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  1. Jul 14, 2023 · The Affordable New Jersey Communities for Homeowners and Renters (ANCHOR) program replaced the Homestead Benefit for the 2019 tax year. The Homestead Benefit program provides property tax relief to eligible homeowners. For most homeowners, the benefit is distributed to your municipality in the form of a credit, which reduces your property taxes.

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      Department of the Treasury Division of Taxation PO Box 281...

  2. Sep 12, 2022 · “The ANCHOR program will deliver real, tangible property tax relief to both homeowners and renters, a historic step toward making New Jersey a more affordable state,” said Governor Phil Murphy. “By working closely with the Senate President and the Speaker we were able to fully fund the program in its first year, allowing us to provide ...

  3. Jun 20, 2022 · New Jersey homeowners pay the highest property taxes in the nation, and the average bill statewide hit $9,284 in 2021, an increase of $172 over the previous year.

  4. Jul 2, 2022 · Under the new program, known as ANCHOR, homeowners making up to $150,000 will receive $1,500 rebates on their property tax bills, and those making $150,000 to $250,000 will receive $1,000 rebates ...

  5. Mar 3, 2022 · FAIR LAWN – Building on his commitment to making New Jersey stronger, fairer, and more affordable, Governor Phil Murphy today unveiled the ANCHOR Property Tax Relief Program, a new initiative that will distribute $900 million in property tax relief to nearly 1.8 million homeowners and renters across the state during Fiscal Year 2023 (FY2023).

  6. Dec 20, 2022 · Officials in New Jersey are urging people to apply for property tax relief under the new ANCHOR program before the Jan. 31, 2023 deadline. Qualified homeowners making less than $150,000 in 2021 will receive a tax credit of $1,500, while those making $150,000 to $250,000 will get a tax credit of $1,000. Renters who made $150,000 or less will ...

  7. Mar 3, 2022 · Gov. Phil Murphy announced Thursday his administration will extend property tax relief to about 1.8 million New Jersey households by replacing the state’s Homestead Benefit program. The tax ...

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