New Jersey renters and homeowners who have not yet claimed this year’s property tax relief have about a week left. The state’s deadline to file the 2025 ANCHOR application is Monday, Nov. 2.
The New Jersey Division of Taxation confirms the Nov. 2, 2026 deadline on its ANCHOR page. For renters, the benefit is $450, or $700 for those who were 65 or older by the end of 2025.
What renters and homeowners can receive
ANCHOR, short for Affordable New Jersey Communities for Homeowners and Renters, pays a flat amount based on income and age. The Division’s page on how benefits are calculated and paid lays out the 2025 amounts, using income from line 29 of the 2025 NJ-1040.
Renters with income of $150,000 or less receive $450 if they were 64 or younger, and $700 if they were 65 or older by Dec. 31, 2025. The $700 figure includes an extra $250 for seniors. Renters with income above $150,000 do not qualify…