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Form 1040-SS Elizabeth New Jersey: What You Should Know

If you do not already have a tax exemption (for NJ residents only) or low- or no-income status, you can have your property taxes waived. (Click for information.)  The property tax exemption may be waived for New Jersey real estate purchases in the year the property is purchased and for the full term (years 5/7+). (Click for information.)  If there is a separate exemption for NJ citizens, you may file an individual NJ exemption tax claim form. (Click for information.) You can have the exemption waived by providing the tax identification number from other states or countries. (Click for information.) If you do not have a separate NJ exemption tax claim, a “residence property tax refund letter” form must be attached. You can file the letter by mail or electronically under NJ. E-File, whether you are a full-year resident or part-year resident. The property tax exemption, in part, depends on where you will live upon the final sale. The property must be in a county with no sales tax.  If you are an NJ resident, you will need to contact the Township to establish a residential property or non-residential property tax exemption.

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