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Posted on: September 16, 2022

ANCHOR PROGRAM -- NEW STATE PROGRAM FOR HOMEOWNERS & RENTERS

Affordable New Jersey Communities for Homeowners and Renters (ANCHOR)


The ANCHOR Program replaces the Homestead Rebate program. 

This program provides property tax relief to New Jersey residents who owned or rented their principal residence (main home) on October 1, 2019, and met the income limits.

Those who qualify based on their 2019 reported income will receive information mailers directly from the State of New Jersey within the next several weeks.

Homeowners

You are eligible if you met these requirements:

  • 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, 2019; and
  • 2019 property taxes were paid on that home; and
  • Your 2019 New Jersey gross income was $250,000 or less.

Tenants

 You are considered a tenant if, on October 1, 2019, you:

  • Rented an apartment, condominium, or house;
  • Rented or owned a mobile home located in a mobile home park.

Please see the the link for additional information below for further clarification.

Additional Info...
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