2025 Anchor Benefit. According to detailed eligibility standards written into the fiscal year 2025 budget, homeowners who earned up to $150,000 annually in 2021. Anchor is in its third year, now a benefit that homeowners and renters can count on annually to ease their burdens and make our state more affordable.
Here’s what to know about how the anchor (affordable new jersey communities for homeowners and renters) tax relief program will work, according to the new jersey. Phil murphy is expected to provide more than $3.5 billion in tax relief in the coming fiscal year that starts july 1, supporting his message that he is aiming to make new jersey more.