New Jersey Treasury Announces First Round of Stay NJ Property Tax Relief to Eligible Seniors

The New Jersey Department of Treasury has announced that it has begun mailing the first installment of benefits for the inaugural season of Stay NJ, New Jersey’s newest property tax relief program for eligible seniors and disabled residents. Benefits are calculated using a formula based on a taxpayer’s property tax bill and eligibility for the State’s other property tax relief programs. [N.J. Dep’t of Treasury, Press Release, 02/09/26]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.