ANCHOR Property Tax Relief Program

New Jersey announced a new Property Tax Relief Program which replaces the previous Homestead Benefit program and has expanded eligibility for property tax relief for Tax Year 2019. The Affordable New Jersey Communities for Homeowners and Renters (ANCHOR) Property Tax Relief Program will benefit a large number of homeowners and tenants and provide property tax relief to New Jersey residents who owned or rented their principal residence (main home) on October 1, 2019, and met the income limits.

More information will be made available in tomorrow’s eNews and on the Hillsborough Township website.