ACR25 — Proposes constitutional amendment to limit assessment of homestead real property, and allow exemption on up to $50,000 of home's value.

ACR25 — Proposes constitutional amendment to limit assessment of homestead real property, and allow exemption on up to $50,000 of home's value. · Informed CitizenryThis concurrent resolution proposes a constitutional amendment to New Jersey to limit the annual assessment increases of homestead real property (a person's principal residence) and provide propert…Open in Informed Citizenry