NJ Division of Taxation - ANCHOR Program

Affordable New Jersey Communities for Homeowners and Renters (ANCHOR)

This program offers property tax relief to New Jersey residents who own or rent property in New Jersey as their main home and meet certain income limits. This year's ANCHOR benefit is based on residency, income, and age from 2024.

Senior/Social Security Disability Recipient Homeowners/Renters

Applicants will submit a single application to claim benefits from Senior Freeze (Property Tax Reimbursement), ANCHOR, and the new Stay NJ Program.

See Property Tax Relief for more details on the new combined application.

All Other Homeowners and Renters - Coming Summer 2025

Eligible New Jersey homeowners and renters under 65 and not collecting Social Security disability benefits may have their applications automatically filed when online filing becomes available in the summer. If you do not receive an Auto-File Confirmation Letter, you will have the opportunity to file an Application for Property Tax Relief on your own.

Eligibility requirements, including income limits, and benefits available for all Property Tax Relief programs are subject to change by the State Budget.

ANCHOR Homeowner Eligibility Requirements

You are eligible if:

You were a New Jersey resident; and
You owned and occupied a home in New Jersey that was your principal residence (main home) on October 1, 2024; and
Your home was subject to property taxes; and
Your 2024 New Jersey gross income was not more than $250,000.

ANCHOR Renter Eligibility Requirements

You are eligible if:

You were a New Jersey resident; and
You rented and occupied a residence in New Jersey that was your principal residence (main home) on October 1, 2024; and
Your name was on the lease or rental agreement; and
You paid rent; and
The rental property was subject to local property taxes, (see Qualified and Non-Qualified Rental Properties); and
Your 2024 New Jersey gross income was not more than $150,000.