Renovate your home without the tax increase for 5 full years. Qualified projects can save you up to $25,000 in taxable assessment value.
To qualify, you must file **Form E/A-1** with your local Tax Assessor within **30 days** of the project's completion. Completion is defined as being "substantially ready for use." If you miss this window, the assessor will tax the full value of the improvement immediately.
*Note: In Winslow Township, homes must be 20+ years old to qualify.
A tax abatement is a massive selling point for potential buyers. Let's make sure you get the most ROI out of your project.