2024 Deduction Detail

172-Morris Morris County

Deductions Allowed in PVS	Local Value	PTAD Value	Assigned Value
Homestead - State-Mandated Homestead Exemption	167,602,568	167,602,568	167,602,568
Homestead - State-Mandated Over-65 or Disabled $10,000	5,953,550	5,953,550	5,953,550
Homestead - 100% Disabled or Unemployable Veterans	4,323,750	4,323,750	4,323,750
Homestead - Disabled Veterans and Surviving Spouse	646,020	646,020	646,020
Homestead - Over-65 or Disabled Freeze Loss	27,929,317	27,929,317	27,929,317
Homestead - 10% Appraisal Cap Loss	16,930,912	16,930,912	16,930,912
Freeport	0	0	0
Pollution Control	181,830	181,830	181,830
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	43,993	43,993	43,993
Prorations	43,750	43,750	43,750
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
Medical or Biomedical	0	0	0
Loss to Non-Homestead Cap	5,899,278	5,899,278	5,899,278
JETI Agreements	0	0	0

Deductions Allowed in PVS	Local Value	PTAD Value	Assigned Value
Homestead - State-Mandated Homestead Exemption	5,383,076	5,383,076	5,383,076
Homestead - State-Mandated Over-65 or Disabled $10,000	226,481	226,481	226,481
Homestead - 100% Disabled or Unemployable Veterans	188,596	188,596	188,596
Homestead - Disabled Veterans and Surviving Spouse	32,031	32,031	32,031
Homestead - Over-65 or Disabled Freeze Loss	0	0	0
Homestead - 10% Appraisal Cap Loss	2,447,256	2,447,256	2,447,256
Freeport	0	0	0
Pollution Control	62,354,050	62,354,050	62,354,050
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
Medical or Biomedical	0	0	0
Loss to Non-Homestead Cap	66,682	66,682	66,682
JETI Agreements	0	0	0

Deductions Allowed in PVS	Local Value	PTAD Value	Assigned Value
Homestead - State-Mandated Homestead Exemption	172,985,644	172,985,644	172,985,644
Homestead - State-Mandated Over-65 or Disabled $10,000	6,180,031	6,180,031	6,180,031
Homestead - 100% Disabled or Unemployable Veterans	4,512,346	4,512,346	4,512,346
Homestead - Disabled Veterans and Surviving Spouse	678,051	678,051	678,051
Homestead - Over-65 or Disabled Freeze Loss	27,929,317	27,929,317	27,929,317
Homestead - 10% Appraisal Cap Loss	19,378,168	19,378,168	19,378,168
Freeport	0	0	0
Pollution Control	62,535,880	62,535,880	62,535,880
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	43,993	43,993	43,993
Prorations	43,750	43,750	43,750
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
Medical or Biomedical	0	0	0
Loss to Non-Homestead Cap	5,965,960	5,965,960	5,965,960
JETI Agreements	0	0	0
Total Deductions Allowed in PVS	300,253,140	300,253,140	300,253,140