As the year begins, the rising prices of food, energy and healthcare are on
everyone's mind. The ability to afford to remain in one's home is also becoming
increasingly more difficult due to higher housing costs such as property taxes,
rent and mortgage.
At Senior Council, we take these concerns to heart. We will continue to publish the
Senior News in order to bring you information and news on areas of concern and
interest. We will also keep a special focus on property tax relief and what you
can expect going forward.
With the ever increasing cost of property taxes in New Jersey, many of us are
driven away. However, taking advantage of New Jersey's Property Tax Relief
programs can stretch our dollars. Who qualifies? Are there special programs for seniors?
Can renters also get relief?
To increase awareness of what is available, the Senior Council is giving a series of talks
throughout our communities. The next two dates are:
February 10, 2023 at 11:30 am at Bauer Center, 100 Main Street, Millburn
February 11, 2023 at 10:30 am at Springfield Public Library, 66 Mountain Ave, Springfield
The presentation clarifies the New Jersey property tax relief
options including the ANCHOR Program. We cover the income requirements,
the application processes and the deadlines for the various programs including:
* Anchor Program (formerly Homestead Benefit Credit)
* Senior Freeze
* Senior Citizens Annual Property Tax Deduction
* Property Tax Deductions for Veterans (or their spouses)
* NJ State Income Tax Relief for Homeowners and Renters
These programs were renewed in the last NJ State Budget. The Anchor Program has replaced the Homestead Benefit Credit and now offers a rebate check for eligible homeowners and renters. The deadline for filing an Anchor application has now been extended to February 28, 2023.
Anchor Program and Other NJ Property Tax Relief Programs
For Homeowners and Renters
For the updated outline recapping the Property
Tax Relief Programs including the new
Anchor Program, please click HERE.
For 2019 Form Anchor-H for Homeowners, CLICK HERE.
For 2019 Form Anchor-T for Tenants, CLICK HERE.
Filing deadline for ANCHOR has been extended to February 28, 2023