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New Jersey Launches $2B ANCHOR Tax Rebates Early

9/16/2025

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Story summary
  • New Jersey's ANCHOR tax rebate payments started on September 15, 2025, two weeks ahead of schedule.
  • Homeowners can receive up to $1,750, while renters may get up to $700, depending on income and residency.
  • Payments will be issued via paper checks or direct deposit within 90 days of application approval.
  • The application deadline is October 31, 2025; paper check applicants must apply by September 15.
  • Nearly 2 million residents are expected to benefit from this $2 billion housing affordability initiative.