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Official Site of The State of New Jersey

Governor Phil Murphy • Lt. Governor Tahesha Way

ANCHOR – Affordable NJ Communities for Homeowners & Renters

The Affordable New Jersey Communities for Homeowners and Renters (ANCHOR) property tax relief program launched in 2022 to update and expand upon the former Homestead Benefit. Homeowners and renters who meet income and residency requirements are eligible for property tax relief payments ranging from $450 to $1,500, with seniors eligible for an additional $250. This season’s program covers Tax Year 2021.

Last season's program made history as the State of New Jersey's single largest property tax relief initiative, with over $2.1 billion in benefits distributed to more than 1.8 million homeowners and renters. As the program continues to grow in popularity, we encourage stakeholders to use the resources below to help New Jerseyans apply for and receive the crucial property tax relief available through ANCHOR.

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Wondering when you’ll receive your ANCHOR benefit? Check out the timeline for the current season covering Tax Year 2021.

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If you are one of 1.5 million New Jerseyans who received an ANCHOR Benefit Confirmation Letter, no further action is needed from you to receive your payment for this season if your personal information has not changed.

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Need ANCHOR assistance? We’re here to help. Connect with the Division of Taxation virtually or in-person.

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ANCHOR benefits are distributed within 90 days of applying in most cases. Want to check the status of your benefit? Visit anchor.nj.gov.

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Did you receive an ANCHOR Benefit Confirmation Letter, or an Application Mailer? Learn the difference between the two, and what steps – if any – are needed for you to get property tax relief.

Flyers - Spanish

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Last Updated: Wednesday, 09/04/24