Why is My Anchor Benefit Still Processing?

The New Jersey Division of Taxation states that people of New Jersey are eligible for property tax relief under the ANCHOR (Affordable New Jersey Communities for Homeowners and Renters) program. The individuals who can get ANCHOR benefits must follow some conditions. These conditions include that individual must be a resident of NJ, have a residence area or rent real estate in the NJ that is using as his primary residence, and satisfy specific income requirements.

You will get $1,500, if you are a homeowner in New Jersey with the income of less than $150,000 per year and is under 64 in 2021. ANCHOR benefit in the amount of $1,750 will be given to homeowners who turned 65 or older in 2021. If you are a renter in New Jersey with the age of 64 years in 2021, you are eligible to get $450, If your age is more than 64 in 2021, you will get $700.

Did Not Receive My NJ ANCHOR Rebate?

According to the state, the most of ANCHOR payments have already been made, but more are still due.
The payment period continues to be in its peaks because the state is still accepting requests till the end of the year.
When you got the letter, the state may still contact you to confirm certain facts since it is sometimes checking other information.
You can contact the ANCHOR hotline at (888) 238-1233 or visit the state website to see the status of your benefit.

How to Check NJ Refund Status?

Online status checks for ANCHOR benefits are available to citizens of New Jersey.

Here, two methods are described to check your NJ refund status

Check the progress of your NJ refund using these methods:
The New Jersey Division of Taxation’s website features a “Check Your Refund Status” option. You can check your NJ refund status here
For information on the status of your NJ refund, you can contact an ANCHOR representative at 1-800-323-4400 or 609-826-4400.

Applicants can check the status of their benefit online at anchor.nj.gov. Because the benefit status tracking tool is updated twice a week, candidates should expect to get fresh details on the status of their request no more frequently.

To find out your NJ ANCHOR benefits status, follow these steps:
Access to the ANCHOR website using the link: https://www.nj.gov/treasury/taxation/anchor/
Navigate to the “check benefit status” option below.
Provide all required details, such as your login and PIN.
You may view the status of your application there.

When to Expect NJ ANCHOR Payment?

Candidates has said that they start receiving funds after 90 days of submitting their application. Every candidate is assigned with a rolling number that is followed to transfer their payments. Your payment may be delayed if ANCHOR needs to verify your details and need some other information.

How Do I Contact the ANCHOR Benefit in New Jersey?

Anchor.nj.gov has comprehensive FAQs for tenants and homeowners as well as information about the program. Candidates can also contact 1-888-238-1233 or the ANCHOR helpline (609) 826-4282.

Can I Track My NJ Rebate Check?

The following methods will help you trace your NJ rebate check:

You can call the Customer Service Center at 609-292-6400 to speak with a Division Representative.
The Division will keep track of the check.
To obtain a check tracer for a payment on the present year’s NJ income tax return, make a phone contact with the Division’s Automated return Inquiry System at 1-800-323-4400.

When Can I Expect My ANCHOR Rebate in NJ in 2024?

According to state officials, almost one million people in New Jersey have already benefited from ANCHOR. Unless additional details are needed for processing the application, a large number of applicants will get their payment approximately ninety days after submitting their application.

The Treasury Department announced Tuesday that more than 900,000 rewards that were sent by electronic deposit must have reached bank accounts on Thursday, October 10. The agency reported that another 100,000 cheques were sent out on Friday, October 11.