[Adopted 9-12-1961 by Ord. No. 1961-10
(Sec. 2.196 of the 1995 Code); amended in its entirety 1-24-2007
by Ord. No. 2007-2]
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 age 65 or more years, of 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 Township of Cinnaminson 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 Township.
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 Treasury
of the State of New Jersey.