$500M+ In ANCHOR Sent To NJ, More Payments Coming

Hundreds of thousands of New Jerseyans have received their ANCHOR payment in the first batch of checks and deposits, totaling several hundred million dollars so far.

On Sept. 15, ANCHOR payments began being sent out on a rolling basis. So far, nearly 400,000 renters and homeowners have received more than $520 million, with more to come to others.

Applications are still being accepted until Nov. 2. With payments usually not being sent out until 90 days after applications are filed, some residents may not see their slice of the pie until 2027.

Other residents can expect to receive less money in their ANCHOR payments this year. Since the new budget was passed in July, senior homeowners will no longer receive the $250 bonus they may have gotten in the past.

With roughly $2 billion set aside for ANCHOR payments, New Jerseyans can still expect to see around $1.5 billion in 2025 relief payments.

Can I Still Apply?

The ANCHOR program, or the Affordable New Jersey Communities for Homeowners and Renters program, offers tax relief for owners and renters in New Jersey, and this year’s relief is based on residents’ 2025 income, age, and residency.

Most eligible residents will have their application re-filed automatically for them. Those new to the program and people 65+ years old who collect Social Security disability benefits need to file an ANCHOR application on their own.

The PAS-1 combined application has been available to fill out for eligible people 65 years and older. The application allows people to claim benefits from ANCHOR, Senior Freeze, and the Stay NJ Program (see more on those last two later), all at once, even if they aren't eligible for all of the programs.

Applicants should prepare their 2025 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 when applying.

To file your ANCHOR application yourself, click here. The deadline to file is Nov. 2.

See ANCHOR eligibility requirements below:

• Homeowners are eligible if:

1. You were a New Jersey resident in 2025
2. You owned and occupied a home in New Jersey that was your principal residence (main home) on Oct. 1, 2025; and
3. Your home was subject to property taxes, and
4. Your 2025 New Jersey gross income was not more than $250,000.

• Renters are eligible if:

1. You were a New Jersey resident in 2025
2. You rented and occupied a residence in New Jersey that was your principal residence (main home) on Oct. 1, 2025
3. Your name was on the lease or rental agreement
4. You paid rent
5. The rental property was subject to local property taxes
6. Your 2025 New Jersey gross income was not more than $150,000.

Those who have their ANCHOR application re-filed automatically by the state should have already received their ANCHOR confirmation letter in the mail.

The rebate amounts will be the same as last year’s: $450 for renters to $1,500 for homeowners. Senior homeowners can receive up to $1,750, and senior renters can receive up to $700, depending on income.

Those who file by paper will only be able to receive their funds by paper check. Online filers will have the option to receive a check or to use direct deposit.

Residents can check their ANCHOR benefit status online here.