Did Receive an ANCHOR Application?

It is hard to believe that summer is almost over, but that means it is ANCHOR season! 

The ANCHOR Homeowner Benefit is a property tax reimbursement from the State of New Jersey. 

Here is how the program works: 

• Homeowners 65 or older by December 31, 2021, making less than $250,000 are eligible for up to a $1,750 reimbursement. 

• Homeowners under the age of 65 in 2021, making less than $250,000 are eligible for up to a $1,500 reimbursement.

• Renters 65 or older by December 31, 2021, making less than $150,000 are eligible for up to a $700 reimbursement. 

• Renters under the age of 65 in 2021, making less than $150,000 are eligible for up to a  $450 reimbursement. 

Recently, the Department of Treasury began mailing applications and confirmation letters to residents. If you received a confirmation letter and your banking information or mailing address has not changed from last year, no further action is needed. If information needs to be updated, you will need to make those changes no later than September 15th. If you receive an application in the mail, the filing deadline is November 30th.

If you do not receive a confirmation letter or application by Labor Day, you can contact our office for assistance. Reimbursements will begin going out on or around November 1, 2024.

Should you or someone you know have any questions or need assistance filing your ANCHOR application, please contact our office at 856-232-6700 or 856-401-3073.