NJ Property Tax Relief Programs
New Jersey Property Tax Relief for Senior Homeowners and Renters Age 65 and over: New FAQ Flyer
New in 2025 — Single Combined Application! The NJ Division of Taxation has made it easier for seniors and those receiving Social Security Disability in New Jersey to apply for Property Tax Relief with a new, simplified process. Their goal is to make the filing experience more straightforward and efficient. There is now a single combined application for the Senior Freeze (Property Tax Reimbursement), ANCHOR, and Stay NJ programs for residents 65 and over, or those collecting Social Security Disability Benefits. They will determine your eligibility for you and send a letter with the specific benefits for which you qualify.
Online filing and a mail-in form will be available. The deadline to file is October 31, 2025.
*Changes to the PAS-1 form - April 2025*
Please note on Section III – Certain Homeowners
Initially stated in blue booklets mailed out: Complete this section only if you answered “yes” at line 5a and moved before December 31, 2024
The new form online now states: Complete this section only if you answered “yes” at line 5a
Those answering “No” on line 5A, are ineligible to file the application and do not need to complete Schedule III. Line 5A is for those that were not residing in the same home for the full year (based on answer at line 4a). By indicating “No” on 5a, the applicant is additionally saying that they were not an owner or renter on October 1, 2024.
By indicating that the applicant was not residing in the same home all year (Line 4a) and neither a homeowner or renter (Line 5a), the applicant would not be eligible for any of the programs: Senior Freeze, ANCHOR, or Stay NJ.
However, there was a printing error on Schedule III itself. Schedule III of the PAS-1 booklets that are being mailed to applicants incorrectly indicates that you should only complete the schedule if you moved before December 31. However, Schedule III should be completed by those who indicated “Yes” online 5a even if they DID move by December 31.
The NJ Division of Taxation posted a statement about that error on their website and revised the online PDF of the form: NJ Division of Taxation - Property Tax Relief Programs
Eligibility requirements, including income limits, and benefits available for all property tax relief programs are subject to change by the State Budget.
Senior Freeze (Property Tax Reimbursement)
The Senior Freeze Program reimburses eligible senior citizens and disabled persons for property tax fee increases on their principal residence (main home). To qualify, you must meet all the eligibility requirements for each year from the base year through the application year.
Payments are issued on a payment schedule, depending on when you apply. The earliest payment will be issued July 15, 2025.
ANCHOR
This program offers property tax relief to New Jersey residents who own or rent property in New Jersey as their main home and meet certain income limits. This year's ANCHOR benefit is based on residency, income, and age from 2024.
Payments will start September 15 and continue on a rolling basis, with most applicants receiving payment within 90 days, unless additional information is required.
Stay NJ
A new program, expected to launch in early 2025, offers property tax benefits to eligible homeowners aged 65 and older. It reimburses applicants for 50% of their property tax bills, up to a maximum of $13,000, with a 2024 benefit cap of $6,500. To qualify, you must have owned and lived in your home for the full 12 months of 2024 and have an income below $500,000.
Payments will be made quarterly beginning in 2026, with payments scheduled for February, May, August, and November.