Nj Anchor Payment 2024 Update. Letters will be mailed to around 1.5 million residents to confirm their eligibility for this season's benefit. We will start distributing anchor benefits in early october, and continue on a rolling basis.

Under the latest state budget, the next round of anchor benefits will continue to range from $450 to $1,750, depending on age, annual income and whether an eligible. The anchor payments, which are for the 2021 tax year, will pay up to $1,500 to homeowners and $450 for renters, with senior homeowners and renters.