[Adopted 7-3-1961; amended in its entirety 3-15-1999 by Ord. No. 99-6]
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 Township of Woolwich
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
of Woolwich.
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.
