
Sherrill is set to deliver her first proposed spending plan to a joint session of the Legislature on Tuesday

Sherrill is set to deliver her first proposed spending plan to a joint session of the Legislature on Tuesday

Average NJ property-tax bill hit record high in 2025
NJ Spotlight NewsAssembly Budget Committee begins hearings on Gov. Murphy's budget proposal
(NJ Legislature)Senior and disabled homeowners who made less than $100,000 last year are eligible for a state reimbursement
(Ali Eminov from Flickr; CC BY-NC 2.0)Anchor, Senior Freeze, Stay NJ — Who qualifies, when do you need to register, are all the programs doing business?
(AP Photo/Matt Rourke)As the campaign season starts, a look at the cards held by Democrats and Republicans
(NJ Spotlight News)Among potential trouble spots: higher NJ Transit fares, increase in school funding, paying for generous senior property-tax relief
(Rich Hundley III/Governor’s Office)And looming concerns for the state’s long-term fiscal health
(AP Photo/Matt Rourke)With time running out, committees clear election-year plan to boost tax credits, property tax benefits and more

Votes on Tuesday set stage for budget wrap-up by Friday
(OIT/NJ Governor’s Office).Homeowners now face bills close to 9,500 in New Jersey
(Rich Hundley III/Governor’s Office)Murphy and Democratic legislative leaders say waiting until 2026 to roll out 'StayNJ' is the responsible thing to do
NJ Spotlight NewsThe plan will go into effect in 2026 if the Legislature approves it

Replace all or some existing programs with a single program that would limit a homeowner’s property taxes to an affordable percentage of their income
(NJ Spotlight News)Seniors would get a 50% credit on property-tax bills, capped at $6,500
(AP Photo/Matt Rourke)Disappointing new tax-collection report while budget experts predict long-term multibillion-dollar budget gaps

Gov. Phil Murphy takes stock at the halfway point in his second and final term
(AP Photo/Martin Meissner, file)Seniors must deal with a maze of programs, applications and deadlines
(Edwin J. Torres/ Governor's Office)Assemblywoman says fellow Democrat’s proposal would further stack the deck against poor, young, minorities

Advocates make the case for cutting property taxes for older NJ residents