Gov. Phil Murphy said the state is sending out letter this week informing eligible residents.
Make your contribution now and help Gothamist thrive in 2023.Most New Jersey residents who previously received property tax rebates through the state’sGov. Phil Murphy made the announcement Tuesday night on. He said state officials are mailing 1.3 million homeowners and renters letters this week informing them that they are eligible for the second year of the ANCHOR program — short for the Affordable Communities for Homeowners and Renters — and don’t have to reapply for relief.
He said most residents will receive direct deposit payments or checks with their rebates by Nov. 1, much earlier than the inaugural year of ANCHOR — the 2022-2023 fiscal year, when residents didn’t receive their rebates until March. Homeowners making less than $250,000 a year and renters earning less than $150,000 a year are eligible for the program. Renters 65 or older will receive $700 rebates, and those under 65 will receive $450. Homeowners 65 or older will receive $1,750 if they earn less than $150,000 and $1,250 if they earn between $150,000-$250,000. Homeowners under 65 will receive $1,500 if they earn less than $150,000 and $1,000 if they earn between $150,000-$250,000.
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