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New Jersey's ANCHOR Program Offers Property Tax Relief

9/19/2025

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Summary

Story summary

New Jersey residents can apply for the ANCHOR property tax relief program until October 31, 2025.
Homeowners may receive up to $1,750 for seniors and $1,650 for those under 65.
Renters can get up to $700 for seniors and $450 for those under 65, depending on income and residency.
Payments started on September 15, 2025, with most applicants receiving funds within 90 days.
Eligibility requires income limits of $250,000 for homeowners and $150,000 for renters.

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Story summary

New Jersey residents can apply for the ANCHOR property tax relief program until October 31, 2025.
Homeowners may receive up to $1,750 for seniors and $1,650 for those under 65.
Renters can get up to $700 for seniors and $450 for those under 65, depending on income and residency.
Payments started on September 15, 2025, with most applicants receiving funds within 90 days.
Eligibility requires income limits of $250,000 for homeowners and $150,000 for renters.