The Garden State Giveback: Navigating NJ Property Tax Benefits

With headlines full of tariffs and political drama, it’s easy to miss a major win for New Jersey homeowners, especially retirees. In this episode of Your Money & Your Life, Don and Marc shine a spotlight on the 2025 NJ property tax relief programs that could save residents thousands of dollars. From the long-standing Property Tax Freeze program to the more recent ANCHOR rebate and the brand-new Stay NJ benefit, the guys break down who qualifies, how the programs work, and what’s changed. 

 

Here’s some of what we discuss in this episode:

🧾 NJ’s 3 Key Property Tax Relief Programs

📦 Why NJ is fighting to keep retirees from moving away

🏡 Stay NJ: Up to $6,500 in annual property tax relief

🔍 A few nuances of these property tax programs

📅 Key deadline: PAS-1 form due by October 31, 2025

 

Resources for this episode:

The Stay NJ Program –

https://www.nj.gov/treasury/taxation/staynj/index.shtml

NJ PAS-1 form (The unified Property Tax Freeze, Anchor Rebate and Stay NJ Program)–

https://www.nj.gov/treasury/taxation/pdf/24-pas1cp.pdf

NJ Income Tax Rates –

https://blog.turbotax.intuit.com/income-tax-by-state/new-jersey-109037/

NJ Income Tax for Seniors –

https://www.nj.gov/treasury/taxation/njit7.shtml

 

Get in touch with Don and learn more: https://doncashpodcast.com/