New Jersey
Barcelona stuns Real Madrid in New Jersey El Clasicos thriller
Barcelona defeated Real Madrid by 2-1 on Saturday, August 3, at MetLife Stadium in East Rutherford, New Jersey.
According to BBC, Pau Victor’s two classic goals in the first El Clasico of the season helped Barcelona beat the Spanish rival in a friendly in the US.
The two key players, Jude Bellingham and Kylian Mbappe, of the La Liga champions are currently not playing for the team after playing UEAFA Euro 2024 for their countries.
The match was paused after the 12 minutes of the game due to a heavy storm. The match resumed almost an hour later, and Barcelona took the lead before halftime with a goal from 22-year-old forward Victor.
Victor, with his clinical performance, doubled his team lead in the 54th minute with another goal.
Meanwhile, Nico Paz scored the only goal for Real Madrid in the eight minutes of the clash.
Moreover, as per FC Barcelona, this was the fourth El Clasico in the United States in recent years. Previously, Barcelona and Real Madrid were head-to-head in the US in Miami (2017), Las Vegas (2022), and Dallas (2023), and Barça has won all the matches against Madrid on American soil.
New Jersey
1 person missing after boat capsizes on N.J. lake
One person is missing after a boat capsized in an Ocean County lake on Saturday, and first responders have called off the search until Sunday morning.
Jackson Township Police received a call at 2:25 p.m. Saturday reporting a boat had capsized on Prospertown Lake and one of its occupants was missing, Police Chief Matthew Kunz said.
Police, emergency responders and the New Jersey Division of Fish and Game arrived to conduct a search. Divers went into the 80-acre lake, but the hours-long effort was suspended due to darkness, Kunz said.
New Jersey
New Jersey man sentenced to 25 years for 6-year-old son’s death
A New Jersey father, who was convicted of manslaughter and child endangerment after his son died after being forced to run on a treadmill, was sentenced to 25 years in prison.
Web Editor : Jelia Hepner
Posted
New Jersey
New Jersey — one of the most expensive states for US homeowners — just mailed out $145M in property tax rebates
New Jersey: Home to boardwalk beaches, Atlantic City casinos, and combative politics. And none of it is cheap. But now some Jersey seniors are catching a break.
The Garden State is infamous for its high property taxes. In fact, it ranked 11th highest among all U.S. states for average cost of living in Q1 2024, according to the Missouri Economic Research and Information Center.
Don’t miss
-
Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in. Here’s how even ordinary investors can become the landlord of Walmart, Whole Foods or Kroger
-
Car insurance premiums in America are through the roof — and only getting worse. But 5 minutes could have you paying as little as $29/month
-
These 5 magic money moves will boost you up America’s net worth ladder in 2024 — and you can complete each step within minutes. Here’s how
But the state is now offering a significant relief program for senior homeowners known as the “Senior Freeze,” a property tax reimbursement program that has sent New Jersey seniors $145 million in a first wave of property tax rebates to eligible recipients.
Don’t live anywhere near the Jersey Shore? Turns out New Jersey isn’t the only state where seniors are getting help with staying in their homes.
New Jersey’s Senior Freeze Program
The state’s program allows eligible homeowners to freeze their property taxes at a certain base year amount. The program reimburses any increases in property taxes paid since the base year, effectively “freezing” the tax rate at a previous level.
To qualify, homeowners must be aged 65 or older on December 31, 2022, or receiving Social Security disability benefits on or before that date; have owned and lived in their home (or mobile home) since December 31, 2019, and still owned it and lived there on December 31, 2023; and meet specific property tax and income limits.
Read more: Car insurance rates have spiked in the US to a stunning $2,150/year — but you can be smarter than that. Here’s how you can save yourself as much as $820 annually in minutes (it’s 100% free)
Other States Offering Property Tax Relief for Seniors
While New Jersey’s Senior Freeze Program has gained attention, several other states offer similar programs. Some notable examples:
California. The Golden State offers the Property Tax Postponement (PTP) program, which allows seniors, blind, and disabled residents to defer current-year property taxes on their principal residences. The deferred taxes become a lien on the property, which must be repaid when the homeowner sells or transfers the home, refinances, or passes away.
Florida. The Sunshine State has a property tax exemption for seniors aged 65 and older. The Senior Citizen Exemption provides additional homestead exemptions for low-income seniors who meet specific criteria. This can significantly reduce the taxable value of the property, resulting in lower property taxes.
Texas. Everything’s bigger in Texas, including the Senior Citizen Homestead Exemption, which provides an additional $10,000 exemption for school district taxes for homeowners aged 65 and older. The state also allows seniors to defer paying property taxes until they sell their home or pass away — a deferral that can provide substantial relief.
New York. The enhanced STAR (School Tax Relief) program provides property tax relief for seniors aged 65 and older with qualifying incomes. New York also offers a Senior Citizens’ Exemption, which provides further reductions based on income criteria.
Surprising Costs
While programs like the ones mentioned above can offer substantial relief, seniors should be aware of some surprising costs associated with property tax relief programs:
Application fees and deadlines. Some programs may require application fees or have strict application deadlines. Missing a deadline or not paying a fee can result in a loss of benefits for that year.
Income limits. Watch out for annually adjusted income limits that could crimp eligibility. Seniors need to stay informed about these changes to ensure they qualify.
Repayment requirements. Certain deferral programs, like those in California and Texas, require repayment of deferred taxes upon sale, transfer, or inheritance of the property. This can be a significant financial consideration for heirs.
Impact on other benefits. Receiving property tax relief may impact eligibility for other state or federal assistance programs. Seniors should check how these benefits interact.
What to read next
This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
-
Mississippi5 days ago
MSU, Mississippi Academy of Sciences host summer symposium, USDA’s Tucker honored with Presidential Award
-
Politics1 week ago
Republicans say Schumer must act on voter proof of citizenship bill if Democrat 'really cares about democracy'
-
World6 days ago
More right wing with fewer women – a new Parliament compendium
-
News1 week ago
Video: Kamala Harris May Bring Out Trump’s Harshest Instincts
-
Politics1 week ago
Trump announces to crowd he 'just took off the last bandage' at faith event after assassination attempt
-
World1 week ago
Israel says Hezbollah crossed ‘red line’, strikes deep inside Lebanon
-
Politics1 week ago
Harris failed to combat ‘root causes’ of illegal immigration, former Border Patrol union chief says
-
Movie Reviews1 week ago
Deadpool & Wolverine Movie Review: Ryan Reynolds brings the house down in this bloody spectacle