MPS Hosting Tax Relief Presentation

MPS Hosting Tax Relief Presentation
Posted on 01/03/2023
Montclair Public Schools will host a free presentation by the New Jersey Department of the Treasury about the state's two tax relief programs, ANCHOR and Senior Freeze, on Wednesday, January 4, at 12 noon at the Wally Choice Community Center. 

Eligible Montclair residents will be able to apply for ANCHOR benefits on-the-spot, assisted by Treasury representatives. ANCHOR (formerly the Homestead Benefit Program) offers up to $1,500 in property tax relief for those who owned hones in 2019, depending on their income, and $450 to eligible renters from the same year. Payments will be sent by the late spring, according to the state. The deadline for applying is January 31. 

A Treasury representative will also explain the requirements and benefits of the Senior Freeze program, which reimburses eligible homeowners for annual property tax increases following their first year in the program. Attendees who sign up will be sent application materials when the new application becomes available in February. 
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