New Property Tax Benefit for NJ Resident | Claim It!

Affordable New Jersey Communities for Homeowners and Renters (ANCHOR) 

The state of New Jersey is offering a new property tax relief program that is replacing the previous Homestead Benefit program. The Affordable New Jersey Communities for Homeowners and Renters (ANCHOR) program will benefit a large number of homeowners and includes tenants. 

1.1         Eligible Homeowner 

• Taxpayer owned and occupied a home in New Jersey that was your principal residence (main home) on October 1, 2019; and 
• 2019 property taxes were paid on that home: and 
• Taxpayer 2019 New Jersey Gross Income was $250,000 or less. 

1.2        Eligible Tenants 

• As on October 1, 2019 
• Rented an apartment, condominium, or house. 
• Rented or owned a mobile home located in a mobile home park. 

1.3        Eligible benefit (Homeowners) 

• $1,500 for taxpayers with 2019 gross incomes up to $150,000 
• $1,000 for those with 2019 gross income above $150,001 but no higher than $250,000.  

1.4       Eligible benefit (Tenants)  

• $450 for those with 2019 gross income up to $150,000 

The taxpayer can file this benefit once the taxpayer receives filing information (PIN and ID from the state). 

Following is the updated mailing schedule for the ANCHOR program. Check your mailbox and make sure this information gets to you. 

 

County	Mailing Expected to Begin	Email Delivery Expected to Begin
Burlington, Hunterdon, and Mercer	September 12, 2022	September 13, 2022
Atlantic and Essex	September 14, 2022	September 13, 2022
Bergen and Warren	September 16, 2022	September 16, 2022
Ocean, Salem, and Sussex	September 19, 2022	September 20, 2022
Cumberland, Gloucester, and Hudson	September 21, 2022	September 20, 2022
Monmouth and Somerset	September 23, 2022	September 23, 2022
Passaic and Union	September 26, 2022	September 27, 2022
Cape May and Middlesex	September 28, 2022	September 27, 2022
Camden and Morris	September 30, 2022	September 29, 2022

 

Applications will be available this fall, and the deadline for submission is Dec. 30, 2022. The benefit will be paid no later than May 2023. 

Let us know if you need any help to claim this benefit. Call us on 908-300-9193 and email us at services@surefintaxsvs.com