Printable form can be found at Claim for Property Tax Exemption of Veteran or Surviving Spouse (state.nj. Us) or pick up from the Tax Assessor's office.The exemption takes the form of a credit on property tax bills. It is NOT in the form of a rebate check. Advantage of Homestead Exemptions. One of the easiest ways a homeowner can lower his or her property tax bill is to file a homestead exemption. In 1970, Ohio voters approved a constitutional amendment permitting a Homestead Exemption that reduced property taxes for lower income senior citizens. Please mail tax payments to: Township of Franklin Tax and Water Collection PO Box 5059. The homestead application is normally filed at the same time the initial tax return for the homestead property is filed. There are three different property tax exemptions available to veterans who have served in the US Armed Forces.