Jewel R. Eastman

Nj Anchor Program 2025 Amount Increase. New jersey homeowners and renters would get another year of the anchor property tax relief benefit at the same payment levels — up to $1,750 for homeowners and $700 for renters — under the new. The fy 2025 appropriations act provided approximately $2.09 billion.

Phil murphy enacted a record $50.7 billion annual budget. This is the third year for new jersey’s anchor program.