State & Local Tax, Tax

Extended Filing Due Date for NJ ANCHOR Property Tax Relief Program

The deadline to file the Affordable New Jersey Communities for Homeowners and Renters (NJ ANCHOR) program benefit application has been extended to January 31, 2023 (originally December 30, 2022).

The NJ ANCHOR tax relief program provides property tax relief to New Jersey residents who owned or rented their principal residence (main home) on October 1, 2019 and met the income limits.1 The program is designed to help homeowners and renters save money on property taxes with new limitations and qualifications.

As a reminder, here are a few helpful links from the NJ State Department of the Treasury website with information on eligibility:

NJ ANCHOR benefits are scheduled to be paid in late Spring 2023.

Please reach out to the Cg Team with any questions or for more information.