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Compare NJ Property Tax Relief Programs (2026)

ANCHOR vs. Senior Freeze vs. Stay NJ side by side: eligibility, amounts, income limits, and payment dates — and how the three programs stack together.

By NJ Programs Editorial TeamUpdated 6 min read

Quick answer

What's the difference between ANCHOR, Senior Freeze, and Stay NJ?

ANCHOR pays a flat amount ($450–$1,750) to most homeowners and renters. The Senior Freeze reimburses seniors and disabled homeowners for tax increases above their base year. And Stay NJ tops up senior homeowners so total relief reaches 50% of the bill (max $6,500). They stack — seniors apply to all three with one PAS-1, due November 2, 2026.

Key takeaways

  • The programs stack, not compete — most eligible seniors should collect all three, from one PAS-1 filing.
  • ANCHOR = flat benefit for nearly everyone; Senior Freeze = protection against increases; Stay NJ = the 50% top-up.
  • Each has a different income test: $250k/$150k (ANCHOR), $172,475 counting Social Security (Senior Freeze), under $500k (Stay NJ).
  • Renters get ANCHOR only; under-65 disabled homeowners get ANCHOR + Senior Freeze; 65+ homeowners can get all three.
  • Estimate your combined total in the relief calculator.
On this page

The master comparison table (2025 benefit year)

ANCHOR vs Senior Freeze vs Stay NJ, 2025 benefit year
FeatureANCHORSenior FreezeStay NJ
WhoHomeowners & renters, any ageHomeowners 65+ or on Social Security disabilityHomeowners 65+ only
Amount$1,000–$1,750 (owners); $450–$700 (renters)Your tax increase above the base year (varies)Top-up to 50% of bill, max $6,500
Income limit$250,000 owners / $150,000 renters (excl. Social Security)$172,475 (2025) & $168,268 (2024), incl. Social SecurityUnder $500,000
Tenure ruleResident on October 1, 2025Owned & lived in home since Dec 31, 2022Owned & occupied all of 2025
ApplicationAuto-filed (under 65) or PAS-1 (65+/disabled)PAS-1 onlyPAS-1 only
PaymentOne payment, rolling from ~Sept 2026One payment, waves July–Dec 2026Quarterly installments from ~Feb 2027
Grows over time?No — amounts set per yearYes — as taxes rise above your base yearWith your bill, up to the cap

Deep dives on each pair: ANCHOR vs. Senior Freeze and Stay NJ vs. Senior Freeze.

Which programs apply to you

Program eligibility by situation
Your situationANCHORSenior FreezeStay NJ
Homeowner 65+ (income ≤ $172,475)✓ (with 3-year rule)
Homeowner 65+ (income $172,476–$250,000)
Homeowner 65+ (income $250,001–$499,999)
Homeowner under 65 on Social Security disability✓ (with 3-year rule)
Homeowner under 65, no disability (≤ $250,000)
Renter 65+ (income ≤ $150,000)✓ ($700)
Renter under 65 (income ≤ $150,000)✓ ($450)

Two-minute personalized version: the eligibility checker.

How the three stack on one tax bill

Example: 74-year-old homeowner, $10,000 property tax bill, $95,000 income, base year 2018 at $8,200.

  • ANCHOR: $1,750 (65+, income ≤ $150,000).
  • Senior Freeze: $10,000 − $8,200 = $1,800.
  • Stay NJ: 50% × $10,000 = $5,000 target; $5,000 − $1,750 − $1,800 = $1,450, paid quarterly.
  • Total: $5,000 — exactly half the bill, delivered by three programs on three schedules.

Comparison mistakes that cost people money

  • “I got ANCHOR, so I’m done.” For a senior, ANCHOR is often the smallest of the three. The PAS-1 captures the rest.
  • “My income is too high for relief.” Maybe for ANCHOR and the Senior Freeze — but Stay NJ runs to $500,000.
  • “Senior Freeze isn’t worth it — my first check would be tiny.” The first check is the price of locking a base year; the value compounds annually.
  • “I’m disabled, so I get everything the 65+ crowd gets.” Disability unlocks ANCHOR and the Senior Freeze — but not Stay NJ.

Frequently asked questions

Can I really get all three NJ property tax relief programs at once?

Yes — a 65+ homeowner meeting each program’s rules receives all three in the same benefit year, coordinated so total relief reaches (but doesn’t exceed) the 50% target or the sum of the stacked benefits, whichever is higher.

Which NJ property tax relief program pays the most?

It depends on your history. Long-time Senior Freeze filers with early base years often collect the most from that program; recent buyers and higher earners get more from Stay NJ; renters and under-65 homeowners have ANCHOR only. Run the calculator for your numbers.

Do the benefits reduce each other?

Only Stay NJ adjusts — it’s calculated last and shrinks as ANCHOR and the Senior Freeze grow, keeping total relief at the 50% target. ANCHOR and the Senior Freeze never reduce each other, and your combined total is never lowered by claiming more programs.

Is there one application for all three programs?

For seniors and disabled residents, yes — Form PAS-1, due November 2, 2026. Under-65, non-disabled residents are covered by ANCHOR’s auto-file process and can’t claim the other two programs anyway.

Sources

This guide was fact-checked against the following official sources:

Last reviewed · See our editorial policy for how guides are fact-checked and corrected.

What changed on this page
  • Initial publication with the 2025 benefit-year master comparison table, verified against NJ Division of Taxation program guidance.