NJ ANCHOR Program 2025: Eligibility, Payout Amount and Application Process!

Nick

NJ ANCHOR Program 2025: Eligibility, Payout Amount and Application Process!
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The Affordable New Jersey Communities for Homeowners and Renters is a property-tax relief program for both renters and homeowners whose main residence is in NJ. By applying for this program as a renter or homeowner, you can get a rebate. Here, we have discussed the eligibility, rebate, application, and more.

The NJ ANCHOR Program is designed to help the eligible New Jersey resident with their property tax for homeowners and rent for tenants. By applying for this program, a homeowner can get up to $1,750, and tenants can receive a maximum payout of $700. Note that the deadline to apply for this program is October 31, 2025.

The NJ Division of Taxation has already started sending out payouts from September 15, 2025, for the individuals who applied earlier. Payments are being sent out via an opted payment gateway; many are getting the payout direct deposit, and a few are receiving it through the paper check.ย 

Who is eligible for the NJ ANCHOR Program 2025?

To apply for the NJ ANCHOR program and get a payout, it is mandatory that you meet the eligibility criteria. The requirements for the homeowners and renters are available below. 

Homeowners:

  • You must own a home in New Jersey.
  • You must have occupied the home as your principal residence as of October 1, 2024.
  • Your home must be subject to local property taxes.
  • Your gross income in 2024 must be $250,000 or less.

Renters:

  • You must rent a residence in New Jersey and have occupied the residence as your principal home as of October 1, 2024.
  • Your name must appear on the lease or rental agreement, and the property you have leased or rented must be subject to local property taxes.
  • Your gross income in 2024 must be $150,000 or less.

Additionally, it is mandatory that you have US citizenship and reside in New Jersey, whether you are a homeowner or a renter.

Program Overview 

Program NameNJ ANCHOR (Affordable NJ Communities for Homeowners and Renters)
PurposeProperty tax relief for homeowners and rent help for renters
Application DeadlineOctober 31, 2025
Payment StartedSeptember 15, 2025
Payment MethodDirect deposit or paper check
Homeowner Income Limit$250,000 (2024 gross income)
Renter Income Limit$150,000 (2024 gross income)
Maximum Homeowner Payout$1,750 (includes $250 senior bonus)
Maximum Renter Payout$700 (includes $250 senior bonus)
EligibilityMust live in NJ, be US citizen, and occupy home/rental as main residence

How much can I get by applying for the NJ ANCHOR Program?

The amounts received under the NJ ANCHOR Program for homeowners and renters vary from one another. The age and income limit are the key factors that decide how much you can get. Scroll to check how much you can get under this program.

  • If you are a homeowner with income equal to or below $150,000, you will get the payout of $1,500; and if your income is between $150,001 and $250,000, you are going to get only $1,000.
  • As a renter, you will get the payment of $450 only if your income is equal to or below $150,000. There is no payout amount for the renters who have income above this amount.

Note that senior citizens, i.e., those who have turned at least 65 years or older, will get an additional $250. It means the maximum you can get as a homeowner is $1750, and as a renter, it is $70 by applying for the NJ ANCHOR program.

How to apply online for the NJ Anchor Program 2025?

The complete instructions to apply online for the NJ ANCHOR program in 2025 are available below for your convenience.

  • Go to the official website of New Jersey by visiting NJ.gov/.
  • Jump to the ANCHOR Program section, and tap on the โ€˜Learn Moreโ€™ button.
  • Find and click on the option of โ€˜File Onlineโ€™ to go to the next page.
  • Now, you need to click on โ€˜File Property Tax Relief Application (PAS-1 or ANC-1)โ€™ and go to the new page.
  • Go through the Eligibility, Verify, Personal, Age or Disability, Residency Info, Signature, and Review, and then submit the application.

After applying for the NJ ANCHOR program, make sure you take a printout of the application form for further reference.

What after applying for the NJ ANCHOR program?

After applying for the NJ ANCHOR program, you can check its status to check that your application is processed or not. Note that payment under this program is usually received within 90 days. If you opted for direct deposit, you will get the payment faster, and in the case of a paper check, you may face a delay.

Disclaimer: NJ ANCHOR Program information is for general awareness. Eligibility and payment details are determined by official state authorities.

By

Nick

Nick is a finance and policy writer covering stimulus programs, settlements, and government aid updates. He focuses on delivering clear, accurate, and timely information to help readers understand important financial and government news.

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