Nj Anchor Program 2024 Amount

Nj Anchor Program 2024 Amount. The anchor benefit, which will cover the 2021 tax year, was funded in the record $56.6 billion state budget that was signed earlier this summer by gov. This program provides property tax relief to new jersey residents who own or rent property in new jersey as their principal residence and meet certain income.

Meanwhile, renters who earned up to $150,000 annually in 2021 are also eligible to receive anchor benefits totaling $450. Karin price mueller | nj advance media for nj.com.