By: Richard L. Smith
As the cost of living continues to weigh on many New Jersey homeowners, a new statewide initiative is beginning to provide tangible financial relief.
According to a report from the State of New Jersey Department of the Treasury, the Stay NJ property tax relief program has begun issuing rebate checks to eligible residents, offering assistance with the state’s high property tax burden.
The Stay NJ program, established by state law and rolled out in phases, is designed to help long-time New Jersey residents remain in their homes despite rising property taxes.
The program primarily targets senior homeowners and residents receiving disability benefits who are often living on fixed incomes.
Under the program, eligible homeowners who are 65 years of age or older, or who receive Social Security disability benefits, may qualify for reimbursement of up to 50 percent of their property tax bill, with a maximum annual benefit of up to $6,500, depending on eligibility and funding levels.
State officials have confirmed that rebate payments are being distributed to qualifying residents, with checks mailed directly to approved applicants.
These payments are intended to offset property tax costs and provide immediate financial relief during a time when many households are facing increased expenses.
To streamline access to relief, New Jersey has implemented a single combined application that allows residents to apply for Stay NJ alongside other property tax relief programs, including ANCHOR and the Senior Freeze Property Tax Reimbursement.
Officials say the unified process is meant to reduce confusion and ensure residents receive all benefits for which they qualify.
With New Jersey continuing to rank among the states with the highest property taxes in the nation, state leaders say the Stay NJ program represents a meaningful step toward helping residents remain in their homes and communities.
Eligible homeowners are encouraged to review program requirements and application deadlines through official State of New Jersey resources.