Just as the first Stay NJ checks arrived in mailboxes last month, the program's future has been thrown into question. The new Stay NJ tax relief is facing significant cuts in Gov. Mikie Sherrill's inaugural 2026 budget proposal.
Stay NJ is the third in a series of New Jersey property tax relief programs, including the Affordable New Jersey Communities for Homeowners and Renters (ANCHOR) program and NJ "Senior Freeze." In the last year, these programs have provided a record-breaking $4.3 billion in direct property tax relief, including $600 million from Stay NJ alone.
