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New Jersey Program Eligibility

Property Tax-Aide features six property tax relief programs in New Jersey: Anchor Benefit, Property Tax Reimbursement (Senior Freeze), Senior Citizen and Disabled Persons Property Tax Deduction, Veterans Property Tax Deduction, Disabled Veteran Property Tax Exemption, and the Property Tax Deduction/Credit for Homeowners and Tenants.

If you’d like to be connected to a Property Tax-Aide volunteer after reviewing the information or completing an eligibility screener below, please call 833-263-9014 or visit our Contact Us page and fill out the form.

The information on this page is updated as new information becomes available by the relevant tax agencies.

ANCHOR (Affordable New Jersey Communities for Homeowners and Renters)

For 2023, this program provides property tax relief to New Jersey residents who owned or rented their principal residence (main home) on October 1, 2020 and met the 2020 gross income limits. The benefit is subject to funding within the New Jersey State budget and is subject to change. The benefit is paid by check or direct deposit approximately 90 days after the application is filed.

Payment Amounts:
• Homeowners with income of $150,000 or less will receive $1,500 ($1,750 if age 65 or older).
• Homeowners with income of more than $150,000 and up to $250,000 will receive $1,000 ($1,250 if age 65 or older).
• Renters with an income of $150,000 or less will receive $450 ($700 if 65 or older).

Application Deadline

The filing deadline for your 2020 ANCHOR benefit was December 29, 2023. We will provide information on the 2021 ANCHOR benefit when it becomes available.

NJ Property Tax Reimbursement (Senior Freeze)

This program reimburses eligible senior citizens and disabled persons for property tax or mobile home park site fee increases on their principal residence (main home). It does not actually freeze your taxes but will reimburse you for any property tax increases you have once you're in the program.

Application Deadline

NJ will begin mailing 2023 Senior Freeze blue application booklets in late February.

The deadline for all 2023 applications is October 31, 2024

Applications can be filed online on the NJ.gov website

100% Totally and Permanently Disabled Veterans Property Tax Exemption

If you are an honorably discharged veteran who was 100% permanently and totally disabled during active duty service, you may qualify for a full property tax exemption on your principal home.

If you are a surviving spouse or civil union/domestic partner of an honorably discharged veteran who was 100% permanently and totally disabled during active duty service, you also may qualify.

Application Deadline

You can file this form at any time during the tax year. Partial or prorated exemption is permitted for the remainder of any taxable year from the date ownership or title to the dwelling house is acquired provided all other eligibility requirements are met.

$250 Veterans Property Tax Deduction

If you are an honorably discharged veteran with active-duty military service, you may qualify for an annual $250 Property Tax Deduction.

You also may qualify if you are a surviving spouse/civil union/domestic partner of an honorably discharged veteran with active-duty military service.     

Application Deadline

File Form V.S.S. and all documentary proof with your municipal tax assessor from October 1 through December 31 of the pretax year. For example, for a property tax deduction claimed for calendar tax year 2024, the pretax year filing period would be October 1 – December 31, 2023.

$250 Senior Citizens and Disabled Persons Property Tax Deduction

If you are age 65 or older, or disabled, and have been a New Jersey resident for at least one year, you may be eligible for an annual $250 property tax deduction. You also may qualify if you are a surviving spouse or civil union partner.

Application Deadline

File Form PTD and all documentary proofs with your local assessor or tax collector from October 1 through December 31 of the pretax year. For example, for a property tax deduction claimed for calendar tax year 2024, the pretax year filing period would be October 1 – December 31, 2023, with the assessor and the tax year filing period would be January 1 – December 21, 2024, with the collector.

For subsequent years, you will have to file Form PD5 with your tax collector every year, on or before March 1, to maintain the deduction.

NJ Property Tax Deduction/Credit for Homeowners and Tenants

Homeowners and tenants who pay property taxes on a primary residence (main home) in New Jersey, either directly or through rent, may qualify for either a deduction or a credit when filing a NJ Income Tax return.

Most low-income seniors and blind or disabled persons who do not otherwise file a NJ-1040 income tax return are still entitled to receive a $50 property tax credit. See exception in the Program Eligibility section below.

Application Deadline

You can apply for the Property Tax Deduction/Credit in the following ways:

If you are filing a NJ tax return:

  • You can apply by claiming the deduction/credit on your NJ income tax return. See your tax adviser or the NJ-1040 Instructions for details.

If you are not filing a NJ tax return but meet the criteria for the exception above to claim a property tax credit:

  • Homeowners and renters who are eligible and file ANCHOR applications will automatically receive their property tax credit with their ANCHOR benefits.
  • You can file Form NJ-1040-HW (Part I). The application deadline for the NJ-1040-HW is the same as the deadline for the regular NJ-1040 income tax return. See Program Contact Links section below for a link to this form.

Property Tax-Aide has independently selected the property tax relief programs featured on this website that we think are the most relevant and beneficial to older adults. It is not an exhaustive list of all property tax relief programs available in each state. Please consult your local tax agency for a comprehensive listing of property tax relief programs in your area.

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