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New Jersey residents have been eagerly awaiting their ANCHOR property tax benefit. The benefits, which are for the 2021 tax year, will pay up to $1,500 to homeowners and $450 for renters, with senior homeowners and renters getting an extra $250. While many parts of the program are the same as past years, there are some important changes taxpayers should know. First, the Treasury Department will send notification letters on Aug. 19 to 1.5 million New Jersey taxpayers. The letters will tell recipients — both homeowners and renters whose eligibility information the state already has — that their …

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