Hundreds of thousands of New Jerseyans who rent their homes are eligible for $450 in property tax relief under the ANCHOR Program.
Tenants and renters who were previously ineligible because their unit was covered by a PILOT agreement can now apply for the ANCHOR benefit.
Eligible applicants will receive a $450 payment this spring.
To be eligible for this year’s benefit, you must have occupied your primary residence on October 1st, 2019. You must also file (or be exempt from) NJ income taxes. The deadline for filing has been extended to February 28th, 2023.