County of Monmouth
Monmouth County Board of Taxation

New Jersey Property Tax Programs

New Jersey Property Tax Programs

Welcome to our resource page for New Jersey property tax programs. Below, you will find information and links to the State pages for various property tax relief programs. These programs are designed to help eligible residents manage their property taxes effectively.

Senior Freeze (Property Tax Reimbursement)

The Senior Freeze program reimburses eligible senior citizens and disabled persons for property tax or mobile home park site fee increases on their principal residence. To qualify, you must meet all the eligibility requirements for each year from the base year through the application year.

ANCHOR Program

The Affordable New Jersey Communities for Homeowners and Renters (ANCHOR) program offers property tax relief to New Jersey residents who own or rent property in New Jersey as their main home and meet certain income limits.

Stay NJ Property Tax Credit Program

The Stay NJ program offers property tax benefits to eligible homeowners aged 65 and older. It reimburses applicants for 50% of their property tax bills, up to a maximum of $13,000, with a 2024 benefit cap of $6,500.

Deductions, Exemptions, and Abatements

New Jersey offers several property tax deductions, exemptions, and abatements. These programs are managed by your local municipality and include deductions for senior citizens, disabled persons, and veterans, as well as exemptions for certain types of properties.