Urban Enterprise Zone

Benefits


  • Reduced retail sales tax of 3.5% for retail vendors
  • Exemption from state sales tax for property and services at business locations, including construction materials
  • Unemployment insurance tax offset for first four years
  • Credit against the corporation Business Tax Act liability of $1,500 per employee
  • Priority in state financing programs
  • Job skill training
  • Six-year municipal real estate tax abatement program

Application


An application must be completed in order to enjoy the benefits of the Urban Enterprise Zone. For an application, please contact Nilsa Rosario at (856) 794-4000 Ext. 4622.