Anchor Benefit Status 2025. The state treasury department will send notification letters on aug. The $2 billion anchor benefit program replaced the homestead rebate in 2022 as new jersey's primary program for property tax relief, and tripled the number of.

In this case, all 120 seats in the. The current anchor benefit, for the 2021 tax year, pays up to $1,500 to homeowners and $450 for renters.