The STAR exemption is available on owner-occupied, primary residences that are 1, 2 or 3-family homes, including farm dwellings, condominiums, cooperative apartments and mobile homes. There are two exemption types. The Basic STAR and the Enhanced STAR.
The Basic STAR exemption is available to all resident homeowners. Eligible taxpayers must submit an application to their local assessor in order to receive a STAR exemption.
To receive the Enhanced exemption, applicants must be 65 or older and have incomes that do not exceed $79,050.
The application period for both STAR exemptions is Nov. 1 through March 1.
Because of the income requirement, recipients of the Enhanced STAR exemption will have to apply each year. People eligible for the Basic STAR exemption will only have to apply once.
