My ANCHOR benefit is wrong. What can I do?

Photo: pixabay.com

Q. I only received $1,500 for ANCHOR but I am supposed to get $1,750. How do I get the rest of my money?
— Homeowner

A. You are among dozens who have reached out to say they received the wrong benefit.

But in this case, as for the other readers who said they were shortchanged, you are wrong.

When the Legislature passed the new state budget in July, it eliminated the $250 bonus ANCHOR payment that was given to senior citizens in years past.

So the largest ANCHOR benefit you can get is the $1,500 you received.

The Legislature did keep the $250 bonus for senior renters, making their top benefit $700.

You can check the status of your benefit on the state website at propertytaxreliefstatus.nj.gov or email v if you have questions.

Email your questions to .

This story was originally published in September 2026. 

NJMoneyHelp.com presents certain general financial planning principles and advice, but should never be viewed as a substitute for obtaining advice from a personal professional advisor who understands your unique individual circumstances.

Tags: