Finance
The NJ Veterans' Exemption from property taxes provides:
AFull exemption from all property taxes for all veterans
BA $250 annual property tax deduction for qualifying veterans (and $250 for surviving spouses)✓ Correct
CA 50% reduction in assessed value
DNo state-level benefit
Explanation
New Jersey provides a $250 annual property tax deduction for qualifying veterans (honorably discharged service during wartime or peacetime per NJ statute) and a $250 deduction for their surviving spouses who maintain the home.
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