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New Jersey Begins Rolling Out 2025 ANCHOR Property‑Tax Rebates

Most applicants should receive payments within about 90 days of filing, with new applications accepted through Oct. 31.

Overview

  • Payments began Sept. 15 on a rolling basis to eligible homeowners and renters, according to the New Jersey Division of Taxation.
  • The Sept. 15 cutoff to request a paper check or update bank details for those who received eligibility letters has passed.
  • Eligibility is based on 2024 criteria, including New Jersey residency, use of the home as a primary residence on Oct. 1, 2024, and income caps of $250,000 for homeowners and $150,000 for renters.
  • Benefit amounts vary by age, income and status, with examples including up to $1,750 for senior homeowners, $700 for senior renters and $450 for renters under 65, and payments cannot exceed property taxes paid on the primary residence.
  • Most residents were auto‑filed and notified by letter in August; paper filers receive mailed checks, online filers can choose direct deposit, and the state estimates roughly three months from filing to receipt.