Thu Sep 18 11:00:00 UTC 2025: **Here’s a news article summarizing the information:**
**NJ Homeowners, Renters to See Property Tax Relief Payments Starting This Week**
**TRENTON, NJ** – New Jersey residents can expect some financial relief as Anchor property tax rebates begin rolling out this week. Starting Monday, September 15th, eligible homeowners and renters will start receiving payments through the 2025 Affordable New Jersey Communities for Homeowners and Renters (Anchor) program.
The Anchor program aims to ease the burden of rising property taxes by providing direct financial assistance to residents who own or rent their primary residence in New Jersey and meet specific income requirements. Benefits are calculated based on residency, income, and age as of 2024.
Payments will be distributed on a rolling basis, with most applicants receiving their funds within 90 days of applying, unless further information is required. Residents who applied online have the option of receiving their rebates via direct deposit, while those who submitted paper applications will receive a paper check. Rebates cannot exceed the amount of property taxes paid on the primary residence for the qualifying year.
The deadline to apply for the Anchor program is October 31st. However, residents seeking payment via paper check must submit their application by September 15th. September 15th is also the deadline to change bank account information for those who received a letter confirming their eligibility.
Residents can track the status of their rebate application [link to status checker].
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