New Delhi, Oct. 2 -- ayments for the ANCHOR program - Affordable New Jersey Communities for Homeowners and Renters - began rolling out on September 15, though residents still have time to apply for their benefits. The program aims to provide tax relief to New Jersey homeowners and renters facing high property taxes.

Residents who apply can expect to receive their ANCHOR payments within 90 days of submission. Payments are being sent on a rolling basis, with options for direct deposit available for online filers, while paper form applicants will receive checks automatically.

Applicants can track their payment status using the "check benefit status" tool available on the ANCHOR website.

Homeowners 65 or older: up to $1,750

Homeowners und...