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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$569,727,709

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State-level programs

Click on the name of a program for more details.

YearProgram NameProgram Type sort iconGross Revenue Loss
2018Business Retention and Relocation Assistance Grant Program (BRRAG)Business attraction/retention/expansion$13,057,000
2018Economic Redevelopment and Growth (ERG) ProgramDebt service$22,457,000
2018Public Infrastructure ProjectsInfrastructural development$15,000,000
2018Business Employment Incentive ProgramJob Creation/Retention$8,412,000
2018Grow New Jersey Assistance Program (GROW NJ)Job Creation/Retention$131,682,000
2018Technology Business Tax Certificate Transfer (NOL) ProgramSmall business development$45,041,000
2018Angel Investor Tax Credit ProgramTechnology (various)$12,399,000
2018Urban Transit Hub Tax Credit Program (HUB)Transportation$110,692,000
TABULATED STATE-LEVEL TOTAL$358,740,000

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$51,148,721
Middlesex CountyCounty$3,134,767
Jersey CityMunicipality$102,610,573
Toms River TownshipMunicipality$475,173
Edison School DistrictSchool District$440,003
Elizabeth School DistrictSchool District$5,711,883
Jersey City Public Schools School District$47,466,589
TABULATED JURISDICTION TOTAL$210,987,709