New Jersey Residents: $1,750 Stimulus Checks Are Coming This December—Here’s How Soon You’ll Get Yours

The Division of Taxation in New Jersey has accepted online ANCHOR Program applications from 2024 until December 6, 2024. The authorities plan to release the December 2024 payment into beneficiaries’ bank accounts. If you have submitted your application, you are also eligible for a $1750 stimulus grant from the state. Check out this page to find out how long you must wait to receive your ANCHOR payment in NJ, including formal statements from authorities, the date of payment, and other details.

$1750 NJ Stimulus Payment 2024:

Economical New Jersey Communities for Homeowners and Renters (ANCHOR) is a property tax relief initiative that provides financial aid to New Jersey citizens. In 2024, the scheme will give one-time payments ranging from $450 to $700 to renters and homeowners, with benefits dependent on income and age.

Homeowners making less than $150,000 can receive $1,500, while those over 65 can receive $1,750. The program is intended to help those who use their property as their primary residence and meet certain income requirements. Applications can be submitted online or by mail, and many past beneficiaries have their applications automatically filed. The deadline for new applications was December 6, 2024, and payments are made on a rolling basis beginning in November. The ANCHOR program had become a significant source of property tax relief for millions of New Jersey residents, demonstrating the state’s commitment to accessibility.

How can I check my ANCHOR Benefits status?

However, the authority delivered the amount within 90 days of receiving applications. However, applicants can check their benefits status anytime through this website. So, if you are also waiting for your December payment, you can check this section to find out your status:

• Visit the ANCHOR information page: nj.gov/treasury/taxation/anchor
• Scroll down and click “Check Benefit Status.”
• Choose the benefit year you want to check.
• Enter your Social Security number, ITIN, and zip code.
• The system will notify you whether your application is being processed or if there is no record of your application.