New Jersey ANCHOR Property Tax Relief

NJ Division of Taxation

Available Property Tax Relief

About This Program

New Jersey ANCHOR Property Tax Relief is available to homeowners and renters in Parsippany-Troy Hills, NJ.

New Jersey property tax relief benefit for homeowners and renters meeting income requirements. Homeowners with income under $150,000 receive up to $1,500; those earning $150,000-$250,000 receive up to $1,000. Benefit paid as direct deposit or check.

Benefit amount based on income level: $1,500 for income under $150K, $1,000 for $150K-$250K

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 Parsippany-Troy Hills, NJ, you can combine this program with other local help to cut your cost:

Key Details

  • Benefit up to $1,500 for property tax relief
  • Available to homeowners with income under $250,000
  • Must be principal residence in New Jersey
  • Higher benefit for income under $150,000
  • Annual application required

How to Apply

Get free help applying Visit Official Program Page Track this program

(888) 238-1233

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

Your application paperwork

Form to file: NJ ANCHOR Application, Form ANC-1 (Form PAS-1 for age 65 and older or Social Security and Railroad Retirement disability recipients)

ANCHOR gives New Jersey homeowners a property tax relief benefit if they owned and lived in a New Jersey home as their main residence on the program's October 1 ownership date and their New Jersey gross income is within the limit (up to $250,000 for homeowners). Most eligible homeowners are auto filed on Form ANC-1 and only receive a confirmation letter, but anyone not auto filed files online or by mail (people age 65 and older and Social Security or Railroad Retirement disability recipients use the combined Form PAS-1).

Steps to apply

  1. Confirm you owned and occupied a New Jersey home as your main residence on the program's October 1 ownership date and that your New Jersey gross income is within the limit.
  2. If you receive an ANCHOR Benefit Confirmation Letter, your ANC-1 was auto filed and no action is needed unless your information changed.
  3. If you were not auto filed, go to propertytaxreliefapp.nj.gov and file the application online, verifying your identity through ID.me.
  4. If you prefer paper, download the current ANC-1 application from the NJ Division of Taxation site and mail it (people age 65 and older and disability recipients file Form PAS-1 instead).
  5. File before the posted deadline and use the Check Benefit Status tool to track your application.
Get the official form

Documents you will likely need

  • Photo ID accepted by ID.me for online filing (driver's license, state ID, passport, or passport card)
  • Your New Jersey gross income amount from your prior year NJ-1040 return
  • Property information from your property tax bill (county and municipality code, block, lot, and qualifier)
  • Your property tax amount for the year
  • Your ANCHOR Benefit Confirmation Letter or the ID and PIN if one was mailed to you
Download this checklist (PDF)

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 typically due by December 31 annually

Questions about this program?

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

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Frequently asked questions

How much can New Jersey ANCHOR Property Tax Relief provide in Parsippany-Troy Hills, NJ?

Up to $1,500 benefit.

Who qualifies for New Jersey ANCHOR Property Tax Relief in Parsippany-Troy Hills?

New Jersey ANCHOR Property Tax Relief is open to homeowners and renters in Parsippany-Troy Hills, NJ.

How do I apply for New Jersey ANCHOR Property Tax Relief in Parsippany-Troy Hills, 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 typically due by December 31 annually.

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