stay NJ and Consolidated Tax Relief
New Jersey long carried a reputation for high property taxes, prompting many older residents to relocate southward. State leaders responded by launching the ambitious Stay NJ program to dramatically lower senior tax burdens.
Beginning distribution in 2026, Stay NJ provides eligible homeowners aged 65 and older with substantial annual relief. The program reimburses up to 50 percent of property tax bills, capped at $6,500 annually.
The program features an expansive income limit of $500,000, making relief accessible to middle-class and affluent households alike. This wide threshold ensures broad participation across diverse communities.
State administrators also simplified the paperwork by introducing the single Form PAS-1 application. This document consolidates Stay NJ, the Senior Freeze program, and ANCHOR property tax benefits into one streamlined process.
By cutting bureaucratic friction, New Jersey helps older residents claim every dollar of property tax relief they deserve. You can now access multiple state credits without navigating redundant paperwork.
