Property taxes in New Jersey are among the highest in the country, and they can place enormous pressure on retirees living on fixed incomes. To help address this challenge, the state launched a new relief program called Stay NJ, designed specifically to help older homeowners remain in their homes. The program offers significant financial assistance by reimbursing a portion of property taxes paid by eligible seniors. In many cases, homeowners could receive up to $6,500 in property-tax relief annually. Here’s how it works.
