READ: Major Changes to the ANCHOR Rebate Program in NJ

Listen up, there have been some changes.

If you live in New Jersey there's a good chance you've heard of the ANCHOR Rebate Program.

Seeing that extra money in my bank account each year puts a smile on my face.

You need to pay attention though, there are changes you need to be aware of.

New application for NJ's ANCHOR Rebate Program

The Patch is reporting that there's a new application and some other new features.

The new application combines the way you apply for three different (2 current and 1 future) state programs.

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Senior citizens and disabled people who live in New Jersey can start to apply for ANCHOR, Senior Freeze, and a future program called Stay NJ (coming in 2026) all on one application.

The state is hoping this will make things easier for you.

You won't have to submit proof of your property taxes or mobile home park site fees with this application.

The income eligibility levels have also changed. Click here for those changes.

You also won't need an ID and PIN to apply for ANCHOR money.

You can either fill out the paper application you get in the mail or you can apply online by clicking here.

You have until October 31 to apply

You have until October 31 to apply, although if you do it earlier, you may get your money earlier. Payments may be sent out starting in March.

Another big change is the ANCHOR rebate year being moved ahead.

If you remember the 2024 rebate was based on the 2021 tax year.

The 2025 ANCHOR Rebate will be based on 2024

This year, your 2025 ANCHOR rebate will be based on where you lived in 2024.

If you're wondering about your rebate from 2022 and 2023, click here.

ANCHOR rebates will continue as long as the state of New Jersey funds them.

READ MORE: Two NJ Hospitals Named Among Best in America

Stay NJ will kick off next year

 Stay NJ will begin in 2026. The program is for senior homeowners.

To stay informed, read more about all of these changes by clicking here.