2023 Deduction Detail

172-Morris Morris County

Deductions Allowed in PVS	Local Value	PTAD Value	Assigned Value
Homestead - State-Mandated Homestead Exemption	158,817,508	158,817,508	158,817,508
Homestead - State-Mandated Over-65 or Disabled $10,000	5,514,440	5,514,440	5,514,440
Homestead - 100% Disabled or Unemployable Veterans	3,358,330	3,358,330	3,358,330
Homestead - Disabled Veterans and Surviving Spouse	647,350	647,350	647,350
Homestead - Over-65 or Disabled Freeze Loss	15,018,478	16,629,859	15,018,478
Homestead - 10% Appraisal Cap Loss	24,608,402	25,195,456	24,608,402
Freeport	0	0	0
Pollution Control	183,000	183,000	183,000
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement	0	0	0
Tax Increment Financing	0	0	0
Low Income Housing, Counties Under 1.8 Million Pop	0	0	0
Solar and Wind-Powered	0	0	0
Deferred Taxes	1,171,209	1,171,209	1,171,209
Prorations	0	0	0
Home Donated by Charity to Disabled Veterans	0	0	0
Disaster Reappraisal Market Value Adjustment	0	0	0
Homestead - Surviving Spouse 100% Disabled	0	0	0
Homestead - Surviving Spouse Service Member KIA	0	0	0
Homestead - Surviving Spouse First Responder LOD	0	0	0
Loss to Special Valuation	0	0	0
Bullion Depository	0	0	0
Personal Property In Transit	0	0	0

Deductions Allowed in PVS	Local Value	PTAD Value	Assigned Value
Homestead - State-Mandated Homestead Exemption	4,867,261	4,867,261	4,867,261
Homestead - State-Mandated Over-65 or Disabled $10,000	184,870	184,870	184,870
Homestead - 100% Disabled or Unemployable Veterans	162,360	162,360	162,360
Homestead - Disabled Veterans and Surviving Spouse	25,000	25,000	25,000
Homestead - Over-65 or Disabled Freeze Loss	91,834	91,834	91,834
Homestead - 10% Appraisal Cap Loss	3,000,040	3,000,040	3,000,040
Freeport	0	0	0
Pollution Control	68,160,290	68,160,290	68,160,290
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement	0	0	0
Tax Increment Financing	0	0	0
Low Income Housing, Counties Under 1.8 Million Pop	0	0	0
Solar and Wind-Powered	0	0	0
Deferred Taxes	0	0	0
Prorations	0	0	0
Home Donated by Charity to Disabled Veterans	0	0	0
Disaster Reappraisal Market Value Adjustment	0	0	0
Homestead - Surviving Spouse 100% Disabled	0	0	0
Homestead - Surviving Spouse Service Member KIA	0	0	0
Homestead - Surviving Spouse First Responder LOD	0	0	0
Loss to Special Valuation	0	0	0
Bullion Depository	0	0	0
Personal Property In Transit	0	0	0

Deductions Allowed in PVS	Local Value	PTAD Value	Assigned Value
Homestead - State-Mandated Homestead Exemption	163,684,769	163,684,769	163,684,769
Homestead - State-Mandated Over-65 or Disabled $10,000	5,699,310	5,699,310	5,699,310
Homestead - 100% Disabled or Unemployable Veterans	3,520,690	3,520,690	3,520,690
Homestead - Disabled Veterans and Surviving Spouse	672,350	672,350	672,350
Homestead - Over-65 or Disabled Freeze Loss	15,110,312	16,721,693	15,110,312
Homestead - 10% Appraisal Cap Loss	27,608,442	28,195,496	27,608,442
Freeport	0	0	0
Pollution Control	68,343,290	68,343,290	68,343,290
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement	0	0	0
Tax Increment Financing	0	0	0
Low Income Housing, Counties Under 1.8 Million Pop	0	0	0
Solar and Wind-Powered	0	0	0
Deferred Taxes	1,171,209	1,171,209	1,171,209
Prorations	0	0	0
Home Donated by Charity to Disabled Veterans	0	0	0
Disaster Reappraisal Market Value Adjustment	0	0	0
Homestead - Surviving Spouse 100% Disabled	0	0	0
Homestead - Surviving Spouse Service Member KIA	0	0	0
Homestead - Surviving Spouse First Responder LOD	0	0	0
Loss to Special Valuation	0	0	0
Bullion Depository	0	0	0
Personal Property In Transit	0	0	0
Total Deductions Allowed in PVS	285,810,372	288,008,807	285,810,372