August 15, 2024
On August 13, 2024, the New Jersey Department of the Treasury announced that next week, the Division of Taxation will begin mailing letters to about 1.5 million New Jerseyans to confirm their automatic eligibility for this season's Affordable New Jersey Communities for Homeowners and Renters (ANCHOR) property tax relief benefit.
The Division of Taxation will file applications automatically on behalf of most homeowners and renters who previously received an ANCHOR benefit. Beginning on August 19, 2024, the Division of Taxation will mail ANCHOR Benefit confirmation letters to approximately 1.5 million taxpayers to notify them that their applications will be filed automatically. If the personal information listed in those letters has changed since the last ANCHOR payment, those individuals will need to file new applications by September 14, 2024, by visiting anchor.nj.gov.
With the goal of reaching eligible homeowners and renters who have not previously applied for ANCHOR benefits, the Division of Taxation will send ANCHOR applications with information on how to apply for the program to more than 2 million residences beginning August 26, 2024.
New Jersey Chief Innovation Officer Dave Cole was quoted in a New Jersey Department of the Treasury news release saying, "By working directly with dozens of taxpayers to better understand their experience, we've been able to identify ways to improve the ANCHOR application process and make significant changes so residents can smoothly and easily get property tax relief . . . The Office of Innovation has been proud to partner with the Treasurer and her team to help ensure New Jersey remains affordable for homeowners and renters, while also making State operations more efficient."
Click here for more information on this season's ANCHOR benefits.
