New Jersey seniors who qualified for the state’s new Stay NJ property tax relief program are beginning to receive a second round of benefit payments, the Treasury Department announced today.

The state Division of Taxation has started mailing the second quarterly installment of Stay NJ benefits to eligible residents who applied through the combined PAS-1 application for Stay NJ, ANCHOR and Senior Freeze benefits for tax year 2024.

According to the Treasury Department, the average second payment totals $645.58, following an average first installment of approximately $600 distributed in February. Stay NJ benefits are issued quarterly rather than as a lump-sum payment.

The Stay NJ program is designed to reduce property tax costs for eligible senior homeowners. Benefit amounts are calculated using a formula that considers a taxpayer’s property tax bill along with eligibility for the state’s ANCHOR and Senior Freeze property tax relief programs. Payments are being distributed by paper check.

Eligible applicants received letters from the state in fall 2025 outlining the benefits they qualified for under each program. Depending on income and other eligibility requirements, residents may have qualified for one, two or all three relief programs. Senior Freeze benefits were distributed during summer 2025, while ANCHOR payments were issued in the fall.

State officials also noted that applications are currently being accepted for the 2025 tax year. Seniors and disabled residents can apply through the PAS-1 combined application at propertytaxrelief.nj.gov. The filing deadline is November 2, 2026.

The Treasury Department said the continuation of New Jersey’s property tax relief programs remains subject to state budget appropriations.

Taxpayers seeking assistance can visit one of the state Division of Taxation’s regional information centers, schedule a telephone appointment with a representative, use the agency’s online virtual assistant, or call the Property Tax Relief Hotline at 1-888-238-1233.