City of New Brunswick, NJ

08/26/2024 | Press release | Distributed by Public on 08/26/2024 17:09

ANCHOR Property Tax Relief Notices Are Coming; Note Sept. 15 Deadline

NEW BRUNSWICK, NJ (August 26, 2024) - Homeowners and renters in New Brunswick should be on the lookout for a letter from the state alerting them that they will get an automatic payment from the state's ANCHOR property tax relief program this fall.

Those receiving the letter will not have to do anything to get their money, according to the New Jersey Department of Treasury. The state Division of Taxation will file their applications automatically. The state will start sending checks out automatically in the fall.

Residents who have moved addresses, changed their name, or gotten a new bank account since their last successful application will have to file a new application by Sept. 15 at anchor.nj.gov.

With the goal to reach eligible homeowners and renters who have not previously applied, the state will start sending ANCHOR Application Mailers with information on how to apply for the program to more than 2 million residences beginning Aug. 26.

This year's ANCHOR program, which stands for Affordable New Jersey Communities for Homeowners and Renters, is now in its third year. This is an inclusive program for those in all stages of life, from young people renting their first apartment, to retirees living in the place they've called home for decades.

Information about the program is available here. Applicants may also call the ANCHOR hotline (609) 826-4282 or 1-888-238-1233.