46 Main Street
Franklin, NJ 07416
Phone: 973-827-9280 – X117
Monday, Tuesday, Thursday, Friday - 8:00AM to 4:00PM
Wednesday – 8:30 AM to 4:00 PM
TAX PAYMENT DUE DATES (View Taxes)
1st quarter taxes due February 1st
2nd quarter taxes due May 1st
3rd quarter taxes due August 1st
4th quarter taxes due November 1st
FRANKLIN TAX RATES
2013 Tax Rate – 2.919
2012 Tax Rate – 2.839
2011 Tax Rate – 2.688
2010 Tax Rate – 2.54 (Reval)
2009 Tax Rate – 4.689
2008 Tax Rate – 4.634
2007 Tax Rate – 4.510
2006 Tax Rate – 4.235
2005 Tax Rate – 3.980
PROPERTY TAX REIMBURSEMENT
(AKA PROPERTY TAX FREEZE)
Homeowners, including owners of mobile homes located in mobile home parks, age 65 or older, or receiving Federal Social Security Disability Benefits, who paid property taxes on their principal residence in New Jersey either directly or through mobile home park site fees. Applicants must be New Jersey residents for at least the past 10 years and lived in the home for which reimbursement is claimed for at least the last 3 years, and must meet certain income limits. Applicants must meet all requirements for both base year and reimbursement year. The reimbursement is the difference between the amount of property taxes paid for the base year and the amount paid for the reimbursement year. File form PTR-1 for residents who did not receive a prior year*s reimbursement of Form PTR-2 for residents who did receive a prior year*s reimbursement by March 15th.
NJ SAVER REBATE
Residents who owned and paid property taxes on a home in New Jersey that was their principal residence on October 1. As part of the State Budget for fiscal year 2003, the Legislature has mandated that no NJ SAVER rebate will be paid to any individual or married couple with gross income in excess of $200,000. This restriction may or may not apply in future years. The rebate is based on equalized home values (up to $ 45,000) and the effective school tax rate for the municipality. Amounts vary by Municipality. File by calling 1-877-658-2972 toll free or applications can also be filed on the Division*s Web site at: www.njsaverrebate.com. By June 30th.
CREDIT CARD PAYMENTS
The Franklin Borough Tax Office is now accepting credit card payments. There are 2 options that are available to the taxpayers.
First, payments can be made by calling an 800 number * 1-800-272-9829. Just follow the key prompts, they will walk you through the system, at one point they will ask for a jurisdiction code which is needed, the number is 4047 for Franklin Borough.
Second, payments can be accepted by the Internet. The Web Site is as follows: www. officialpayments.com
There are 6 easy steps for this procedure, the following credit cards are accepted – American Express, MasterCard, Visa and Discover Card. There will be a nominal fee charged for this service by Official Payments Corporation.
Homeowners and tenants who pay property taxes on their principal residence in New Jersey, either directly or through rent, and whose gross income does not exceed $100,000 ($40,000 for homeowners who are not 65 years of age or disabled) Rebates range from $ 90 to $ 790.00 File form HR-1040 (and form NJ-1040, if required), or Homestead Rebate Application section of form NJ-1040EZ, or of a return filed electronically using NJ Webfile, NJ Telefile, or approved vendor software by April 15th.
ANNUAL PROPERTY TAX DEDUCTIONS
Senior Citizens* Annual Property Tax Deduction: Annual deductions of up to $250.00 from property taxes for homeowners age 65 or older or disabled who meet certain income and residency requirements. This benefit is administered by the local municipality.
Veterans* Deduction: Annual deduction from taxes due on real or personal property paid to qualified war veterans and their unmarried surviving spouses. The deduction is $250.00. This benefit is administered by the local municipality.