NJ ANCHOR Property Tax Relief

NJ Division of Taxation

Available Property Tax Relief

About This Program

NJ ANCHOR Property Tax Relief is available to homeowners and renters in Madison, NJ.

Affordable New Jersey Communities for Homeowners and Renters (ANCHOR) provides property tax relief to homeowners and renters meeting income requirements. Benefit amounts vary by income and homeowner/renter status.

Average benefit for moderate-income homeowner

Verified against NJ Division of Taxation's official page on 2026-06-17.

Data last verified 2026-06-09. How we verify our data.

In Madison, NJ, you can combine this program with other local help to cut your cost:

Key Details

  • Up to $1,500 for eligible homeowners
  • Up to $450 for eligible renters
  • Income limits: $250,000 homeowners, $150,000 renters
  • Must be NJ resident full year
  • Applications open February 1 annually

How to Apply

A grant-savvy contractor in Madison, NJ can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Applications accepted starting February 1 each year

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How much can NJ ANCHOR Property Tax Relief provide in Madison, NJ?

Up to $1,500 rebate.

Who qualifies for NJ ANCHOR Property Tax Relief in Madison?

NJ ANCHOR Property Tax Relief is open to homeowners and renters in Madison, NJ.

How do I apply for NJ ANCHOR Property Tax Relief in Madison, NJ?

Apply directly with NJ Division of Taxation using the official program link on this page or call (888) 238-1233. There is no middleman and no fee. Deadline: Applications accepted starting February 1 each year.

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Madison, NJ

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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