Did you get your one-time payment from the state of New Jersey? If not, here's what to do

Jake Wells

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Did you know that the state of New Jersey has been sending residents stimulus funds as property tax rebates to eligible homeowners and renters? The program is called Affordable New Jersey Communities for Homeowners and Renters (ANCHOR). The deadline to submit for this program was on February 28th but payments will be sent out through May. (source)

How the ANCHOR program works

Homeowners with incomes up to $150,000 get a $1,500 rebate, while those with incomes between $150,000 and $250,000 get $1,000. Renters also are eligible for a $450 rebate, if they don’t make more than $150,000. (source) Payments for this program are scheduled to go out the first few months of 2023 and should come by May.

If you filed online or by phone, allow up to two weeks from when you filed for information to be available. Paper applications can take up to 12 weeks to process, according to the ANCHOR page from the state.

What to do if you did not yet get your ANCHOR payment

ANCHOR payments are paid in the form of a direct deposit or check, not as credits to property tax bills. If you have any questions, you can contact the state government of New Jersey here or you can call the New Jersey Department of Treasury at 609-292-6748

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