In June, Murphy announced the expansion of the ANCHOR program that would provide $2 billion in tax relief. Residents, when visiting or calling for help in filing their ANCHOR application, must have the Anchor application with ID number and pin if available, 2019 tax return and social security number, according to the township.ĪNCHOR was first introduced by Murphy in the beginning of March when the governor outlined a spending proposal for the fiscal year of 2023. Monroe Township is asking for those seeking assistance with their filing to visit or call the township Tax Collector’s office at 73 or the Monroe Township Public Library at 73. 1, 2019 and file or be exempt from New Jersey income taxes to be eligible for relief in 2022.Īccording to the state officials, payments will be issued in the form of checks or direct deposits and sent no later than May 2023 to allow time for application processing and validation. Homeowners and renters must have occupied their primary residence on Oct. Residents that are eligible across the state have or are receiving instructions on how to file for the program.ĪNCHOR, which replaces Homestead Benefit, allows more than 870,000 homeowners with incomes up to $150,000 to receive $1,500 in property tax relief.Īdditionally, more than 290,000 homeowners with incomes between $150,000 and $250,000 will receive $1,000 in relief and more than 900,000 renters with incomes up to $150,000 will receive $450 in relief to help offset rent increases. He added that the ANCHOR program is a big step in the right direction in fighting to make the township more affordable for residents. “Now we need every eligible Monroe resident to take advantage of this meaningful benefit.” “Thanks to our efforts over the past year fighting for property tax relief and communicating our needs to the governor’s office, the ANCHOR program is now in place,” Dalina said.
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