In recent years, New Jersey homeowners and renters have received the ANCHOR tax rebate (Affordable New Jersey Communities for Homeowners and Renters), providing much-needed property tax relief. Here's a breakdown of the key details:
• Homeowners aged 65 and above: Up to $1,750.
• Homeowners under 65: Up to $1,500
• Renters aged 65 and above: Up to $700.
• Renters under 65: Up to $450
• Income requirement: Your annual income must be under $250,000.
Eligible residents will likely receive rebates again this year. However, the final decision depends on the approval of the state budget. We'll keep you updated with the latest information as it becomes available.
If you have any inquiries or need assistance, we're here to help! Please reach out to our office at 856-232-6700.
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