One Form, Three Programs: NJ Makes Tax Relief Easier
Are property taxes making it difficult to stay in your New Jersey home? Relief is here.
The New Jersey Treasury Department has launched a unified application process that can save eligible homeowners thousands of dollars through multiple property tax relief programs. Over one million PAS-1 applications have been mailed to residents who can now apply for ANCHOR, Senior Freeze, and the new Stay NJ program using this single form.
Who benefits? If you’re a senior (65+) or disabled homeowner in New Jersey, this streamlined process was designed specifically for you.
Important Deadlines and Application Options
The PAS-1 application has been available online since February, with paper versions arriving in mailboxes by April 15. Your next step is simple: Complete and submit your application by October 31, either online or by mail.
If you don’t qualify for the PAS-1 (younger homeowners and renters), watch for a separate letter this summer about auto-filing for the ANCHOR program. Additional application options for these groups are expected to begin in August.
Understanding Your Tax Relief Options
Senior Freeze Program
What it does: Reimburses eligible seniors and disabled persons for property tax increases on their principal residence. When to expect payment: Beginning July 15, 2025 Learn more: NJ Division of Taxation – Senior Freeze
ANCHOR Program
What it does: Provides property tax relief to New Jersey residents who own or rent their principal residence in New Jersey (subject to income limits). When to expect payment: Beginning September 15, 2025 Learn more: NJ Division of Taxation – ANCHOR Program
Stay NJ Program
What it does: Offers significant property tax benefits to eligible senior homeowners by reimbursing 50% of property tax bills (up to $13,000). When to expect payment: Quarterly payments begin in 2026, subject to budget funding Learn more: NJ Division of Taxation – Stay NJ
How We Can Help
Navigating property tax relief programs can be confusing, even with the new streamlined application. HBK CPAs & Consultants has the expertise to guide you through the process and ensure you receive all the benefits you’re entitled to.
For assistance with your PAS-1 application or questions about New Jersey Property Tax Relief Programs, contact our team today. We’re here to help you reduce your tax burden and stay in the home you love.
Additional resources: For more information on PAS-1, including online filing instructions, visit NJ Division of Taxation – Property Tax Relief Programs.
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