New Jersey S3545 allows homeowners to claim a tax credit for rehabilitating historic properties.

The "Homeowners' Historic Property Reinvestment Act" allows homeowners to claim a credit against gross income tax for certain costs of rehabilitating historic properties. Homeowners can claim a credit equal to 25 percent of the rehabilitation cost, up to $25,000 per property over ten years. To qualify, the property must be located in New Jersey and meet specific criteria, such as being individually listed or located in a district listed on the National Register of Historic Places. The credit is capped at $15 million cumulatively.

New Jersey S3545 allows homeowners to claim a tax credit for rehabilitating historic properties.

The "Homeowners' Historic Property Reinvestment Act" allows homeowners to claim a credit against gross income tax for certain costs of rehabilitating historic properties. Homeowners can claim a credit equal to 25 percent of the rehabilitation cost, up to $25,000 per property over ten years. To qualify, the property must be located in New Jersey and meet specific criteria, such as being individually listed or located in a district listed on the National Register of Historic Places. The credit is capped at $15 million cumulatively.