Benefit letters for ANCHOR program in New Jersey have been distributed. Here's what you need to know.
New Jersey's ANCHOR Program Kicks Off for 2025: Here's What You Need to Know
The New Jersey ANCHOR program, a tax rebate for eligible renters and homeowners, is gearing up for another year. Here's a rundown of the key dates, eligibility requirements, and application process for the 2025 program.
The application period for this year's ANCHOR program commences in August. If you believe you are eligible for the program but haven't received an ANCHOR benefit letter, don't worry—you can still apply online.
For those aged 65 or older or on Social Security disability payments, the PAS-1 application is the way to go. This application replaces the old method for some applicants and serves as a "one-stop shop" to apply for ANCHOR, "Senior Freeze," and Stay NJ. Applications can be mailed in or filed online.
The deadline to apply for PAS-1 is set for October 31, 2025. It's important to note that millions of New Jersey residents have already received property tax relief through the ANCHOR program since its inception about three years ago.
As for those eligible applicants under 65 or not receiving Social Security Disability benefits, they should receive a letter from the state's Division of Taxation confirming their eligibility by the end of September 2025.
At the moment, there are no publicly available details or announcements regarding specific changes expected for the ANCHOR program registration in New Jersey for the year 2025. However, we will keep you updated as more information becomes available.
In conclusion, the ANCHOR program continues to provide valuable property tax relief to New Jersey residents. If you're eligible, be sure to apply during the August-October window to secure your benefits for 2025. Stay tuned for more updates on potential changes to the program.
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