Are you a resident of NJ? You may be eligible for a payout from the NJ Anchor Program 2025. If you are unaware of this you need to know that it is a property tax relief program under which eligible individuals get rebates to offset the cost of property taxes.
Here, we have shared everything you need to know about the NJ Anchor Program 2025. Read this article thoroughly to check who is eligible to get benefits, what one is required to do to get the payment, when to expect the payout and much more.
NJ Anchor Program 2025
The Affordable New Jersey Communities for Homeowners and Renters program is an initiative to help the NJ residents financially. If you are eligible and haven’t yet submitted the application, note that the deadline to do so is October 31, 2025, you can apply via https://nj.gov/.
Note that the payment for the individuals who received a pre-filled notice or confirmation letter has already received their payment on September 15, 2025 and after that. And those who recently filed it will get it in the next few days through the payment method they have chosen.
Who is eligible for this program?
To get the benefit of the NJ ANCHOR program, it is mandatory that you meet the eligibility requirements set by authorities.
As an homeowner:
- You must have owned and live in home in NJ on October 1, 2024,
- You must have paid property tax on that home, and
- Your gross income for the 2024 return shouldn’t exceed $250,000.
As a renter:
- You must have rented and occupied a residence in NJ on October 1, 2024,
- Your name must be available lease or rental agreement and you must have paid the rent the property, and
- Your adjusted income for 2024 must not exceed $150,000.
How to get the benefit?
To get the NJ Anchor Program 2025 benefit, one who hasn’t received a pre-filled notice or confirmation letter from the NJ Division of Taxation, is required to fill in the application. Note that seniors and social security disability recipients can use form PAS-1.
How much can I get?
The payout amount received under the NJ Anchor Program 2025 differs from one another for homeowners and renters, go through the table below to check what you can get.
| Category | Income Limit | Benefit |
| Homeowner | ≤ $150,000 | $1,500 |
| $150,001 – $250,000 | $1,000 | |
| Tenant | ≤ $150,000 | $450 |
If you meet the above income limit and you are above 65 years old, you will get an additional $250 under the NJ Anchor Program 2025.
Note that if you are above 65 years old as a homeowner with income equal to or above $150,000, you will get a payout of $1,750, and if your income is between $150,001 and $250,000, you will get the payment of $1,025. As a tenant with an income limit equal to or above $150,000, you will get a payout of $700.
When to expect that payment?
The payout under the NJ Anchor Program 2025 is received within 90 days after the application submission. If you have filed it online, you will get the direct deposit, and whoever filed on paper will receive the paper check.
Note that the direct deposit is going to be received within 72 hours, and the paper check will be received within a week. Ensure that the mailing address and banking details are accurate, because errors may result in delays.
How to submit a claim?
To submit a claim form for the NJ Anchor Program 2025, you have to go through the step-by-step instructions available below.
- Go to the official website of New Jersey at https://www.nj.gov/.
- Click on the ‘Division of Taxation Business Resources’ option.
- Now, you will see an option that reads ‘NJ Anchor Program 2025.’ Hit on it and get redirected to the next page.
- Access the application, provide all required details, use the payment option, and hit the submit button.
Disclaimer: NJ Anchor Program 2025 payment information is for awareness only. Eligibility and amounts are determined by official state authorities.