[Adopted 6-17-1968 by Ord. No. 68-3 as Ch. 74, Art. I of the 1968 Code]
Every person who is a citizen and resident of
the State of New Jersey for a period of three years immediately preceding
October 1 of the pretax year, of the age of 65 or more years, having
an income not in excess of $5,000 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 $800 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 Berlin
for the year 1961 will not be impaired by the exemption so claimed.
The exemption claimed and to be allowed for
the year 1961 shall operate to reduce the taxable valuations of real
property for the year 1961 in the Borough of Berlin.
All applications for exemption under this article
for the tax year 1961 may be filed on or before July 1, 1961, and
all applications for exemption in subsequent tax years 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.
