ANCHOR Payments Reversed for Some NJ Taxpayers
The State of New Jersey’s Affordable New Jersey Communities for Homeowners and Renters (ANCHOR) property tax relief program officially opened for 2024 in August. Payments for eligible homeowners and renters began going out on a rolling basis in mid-October; however, just a short time later, the State pulled the ANCHOR benefit payments from some taxpayers’ accounts, due to possible fraud.