New Jersey starts doling out ANCHOR payments to homeowners, renters

The state confirms that benefits are starting to go out and will continue on a rolling basis.

News 12 Staff

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Oct 1, 2024, 9:40 PM

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Updated 2 hr ago

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Some New Jersey renters and homeowners could start seeing their latest rounds of ANCHOR property tax relief payouts really soon.

The state confirms that benefits are starting to go out and will continue on a rolling basis.

Most applicants can expect to get their payments 90 days after applying.

Last year’s payments ranged from $450 to $1,500.

More information about ANCHOR payments can be found on the state’s website.