Stay NJ Payment Schedule: Quarterly Installments
Stay NJ pays in four quarterly installments — February, May, August, and November 2026 for the 2024 benefit year, and February to November 2027 for the 2025 benefit year.
Quick answer
When does Stay NJ pay?
Stay NJ pays in four equal quarterly installments. For the program’s first benefit year (2024), installments are paid around February 15, May 15, August 15, and November 15, 2026. Payments for the 2025 benefit year — the PAS-1 you file by November 2, 2026 — go out in February, May, August, and November 2027, according to the Division of Taxation’s payment schedule.
Key takeaways
- Four equal installments per benefit year — roughly February 15, May 15, August 15, November 15 — timed near quarterly property tax due dates.
- The 2024 benefit year’s final installment is due around November 15, 2026; the third was scheduled around August 15.
- 2025-year payments (from the current PAS-1 season) go out in February, May, August, and November 2027.
- Stay NJ pays about a year behind the benefit year — that lag is by design, not a delay in your application.
- Direct deposit set on your PAS-1 applies to every installment; checks add mail time each quarter.
On this page
The installment calendar
| Benefit year | Application | Installments |
|---|---|---|
| 2024 (first ever) | 2024 PAS-1 (filed 2025) | ~Feb 15, May 15, Aug 15, Nov 15, 2026 |
| 2025 (current season) | 2025 PAS-1 — due Nov 2, 2026 | Feb, May, Aug, Nov 2027 |
Each installment is one quarter of your annual benefit: a $4,000 Stay NJ benefit arrives as four payments of $1,000. The quarterly rhythm intentionally mirrors New Jersey’s property tax quarters (due February 1, May 1, August 1, November 1), so relief lands roughly when bills do.
Direct deposit vs. check, every quarter
- Direct deposit: chosen once on your online PAS-1, applies to all four installments — each lands within days of the issue date.
- Paper checks:mailed each quarter; add 1–3 weeks per installment, four times a year. If you’re on paper, this is the strongest argument for switching to online filing next season.
Changed banks or moved mid-cycle? Update your details with the Division (1-800-323-4400 automated, or the property tax relief hotline at 1-888-238-1233) before the next installment date — returned payments re-queue for reissue and can skip a cycle.
Approved mid-cycle? Here's what happens
Applications approved after the first installment date don’t lose money — missed installments are caught up. In the 2024-year cycle, homeowners approved after February received their February portion combined with a later payment. Expect the same pattern for 2025-year payments: approval in, say, May 2027 would deliver the February+May portions together, then normal quarterly payments after.
If an installment date passes with no payment and no catch-up, check your Stay NJ status — a review hold or a returned payment is the usual cause.
The appropriations caveat, honestly
Stay NJ payments depend on the legislature funding the program in each state budget. The first cycle has paid on schedule through 2026, and the Division’s payment schedule now lists the 2025-year installments for February, May, August, and November 2027. New Jersey’s fiscal year starts July 1, so the August and November 2027 installments fall in the next budget — with a program this new and this expensive, dates can still move with budget politics.
We track every confirmed funding decision and schedule change in Stay NJ program changes and post timely items in updates — check there before assuming a missed date means a problem with your application.
Frequently asked questions
What are the remaining Stay NJ payment dates in 2026?
For the 2024 benefit year, the final installment is due around November 15, 2026 (the third was scheduled around August 15). The 2025 benefit year’s installments follow in February, May, August, and November 2027.
Why is Stay NJ quarterly when ANCHOR is one payment?
The Stay NJ Act deliberately splits the benefit to align with quarterly property tax due dates — smoothing cash flow for seniors instead of one lump sum. ANCHOR and the Senior Freeze remain single annual payments.
I filed my PAS-1 in July 2026. When will my Stay NJ money arrive?
Your filing covers the 2025 benefit year, so expect the first quarterly installment in February 2027, then May, August, and November 2027 — while the same filing pays your Senior Freeze between November 2, 2026 and January 2, 2027 and ANCHOR from October 2026.
Are Stay NJ installments taxable?
Not by New Jersey — property tax relief benefits aren’t NJ taxable income. Federally, tax treatment can depend on whether you itemize and deduct property taxes; if you itemize, talk to your tax preparer about the recovery rules.
Sources
This guide was fact-checked against the following official sources:
- Property Tax Relief Status — payment schedule — NJ Division of Taxation
- Stay NJ — Property Tax Relief for Senior Citizens — NJ Division of Taxation
- NJ Treasury News — NJ Department of the Treasury
- Property Tax Relief Programs — NJ Division of Taxation
Reviewed by NJ Programs Editorial Team on · See our editorial policy for how guides are fact-checked and corrected.
What changed on this page
- — The Division of Taxation's payment schedule now lists all four 2025-benefit-year installments: February, May, August, and November 2027. Replaced the expected February 2027 start with the full schedule, and updated the 2024-year dates now that the August installment date has passed.
- — Initial publication: 2024-year quarterly installments (Feb/May/Aug/Nov 2026) and expected February 2027 start for 2025-year payments, verified against NJ Division of Taxation and Treasury announcements.
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Haris Shafique · Founder & Editor
Haris Shafique founded NJ Programs to make New Jersey's property tax relief programs easier to understand. He researches ANCHOR, the Senior Freeze, Stay NJ, and the PAS-1 application directly from NJ Division of Taxation publications and state budget documents, and updates every guide when the rules change.