The Governor and legislative leadership have reached agreement on a program to be called "Stay New Jersey." Those over 65 with incomes of $500,000 or less will receive an annual payment from the state of half their property taxes up to a limit of $6500 per year. I mention this because property taxes often come up in discussions on this board of why posters are planning to leave NJ upon retirement.https://nj.gov/governor/news/news/562023/approved/20230621a.shtml
Edit: the limit is $6500, not $6200 as I originally wrote.
Edit: the limit is $6500, not $6200 as I originally wrote.
Last edited: