The New Jersey State Treasurer began the ANCHOR property tax relief program on the 10th of October. According to the state treasurer, more than 900,000 beneficiaries who chose to receive their payments by bank deposit have received their payments since that day. Also, about 100,000 beneficiaries who chose to receive their refunds by paper check have received their checks by mail.<\/p>\n
The state treasurer said that the first payment was made and that these are taxpayers who received benefits last year and were automatically enrolled this year. The treasurer added that payments will continue to be made weekly going forward.<\/p>\n
The Anchor Program is available to homeowners who<\/p>\n
\u25b2 reside in a New Jersey home as of October 1, 2021,<\/p>\n
\u25b2 pay property taxes in 2021, and \u25b2 have an annual income of less than $250,000 in 2021.<\/p>\n
The rebate will be $1,500 for those with an annual income of less than $150,000 ($1,750 for those 65 or older) and $1,000 for those with an annual income of $150,000 to $250,000 ($1,250 for those 65 or older). Renters who are eligible are<\/p>\n
\u25b2 New Jersey residents<\/p>\n
\u25b2 resided in New Jersey as of October 1, 2020,<\/p>\n
\u25b2 tenants who pay legal rent<\/p>\n
\u25b2 have an income of less than $150,000 in 2021.<\/p>\n
Renters who meet the requirements will receive $450 ($700 for those 65 or older). If you haven\u2019t applied for a rebate yet, you can apply until November 30. You must have the ID number and PIN number, etc., included in the mail that provides instructions on how to apply for a new application delivered to each household, to apply.<\/p>\n
If you do not know the information, you can receive the ID number and PIN number by going to the state government website (anchor.nj.gov) and going through the identity verification process through the ‘ID.me’ service.<\/p>\n","protected":false},"excerpt":{"rendered":"