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Please note that data are cataloged by fiscal years. For more info see our user guide.

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New Jersey Revenue Lost to Tax Abatement Programs


Total Revenue Lost$650,197,252

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State-level programs

Click on the name of a program for more details.

YearProgram NameProgram TypeGross Revenue Loss
2020Business Employment Incentive ProgramTechnology (various)$45,860,000
2020Business Retention and Relocation Assistance Grant Program (BRRAG)Business attraction/retention/expansion$5,922,000
2020Economic Redevelopment and Growth (ERG) ProgramBusiness attraction/retention/expansion$62,523,000
2020Grow New Jersey Assistance Program (GROW NJ)Job Creation/Retention$133,126,000
2020Public Infrastructure Projects; Film and Digital Media Tax Credit Program; Angel Investor Tax Credit ProgramFilm, TV, and/or media$2,380,000
2020Technology Business Tax Certificate Transfer (NOL) ProgramTechnology (biotech)$60,000,000
2020Urban Transit Hub Tax Credit Program (HUB)Capital investment$86,454,000
TABULATED STATE-LEVEL TOTAL$396,265,000

Tabulated localities and districts

Click on the name of jurisdiction for a list of tax abatement programs that reduced its tax revenue.

Data includes abatement information for the five most populous cities, counties, and school districts in each state (where available). If no data is shown for these top five jurisdictions, it is because they did not disclose GASB 77 tax abatement information in the Annual Comprehensive Financial Report (ACFR), the amount reported was $0, or the ACFR has not been published yet. Some states include data for additional years and jurisdictions.

Reporting JurisdictionJurisdiction TypeGross Revenue Loss
Hudson CountyCounty$55,153,579
Middlesex CountyCounty$1,368,793
City of ElizabethMunicipality$29,796,191
Jersey CityMunicipality$102,297,292
Toms River TownshipMunicipality$1,028,840
Edison School DistrictSchool District$440,003
Elizabeth School DistrictSchool District$6,653,292
Jersey City Public Schools School District$57,194,262
TABULATED JURISDICTION TOTAL$253,932,252