The meaning of ANCHOR is a device usually of metal attached to a ship or boat by a cable and cast overboard to hold it in a particular place by means of a fluke that digs into the bottom.
Whether you rented or owned your residence in New Jersey as your main home on Oct. 1, 2021, you may be eligible for the ANCHOR benefit. Eligibility is determined by specific income limits and other criteria.
The ANCHOR program provides property tax relief to New Jersey residents who own or rent their principal home and meet income limits. Benefits for Tax Year 2024 are based on residency, income, and age.
New Jersey homeowners and renters will soon receive either first-time or renewal applications for the Communities for Homeowners and Renters — ANCHOR — program, established to provide relief ...
Residents can check their ANCHOR benefit status at nj.gov/treasury/taxation. Benefits range from $450 to $1,750 for renters or homeowners, depending on their income levels. For help, visit anchor.nj.gov, call 609-826-4282 or 1-888-238-1233. A new callback option is available to reduce wait times.
