ANCHOR recipients to automatically receive property tax benefits this year
Over 1.3 million taxpayers who received property tax relief benefits through the ANCHOR program in 2022 will soon receive a letter confirming their eligibility for this year's program and notification that they will not need to refile an application to receive a check or direct deposit in most circumstances.
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Check your mailbox -- for homeowners and renters already enrolled in the Affordable Communities for Homeowners and Renters (ANCHOR) program, your property tax benefit is being mailed out automatically this year.
Over 1.3 million taxpayers who received property tax relief benefits through the ANCHOR program in 2022 will soon receive a letter confirming their eligibility for this year's program and notification that they will not need to refile an application to receive a check or direct deposit in most circumstances.
The Department of the Treasury’s Division of Taxation began mailing benefit confirmation letters Tuesday. The letters include detailed information on how recipients will receive their benefit this year (via check or direct deposit, matching their choice from last year), as well as confirmation of their mailing address and bank information.
If this information has not changed in the last year, recipients will not need to file an application to receive their benefit this year. Benefits will automatically be distributed by Nov. 1.
Just look out for a check in the mail or a direct deposit into your bank account.
Additionally, the Division of Taxation will soon begin mailing applications to two million residences with the goal of reaching additional homeowners and renters who may also be eligible to apply for the program. Application mailers will be sent between Aug. 22 and 28. These applicants will have until Dec. 29 to file an application.
Last year, more than 1.7 million renters and homeowners applied for and received a payment ranging from $450 to $1,500 under the program covering the 2019 tax year.
Additional information is available at anchor.nj.gov.
