Understanding the Affordable New Jersey Homeowner and Renters Program

🏠The Affordable New Jersey Homeowner and Renters Program has replaced the Homestead Benefit program and offers benefits to a broader income range.

💸The income threshold for homeowners is now up to $250,000, while tenants can earn up to $150,000 and still be eligible for the program.

📝To apply for the program, homeowners and tenants can fill out the Anchor Benefit application, providing accurate income information.

📨Contact the Division of Taxation at [email protected] if you haven't received your ID and PIN numbers for the application.

🏢🏠The program includes benefits for both homeowners and tenants, offering relief for property taxes based on income level.

What is the eligibility criteria for the Affordable New Jersey Homeowner and Renters Program?

—Homeowners can earn up to $250,000, while tenants can earn up to $150,000 and still be eligible for the program.

How do I apply for the program?

—To apply, homeowners and tenants should fill out the Anchor Benefit application, providing accurate income information.

What if I haven't received my ID and PIN numbers for the application?

—Contact the Division of Taxation at [email protected] for assistance with obtaining your ID and PIN numbers.

Can tenants also qualify for benefits through this program?

—Yes, tenants are now eligible for benefits through the Affordable New Jersey Homeowner and Renters Program.

Is the program based on 2019 income?

—Yes, the program is based on 2019 income. It is important to provide accurate income information when applying.

00:00The Affordable New Jersey Homeowner and Renters Program has replaced the Homestead Benefit program and offers benefits to a broader income range.

02:35Homeowners can earn up to $250,000, while tenants can earn up to $150,000 and still be eligible for the program.

03:09To apply, homeowners and tenants should fill out the Anchor Benefit application, providing accurate income information.

09:10Contact the Division of Taxation at [email protected] for assistance with obtaining your ID and PIN numbers for the application.

12:53The program includes benefits for both homeowners and tenants, offering relief for property taxes based on income level.