WATCH: What You Need to Know About StayNJ

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The Stay NJ program offers property tax benefits to eligible homeowners aged 65 and older. To qualify, you (or your spouse) must have:

• Been age 65 or older during 2025;

• Owned and lived in a home for the full 12 months of 2025;

• Resided in a home subject to property taxes or P.I.L.O.T. (Payments-in-Lieu-of-Tax);

• Income that does not exceed $200,000.

Renter and mobile home owners are not eligible for Stay NJ.

Income	2027 Maximum Benefit*
$0 - $100,000	$6,500
$100,000.01 - $150,000	$5,000
$150,000.01 - $200,000	$4,000
Over $200,000	$0
* Maximum benefit presented on an annualized basis assuming no changes to the Stay NJ Program in the Fiscal Year 2028 budget.