New Jersey Property Tax Relief Resource, South Jersey Official NJ Treasury

New Jersey property tax relief, explained simply

Millions of NJ homeowners, renters, and seniors qualify for relief they never claim. See what you're owed and how to get it, from a licensed South Jersey agent and 15+ year tax pro.

Latest
Budget passed: Stay NJ income limit now about $200K, what changed
PAS-1 filing deadline: November 2, 2026, file now
ANCHOR confirmation letters mail August 2026, learn more
Licensed NJ Agent #2079591
15+ Years Tax Experience
@thetaxwatchdog, NJ Tax Tips Daily
South Jersey, Camden, Gloucester, Salem
July 2026 NJ Tax News

The new state budget just changed your property tax relief

Trenton signed the FY2027 budget on June 30. New Stay NJ income tiers, payment dates worth circling, and one thing every homeowner should know before selling. I broke it all down in plain English.

Read the July Newsletter
Now Official FY2027 budget passed Updated June 30, 2026

It's official: Stay NJ survived the budget, with a lower income limit

New Jersey passed its FY2027 state budget, and Stay NJ was not cut the way the Governor first proposed. The full $6,500 maximum stays in place. But the income limit to qualify dropped sharply, from $500,000 down to about $200,000, and the benefit is now tiered by income. Here is what changed.

Before (through FY2026)
Cuts an eligible senior's property tax bill in half, up to $6,500.
Open to homeowners 65 and older with income up to $500,000.
Now law (FY2027 budget)
Top benefit stays at $6,500, the income limit is now about $200,000, and the amount is tiered:
Income $100,000 or lessup to $6,500
$100,000 to $150,000up to $5,000
$150,000 to $200,000up to $4,000
Over $200,000not eligible
Earn over $200,000 and you no longer qualify for Stay NJ. Eligibility uses NJ gross income, which is not the same as your federal AGI, so check your NJ number before you assume you're out. The exact income thresholds will be confirmed by the NJ Division of Taxation. The Senior Freeze program was not cut.

See what you qualify for in about 90 seconds

Our free benefits calculator estimates your ANCHOR payment and your Stay NJ senior credit. No login, no cost, just answers.

Open the free calculator
Up to $1,500
ANCHOR, homeowners and renters
Up to $6,500
Stay NJ credit, seniors 65+

The main relief programs

Most NJ residents qualify for at least one of these. You have to apply to get them.

ANCHOR

A direct payment for NJ homeowners and renters, with no age requirement. Up to $1,500 for homeowners, up to $700 for renters.

Learn more →

Stay NJ · new $200K income limit

For homeowners 65 and older. Cuts an eligible senior's property tax bill in half, up to $6,500.

Learn more →

Senior Freeze (PTR)

For seniors and disabled homeowners. Reimburses the increase in your property taxes above your base year.

Learn more →

Veterans benefits

A $250 deduction for eligible NJ veterans, up to a full property tax exemption for 100% disabled veterans.

Learn more →

Seniors apply for ANCHOR, Stay NJ, and the Senior Freeze with one form, the PAS-1. The deadline for the 2025 application year is November 2, 2026. Need a hand? PAS-1 filing help is $20.

Talk to a local expert

Questions about what you qualify for, a property tax appeal, or buying and selling in South Jersey? John and Heather Scafide are licensed NJ agents, and John has 15+ years of tax experience. No pressure, and it costs nothing to ask.

Your info is never sold. Response within one business day.

Got it. John or Heather will follow up within one business day.