ANCHOR Tax Rebates Start Rolling Out In NJ: See When You’ll Get Yours

ANCHOR tax relief checks start rolling out this week, and eligible residents can expect to receive their rebates soon. Thanks to a smoother filing and validation system, ANCHOR rebates are being sent out more than two weeks earlier than originally anticipated.

ANCHOR payments began being sent out on a rolling basis on Monday. According to the NJ Division of Taxation, applicants can expect their rebates around 90 days after their applications were filed.

Most eligible residents had their ANCHOR applications auto-filed by the state. A letter was sent to eligible residents in August to confirm their auto-file application.

Eligible homeowners can expect to receive $1,500, with renters receiving $450. Senior homeowners can receive up to $1,750, and senior renters can receive up to $700, depending on their income.

Those who filed their ANCHOR applications by paper will receive a physical check in the mail. Those who filed online had the option to receive their rebate in the form of a physical check or direct deposit.

Monday also marks the deadline for ANCHOR applicants who need to update their banking or address information. However, residents still have time to file a new application.

The deadline to file an ANCHOR application is Oct. 31. Applications can be filed online here.

Residents who are submitting their own application must provide their Social Security Number or Individual Taxpayer Identification Number and their birth year. The same information is required from the applicant’s spouse/partner, if applicable.

Applicants should also prepare their 2024 property tax details, including their County/Municipality Code, Block/Lot/Qualifier, and tax amounts, as well as the gross income reported on their 2024 NJ-1040.

See ANCHOR eligibility requirements below:

Homeowners are eligible if:

• You were a New Jersey resident, and
• You owned and occupied a home in New Jersey that was your principal residence (main home) on Oct. 1, 2024; and
• Your home was subject to property taxes, and
• Your 2024 New Jersey gross income was not more than $250,000.

Renters are eligible if:

• You were a New Jersey resident
• You rented and occupied a residence in New Jersey that was your principal residence (main home) on Oct. 1, 2024
• Your name was on the lease or rental agreement
• You paid rent
• The rental property was subject to local property taxes
• Your 2024 New Jersey gross income was not more than $150,000.

You can also check your tax relief eligibility online here.

Those who need in-person assistance with tax relief programs like ANCHOR, NJ Stay, or Senior Freeze can attend one of the Division of Taxation’s Property Tax Relief Public Events.

These free events are being held from now until the end of October, all across the state. Click here to find an event close to you.

Related Coverage:

• ANCHOR, Senior Freeze Property Tax Filing Events Planned In NJ
• NJ ANCHOR Tax Rebate Letters Arrive: Here's What's Next
• NJ ANCHOR Tax Rebate Filing Deadline Approaches
• ANCHOR Tax Rebate Update: Check Your Mailbox For Eligibility
• Big Changes To NJ ANCHOR Tax Rebate Start This Week: What To Know