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Town explains disabled-veteran property tax exemption being adopted for one property
Summary
Administrator Matt explained Resolution 137 will grant a full property tax exemption for a 100% disabled veteran after receipt of a complete VA certification; the committee noted partial-percentage exemptions have not cleared the Legislature.
During committee reports and Q&A, a member asked whether partial property tax exemptions exist for veterans with less-than-100% VA disability ratings. Administrator Matt responded that the owner in question is a 100% disabled veteran and that "the state of New Jersey grants property tax exemptions in full to property owners who are 100% disabled and their surviving spouses." He added that bills proposing partial exemptions tied to a VA-determined percentage have been introduced in the Legislature in past years but "none of them have ever gotten out of committee."
The resolution (137) was included on the consent agenda and memorializes application-based implementation: exemptions take effect beginning the calendar year and begin the month after the municipality receives a completed application that includes VA certification. The committee clarified there is also a separate $250 veterans deduction available to qualifying applicants.
