NEW JERSEY — Some New Jersey residents are starting the weekend with ANCHOR property tax benefits in their bank accounts as the first payments have arrived.
Patch was browsing social media and found some users on Reddit in New Jersey who said they received direct deposits on Thursday and Friday. Others said they checked their benefit status online and found their payments would arrive on or before Tuesday, Oct. 15. One of our Patch staff members also received the patch.
The state expects about 2 million homeowners and renters to receive benefits this year, with payments ranging from $450 to $1,750. Nearly 1.5 million people are automatically enrolled in this year’s program, many of them residents eligible for this first round of payments.
Other residents will receive payments on a rolling basis approximately 90 days after completing their applications, according to the state Department of Taxation.
“More than 900,000 benefits distributed via direct deposit are scheduled to be deposited into bank accounts on Thursday, October 10th, and approximately 100,000 checks were mailed on Friday, October 11th,” the department said Friday. announced.
This is the third year of the ANCHOR program (Affordable New Jersey Communities for Homeowners and Renters). This year’s program is based on 2021 tax information.
The deadline for new applications is November 30th, and you can check your benefit status here after applying. On this website, you can see if your application is being processed and the date the state issued your benefits. It also plans to notify residents if the state has no record of processing an application.
New Jerseyans applying for the first time, those who haven’t received their ANCHOR benefits confirmation or application mailing, and those looking for their ANCHOR ID and PIN will have several new security measures in place this year as part of the state’s initiative. need to be taken. To combat application fraud.
For more information about the program, visit anchor.nj.gov. Applicants can call the ANCHOR Hotline at (609) 826-4282 or 1-888-238-1233, receive in-person assistance at a Regional Information Center, or attend any of the in-person ANCHOR Help events scheduled throughout the state. You can also stop by for crabs. .
