$250 veteran deduction
A $250 yearly cut in the property tax bill for an honorably discharged veteran with active duty service who owns the property and is a New Jersey resident on October 1 of the year before the tax year. Some surviving spouses and partners also qualify.
New Jersey example
Made-up numbers: a Cherry Hill veteran whose DD 214 shows active duty and an honorable discharge files Form V.S.S. with the assessor or tax collector. A bill that would have been $9,800 drops to $9,550. Reserve or National Guard service counts only if called to active duty; active duty for training does not count.
Official source
NJ Division of Taxation - $250 Veterans Property Tax Deduction
This is a plain-English summary. Rules and dollar amounts change, so check the official source or a professional before you file or sign anything.