As a renter, over the last few years I’ve been receiving $75 tax rebates, usually by surprise, months after filing taxes. On the governor’s budget plan, the rebate for renters will increase up to $350. Low income renters will see this biggest increase, while those earning between $50,001 and $100,000 like myself will get an increase of only $5.
For renters, an estimated 18% of the total rent paid over the year goes towards property taxes. For me, at $900 a month for my one bedroom apartment, about $1,944 goes towards property tax according to this estimate. The $80 rebate is about 4% of that property tax “bill.”
Homeowners will get much larger rebates, between 10% and 20% of their entire property tax bill. [Home News Tribune: Rebate Increases Set]
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{ 16 comments… read them below or add one }
my state has rebates for renters. unfortunately (only for this i guess), every year i make just a shave “too much” to qualify! i am always really close, so it’s kind of frustrating. i believe my state gives up to $500 or around that.
Unfortunately my state has no rebate for renters. :(
Not sure why they have a rebate…why don’t they just reduce taxes by that amount?
Oh, that’s right, they get the free loans from taxpayers.
I hope OnRebate.com isn’t handling those rebates. See this on Consumerist.com.
http://consumerist.com/consumer/tigerdirect/why-rebates-suck-tigerdirect-and-onrebate-160882.php
The article says that the Governor is pushing for the rebate to be reworked as a credit, so the tax benefit is realized in your refund or in your tax due, rather than having to wait around for a separate check.
Felxo,
Ya gotta buy a house man, whats with this renting stuff?!
i want to no if jersey gets rebates bcause i did not why
HI,
I rent an apartment in NJ and I work in Manhattan. Can I still get the rebate?
I”ve never received it before. I’ve lived in Jersey City for 2.5 years now.
Is there a seperate form to file to obtain this renters rebate?
Please write back.
I appreciate your help.
Thanks
CD: You need to go to this website and file a homestead rebate form, usually if you do your NJ tax on line at this website they automatically do the rebate form for you.
http://www.state.nj.us/treasury/taxation/index.html
when will the rebate start
when will I recieve my rent rebate
I am a little confused … will i get a $350 rebate or $80 rebate .. last year i got $300 , but when I go to the website it says $80
Could you please tell me when the 2008 renter rebate will be sent out.I am disabled.
How do I go about applying for a NJ renters rebate? Please let me know I have no idea. thx
would like to contact them re 2007 rebate
yes i believe the rebate check is coming out @ the end of july go to nj homestead rebate site and they give a phone # to call and you can also check your status