How NJ’s ANCHOR Program Offers Property Tax Relief for Homeowners and Renters
According to APP., the ANCHOR program in New Jersey helps people save money on property taxes. To get this help, you need to live in New Jersey, either as a homeowner or renter and meet certain income limits.
The amount of money you can receive depends on your income and whether you own or rent your home. Renters usually get a fixed amount, while homeowners get an amount based on their income.
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$500 Million in Property Tax Relief: How to Apply for the ANCHOR Program in New Jersey (PHOTO: NJ Spotlight News)
Easy Steps to Apply for New Jersey’s ANCHOR Program Property Tax Relief
To apply, you can do it online through the NJ Division of Taxation website or by mailing a paper form. If you got the benefit last year and nothing has changed, your application might be automatically renewed. If you have any questions, you can call the ANCHOR Program Hotline for help.
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