New Jersey homeowners are expected to see higher property tax bills in 2026, even as the state rolls out a new relief program for seniors. Average property taxes across the Garden State are expected to top $10,000 this year, continuing a trend of consistently rising costs.
New Jersey has the highest property taxes in the country already.
The Stay NJ program is aimed at helping residents age 65 and older manage rising costs. Eligible seniors can receive significant tax reductions, covering up to 50 percent of a property tax bill, capped at around $6,500. State officials say the program is designed to work alongside existing initiatives like ANCHOR and the Senior Freeze.
Payments under Stay NJ are expected to begin on a quarterly schedule in early 2026, giving qualifying homeowners more predictable relief throughout the remainder of the year. The program represents the state’s most substantial effort to directly reduce property taxes for seniors, a group often on fixed incomes and most affected by rising costs.
Other longstanding relief programs continue to operate. ANCHOR provides rebates to homeowners and renters based on income, while Senior Freeze reimburses eligible seniors for annual increases in their property taxes. All residents are encouraged to check for eligibility.
Homeowners can learn more about Stay NJ and other property tax relief programs by visiting the New Jersey Department of Treasury website.
The New Jersey Digest is a new jersey magazine that has chronicled daily life in the Garden State for over 10 years.