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Lisa Swain & Chris Tully for Assembly

Property Tax Relief

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Property Tax Relief

LD38 Democrats Deliver Property Tax Relief for Seniors

Senator Lagana, Assemblywoman Swain, and Assemblyman Tully helped secure StayNJ, a sweeping plan to drastically reduce property taxes for 98 percent of homeowners 65 and older.

StayNJ will:

  • Cut senior homeowner's local property taxes in half, saving seniors & their families up to $6,500 a year

  • Provide senior renters with $700

  • Provide senior homeowners with a $1,250-$1,750 check, depending on income, to help lower their property tax burden

  • Increase the property tax relief in coming years to adjust for the cost of living, putting money back into the pockets of our seniors