Borough of Folsom, NJ
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2022-09-13
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Part II, General Legislation
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Chapter 173 Taxation
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Article II Senior Citizen and Disabled Tax Exemption
- Part I, Administrative Legislation
- Ch 1 General Provisions
- Ch 5 Administration of Government
- Ch 9 Claims Procedure
- Ch 13 Court, Municipal
- Ch 16 Defense and Indemnification
- Ch 19 Election Districts
- Ch 22 Environmental Commission
- Ch 26 Fire Department
- Ch 30 Health, Board of
- Ch 35 Length of Service Awards Program
- Ch 41 Officers and Employees
- Ch 43 Personnel Policies
- Ch 46 Planning Board
- Ch 53 Records
- Ch 56 Recreation Commissioners, Board of
- Ch 59 Shade Tree Commission
- Ch 62 Trust Funds
- Ch 64 Veterans' Advisory Board
- Part II, General Legislation
- Ch 65 Alarm Systems
- Ch 68 Alcoholic Beverages
- Ch 71 Amusement Devices
- Ch 74 Animals
- Ch 90 Construction Codes, Uniform
- Ch 94 Curfew
- Ch 98 Drug-Free Zones
- Ch 103 Fees
- Ch 107 Fire Prevention
- Ch 111 Flood Damage Prevention
- Ch 118 (Reserved)
- Ch 124 Lowland Areas
- Ch 127 Mailbox Placement
- Ch 129 Mercantile Licenses
- Ch 131 Motels
- Ch 134 Noise
- Ch 138 Obscene Materials and Acts
- Ch 144 Peace and Good Order
- Ch 147 Peddling and Soliciting
- Ch 151 Property Maintenance
- Ch 152 Rental Property Registration
- Ch 155 Recycling
- Ch 162 Solid Waste
- Ch 164 Stormwater Management
- Ch 166 Streets and Sidewalks
- Ch 170 Subdivision and Land Development
- Ch 173 Taxation
- Ch 173 Art II Senior Citizen and Disabled Tax Exemption
- § 173-4 Criteria for exemption.
- § 173-5 Financial position of Borough not impaired.
- § 173-6 Exemption to reduce taxable valuation of real property.
- § 173-7 Applications for exemption.
- Ch 175 Taxicabs
- Ch 180 Trailers and Camp Cars; Trailer Parks
- Ch 182 Tree Preservation
- Ch 185 Vehicles, All-Terrain
- Ch 187 Vehicles and Traffic
- Ch 196 Wells and Other Open Excavations
- Ch 200 Zoning
- Appendix
- Ch A204 Cable Television and Communications System Franchise
- Disposition List
- Ch DL Disposition List
[Adopted 7-6-1961 by Ord. No. 52; amended
in its entirety at time of adoption of Code (see Ch. 1, General Provisions,
Art. I)]
Every person who is a citizen and resident of
the State of New Jersey for a period of one year immediately preceding
October 1 of the pretax year, of the age of 65 or more years, or,
if not 65 or more years of age, is permanently and totally disabled,
as defined in N.J.S.A. 54:4-8.40, having an income not in excess of
$10,000 per annum and residing in a dwelling house owned by him which
is a constituent part of his real property shall be entitled, on proper
claim being made and allowed therefor, to exemption from taxation
on such real property to an assessed valuation not exceeding $250
in the aggregate, but no such exemption shall be in addition to any
other exemption to which said person may be entitled.
The financial position of the Borough of Folsom
will not be impaired by the exemption so claimed.
The exemption claimed and to be allowed shall
operate to reduce the taxable valuation of real property in the Borough.
All applications for exemption under this article
may be filed on or before November 1 of the pretax year. Such applications
shall be on forms prescribed by the Director, Division of Taxation,
in the Department of the Treasury of the State of New Jersey.
