The 2024 ANCHOR program is open now!

The ANCHOR program is the largest property tax relief PROGRAM in New Jersey history

The ANCHOR program, signed into law on June 30, 2022, will provide $2 billion in property tax relief for homeowners and rebates for renters.

Homeowners with household incomes below $150,000 will receive a $1,500 property tax rebate, and  homeowners with a household income between $150,000 and $250,000 will receive a $1,000 rebate.

More than 900,000 renters with household incomes below $150,000 will receive a $450 check from the State.

You may also qualify for other property tax relief benefits. For a full list please visit this link.

Senior Freeze (Property Tax Reimbursement)

The Senior Freeze Program reimburses eligible senior citizens and disabled persons for property tax increases on their principal residence (main home).  NJ residents who owned and occupied a home in NJ that was their principal residence on October 1, 2017 may be eligible to qualify for this program—provided property taxes were paid and income limits are met. Call the NJ Senior Freeze Hotline 1-800-882-6597 for further assistance. You may also visit

Deductions, Exemptions, and Abatements

The State of New Jersey offers several property tax deductions, exemptions and abatements. These programs are managed by your local municipality. Click on the below links to learn more about what deductions you may qualify for:

Property assessment, exemption, and abatement programs include:

“There are far too many New Jersey residents still struggling to make ends meet in the aftermath of the worst days of the COVID 19 pandemic,” said Senator Andrew Zwicker (D-Somerset, Mercer, Middlesex, Hunterdon).  “The ANCHOR program promises timely relief to millions of homeowners and renters, putting money back into their pockets, and helping to keep our state affordable, and our economy strong and competitive in both the near- and short-term.”