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Today, I’m pleased to share that the state has continued its commitment to funding StayNJ in the FY26 state budget, and the program is officially set to launch in 2026.
Here's what you need to know about StayNJ:
- Homeowners aged 65 and over may receive a 50% reimbursement of their property tax bills, up to a maximum of $13,000.
- The benefit is capped at $6,500.
- You must have owned and lived in your home for the full 12 months of 2024 and have an income below $500,000.
- Applications are open through October 31, 2025.
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Residents can now apply for StayNJ, ANCHOR, and Senior Freeze using one single application—available online at: www.nj.gov/treasury/taxation/staynj/
- Stay NJ benefits are calculated after ANCHOR and Senior Freeze benefits are determined. Payments are expected to be issued in early 2026.
If you need assistance applying for StayNJ or any of the available tax relief programs, please call 1-888-238-1233, visit online at propertytaxrelief.nj.gov or go in-person to the Freehold Division of Taxation located at 2 Paragon Way, Suite 1100, Freehold, NJ 07728.
The Township Tax Collector’s Office is available to answer questions at 732-521-4405. Monroe Township Senior Center staff are also ready to assist by appointment only. Call 609-448-7140 to schedule.
Monroe has long led the way in advocating for senior affordability. As your mayor—and previously as a member of the Township Council—I have consistently fought for meaningful property tax relief. This includes supporting and expanding programs like ANCHOR, Senior Freeze, and the Retirement Income Exemption.
These initiatives were the result of persistent advocacy and strong collaboration with lawmakers in Trenton.
I remain committed to working with state leaders to protect the interests of Monroe residents and to ensure programs like StayNJ are supported, implemented, and improved over time.
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