New Jersey State Rebates
Property Tax Reimbursements
There are two separate and distinct property tax relief programs available to New Jersey homeowners:
- Senior Freeze Program
- Affordable New Jersey Communities for Homeowners and Renters (ANCHOR)
Senior Freeze (Property Tax Reimbursement) Program
Forms are sent out by the State in late February/early March. For information call 800-882-6597 or to visit the NJ Division of Taxation website for information and downloadable forms.
Note: For residents who did not receive a prior year’s reimbursement or Form PTR-2 for residents who did receive a prior year’s reimbursement.
This program is designed to freeze the burden of increasing real estate taxes for qualified applicants by establishing a base year of eligibility and comparing that “base” with any subsequent year, the difference to be refunded by the State annually. Eligibility must be continuous otherwise a new base year must be established.
Qualifications are as follows:
- Must make application annually with the State of New Jersey;
- Homeowners age 65 or older or receiving Federal Social Security Disability Benefits and who paid property taxes on their principal residence in New Jersey;
- Applicants must be NJ residents for at least 10 years, and living in their current home for the last 5 years;
- Applicant must meet certain income limits for both the “base year” (year applicant first became eligible) and the application year. Income requirements are set by the State annually;
- Property taxes must be paid in full for the years applied for by June 1st of the following year.
For more information call 800-882-6597.
The Affordable New Jersey Communities for Homeowners and Renters (ANCHOR) Program has replaced the Homestead Rebate program.
This program provides property tax relief to New Jersey residents who owned or rented their principal residence (main home) on October 1, 2019, and met the income limits.
Those who qualify based on their 2019 reported income will receive information mailers directly from the State of New Jersey within the next several weeks. For more information, call 888-238-1233 or visit the NJ Division of Taxation's ANCHOR page.
You are considered a homeowner if, on October 1, 2019, you:
- Owned a house,
- Owned a condominium and paid property taxes on your unit;
- Were a resident shareholder of a cooperative housing complex;
- Were a resident of a continuing care retirement community and your continuing care contract requires you to pay the proportionate share of property taxes attributable to your unit.
You do not qualify if your residence was completely exempt from paying property taxes or you made PILOT (Payments-in-Lieu-of-Tax) payments.
You are considered a tenant if, on October 1, 2019, you:
- Rented an apartment, condominium, or house;
- Rented or owned a mobile home located in a mobile home park.
You do not qualify if you lived in tax-exempt, subsidized, or campus housing.
For detailed qualifications and additional information visit the visit the NJ Division of Taxation's ANCHOR page.