Stay NJ, Senior Freeze & ANCHOR: How New Jersey Seniors Can Claim Up to 50% Property Tax Relief with One PAS-1 Application (Deadline: Oct 31, 2025)

What’s New:

For 2024 property taxes, New Jersey has merged three major programs – Senior Freeze, ANCHOR, and the new Stay NJ – into one single application: Form PAS-1.

Eligible homeowners age 65+ with 2024 income below $500,000 may receive up to 50% of their 2024 property tax bill (capped at $6,500 in year one, with a long-term cap of $13,000).

To qualify for 2024 relief, file Form PAS-1 by October 31, 2025. Payments are expected to begin in early 2026 after other benefits are calculated.

You can submit Form PAS‑1 online at propertytaxrelief.nj.gov or by mail.

At-a-Glance: Key Program Details

Who Qualifies?

• New Jersey homeowners age 65+ in 2024

• 2024 income below $500,000

• Lived in (or paid PILOT for) their home for all of 2024 (mobile homes excluded)

Next Steps for Clients

1. Confirm eligibility – age, income, residency

2. Gather documents – 2024 tax bill or PILOT statement, proof of age, 2024 NJ-1040

3. File Form PAS‑1 online at propertytaxrelief.nj.gov or by mail

4. Monitor application status using NJ’s online tools