ANCHOR property tax relief program info

Affordable New Jersey Communities for Homeowners and Renters - (ANCHOR):


The ANCHOR program replaces the Homestead Benefit program and expands the amount of property tax relief while also boosting eligibility to twice as many homeowners, and also includes tenants renting their homes. The NJ Division of Taxation will be emailing ANCHOR program filing information to homeowners who had requested their application be sent through email when they filed their 2018 Homestead Benefit application at the same time the physical mailers are sent out.

The NJ Division of Taxation mailers began arriving to tenants and homeowners in Bergen County, which includes River Edge, on September 16, 2022, and the department has asked that residents not call about a missing mailer until at least two weeks after the expected delivery date for their county.

To be eligible, homeowners must have:

  • Been a New Jersey resident; and
  • Owned and occupied a home in New Jersey that was their principal residence (main home) on October 1, 2019; and
  • Paid the 2019 property taxes on their main home; and
  • Had 2019 New Jersey gross income (NJ-1040 Line 29) of not more than $250,000.

You do not qualify if your residence was completely exempt from paying property taxes or you made P.I.L.O.T. (Payments-in-Lieu-of-Tax) payments. 

To be eligible, tenants must have:

  • Been a New Jersey resident; and
  • Rented and occupied an apartment or residence in New Jersey that was their principal residence (main home) on October 1, 2019; and
  • Lived in a unit with its own separate kitchen and bath facilities (if the building had more than one dwelling unit); and
  • Paid rent on their main home, which was subject to local property taxes; and
  • Had 2019 New Jersey gross income (NJ-1040 Line 29) of not more than $150,000.

You do not quality if you lived in tax-exempt, subsidized or campus housing.

Applicants will choose to receive their benefits either as a check or direct deposit and must file their application by Friday, December 30, 2022.

The online application, eligibility requirements, filing instructions, and paper applications can also be accessed at nj.gov/treasury/taxation/anchor. The automated telephone filing system, which will be available 24 hours a day, seven days a week, during the filing period, can be reached at 1 (877) 658-2972.

Text Telephone Service (TTY/TDD) for hearing-impaired users: 1 (800) 286-6613 or           

(609) 984-7300.

 

To ask questions, please call the ANCHOR hotline at 1 (888) 238-1233.   Hours of operation are Monday through Friday, 8:30AM to 5:30PM.

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