« Return to search form

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

Change year to:

All | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015

New Jersey Revenue Lost to Tax Abatement Programs


Total Revenue Lost$3,815,683,078

Download results as CSV or XML

State-level programs

Click on the name of a program for more details.

YearProgram NameProgram TypeGross Revenue Loss
2017Angel Investor Tax Credit ProgramGeneral Economic Development$9,739,000
2018Angel Investor Tax Credit ProgramTechnology (various)$12,399,000
2019Angel Investor Tax Credit ProgramTechnology (various)$7,700,000
2021Angel Investor Tax Credit ProgramTechnology (various)$14,945,000
2022Angel Investor Tax Credit ProgramTechnology (various)$20,244,000
2018Business Employment Incentive ProgramJob Creation/Retention$8,412,000
2019Business Employment Incentive ProgramJob Creation/Retention$50,840,000
2020Business Employment Incentive ProgramTechnology (various)$45,860,000
2021Business Employment Incentive ProgramTechnology (various)$44,132,000
2022Business Employment Incentive ProgramTechnology (various)$116,433
2017Business Retention and Relocation Assistance Grant Program (BRRAG)General Economic Development$14,766,000
2018Business Retention and Relocation Assistance Grant Program (BRRAG)Business attraction/retention/expansion$13,057,000
2020Business Retention and Relocation Assistance Grant Program (BRRAG)Business attraction/retention/expansion$5,922,000
2017Economic Redevelopment and Growth (ERG) ProgramGeneral Economic Development$8,057,000
2018Economic Redevelopment and Growth (ERG) ProgramDebt service$22,457,000
2019Economic Redevelopment and Growth (ERG) ProgramDebt service$34,379,000
2020Economic Redevelopment and Growth (ERG) ProgramBusiness attraction/retention/expansion$62,523,000
2021Economic Redevelopment and Growth (ERG) ProgramBusiness attraction/retention/expansion$52,248,000
2022Economic Redevelopment and Growth (ERG) ProgramBusiness attraction/retention/expansion$72,032,000
2022Film and Digital Media Tax Credit ProgramFilm, TV, and/or media$7,397,000
2017Grow New Jersey Assistance Program (GROW NJ)General Economic Development$54,451,000
2018Grow New Jersey Assistance Program (GROW NJ)Job Creation/Retention$131,682,000
2019Grow New Jersey Assistance Program (GROW NJ)Job Creation/Retention$119,445,000
2020Grow New Jersey Assistance Program (GROW NJ)Job Creation/Retention$133,126,000
2021Grow New Jersey Assistance Program (GROW NJ)Job Creation/Retention$163,652,000
2022Grow New Jersey Assistance Program (GROW NJ)Job Creation/Retention$222,681,000
2021Other Abatement ProgramsGeneral Economic Development$604,000
2018Public Infrastructure ProjectsInfrastructural development$15,000,000
2020Public Infrastructure Projects; Film and Digital Media Tax Credit Program; Angel Investor Tax Credit ProgramFilm, TV, and/or media$2,380,000
2017Technology Business Tax Certificate Transfer (NOL) ProgramGeneral Economic Development$35,221,000
2018Technology Business Tax Certificate Transfer (NOL) ProgramSmall business development$45,041,000
2019Technology Business Tax Certificate Transfer (NOL) ProgramSmall business development$60,000,000
2020Technology Business Tax Certificate Transfer (NOL) ProgramTechnology (biotech)$60,000,000
2021Technology Business Tax Certificate Transfer (NOL) ProgramTechnology (biotech)$55,831,000
2022Technology Business Tax Certificate Transfer (NOL) ProgramTechnology (biotech)$56,120,000
2017Urban Transit Hub Tax Credit Program (HUB)General Economic Development$86,925,000
2018Urban Transit Hub Tax Credit Program (HUB)Transportation$110,692,000
2019Urban Transit Hub Tax Credit Program (HUB)Transportation$35,972,000
2020Urban Transit Hub Tax Credit Program (HUB)Capital investment$86,454,000
2021Urban Transit Hub Tax Credit Program (HUB)Capital investment$106,385,000
2022Urban Transit Hub Tax Credit Program (HUB)Capital investment$97,436,000
TABULATED STATE-LEVEL TOTAL$2,186,323,433

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 Jurisdiction sort iconJurisdiction TypeGross Revenue Loss
Winslow Township School DistrictSchool District$2,946,516
Willingboro Township School DistrictSchool District$178,782
Willingboro School DistrictSchool District$1,116,770
Wharton Borough School DistrictSchool District$968,871
Westville Boro School DistrictSchool District$3,976
Westampton Township School DistrictSchool District$440,656
West Windsor-Plainsboro School DistrictSchool District$225,924
West Windsor-Plainsboro Regional School DistrictSchool District$2,192,308
West Orange TownshipMunicipality$2,987,064
West Morris Regional High School DistrictSchool District$13,785
Wayne Township School DistrictSchool District$2,642,759
Wayne TownshipMunicipality$4,119,122
Washington Township School DistrictSchool District$757,827
Wall Township School DistrictSchool District$211,200
Upper Deerfield Township School DistrictSchool District$147,369
Trenton School DistrictSchool District$16,365,779
Township Of Union School DistrictSchool District$956,325
Toms River TownshipMunicipality$4,441,759
Toms River Regional School DistrictSchool District$1,506,196
Spotswood School DistrictSchool District$364,281
Sparta Township School DistrictSchool District$612,829
South River School DistrictSchool District$327,621
South River Borough School DistrictSchool District$233,356
South Orange-Maplewood School DistrictSchool District$9,172,301
Somerdale School DistrictSchool District$130,863
Scotch Plains-Fanwood School DistrictSchool District$790,149
Scotch Pines-Fanwood Regional School DistrictSchool District$751,643
Sayreville School DistrictSchool District$3,967,346
Salem School DistrictSchool District$36,280
Salem City School DistrictSchool District$349,744
Rancocas Valley Regional High SchoolSchool District$15,856
Princeton School DistrictSchool District$5,916,867
Pequannock Township School DistrictSchool District$138,345
Pennsauken Township Board Of Education School DistrictSchool District$435,413
Pennsauken TownshipMunicipality$63,375
Passaic City School DistrictSchool District$2,638,133
Parsippany-Troy Hills Township School DistrictSchool District$726,179
Park Ridge School DistrictSchool District$75,162
North Brunswick Township School DistrictSchool District$2,164,714
Newton School DistrictSchool District$3,060,660
Neptune Township School DistrictSchool District$615,718
Mt Olive Township School DistrictSchool District$367,419
Mount Laurel Township School DistrictSchool District$201,679
Mount Laurel Township School DistrictSchool District$157,713
Mount Arlington School DistrictSchool District$156,135
Morris Hills Regional School DistrictSchool District$585,990
Morris CountyCounty$504,000
Montclair Township School DistrictSchool District$2,035,695
Montclair TownshipMunicipality$3,807,377
Montclair School DistrictSchool District$2,795,834
Monroe Township School DistrictSchool District$377,704
Middlesex CountyCounty$11,157,031
Merchantville School DistrictSchool District$34,383
Matawan-Aberdeen School DistrictSchool District$652,599
Matawan-Aberdeen Regional School DistrictSchool District$2,136,552
Maple Shade School DistrictSchool District$830,909
Magnolia School DistrictSchool District$161,013
Madison School DistrictSchool District$688,177
Madison Borough School DistrictSchool District$42,459
Lower Township Elementary School DistrictSchool District$118,355
Lower Cape May Regional School DistrictSchool District$220,798
Lopatcong Township School DistrictSchool District$103,121
Long Branch School DistrictSchool District$2,338,630
Livingston Board Of EducationSchool District$900,751
Leonia School DistrictSchool District$197,592
Jersey City Public Schools School District$381,659,212
Jersey CityMunicipality$586,471,656
Jackson Township School DistrictSchool District$363,215
Jackson TownshipMunicipality$319,580
Irvington School District DistrictSchool District$244,325
Hudson CountyCounty$309,063,538
Hopewell Valley Regional School DistrictSchool District$685,900
Hillsdale School DistrictSchool District$138,762
Highland Park Borough School DistrictSchool District$738,443
Harrison Township School DistrictSchool District$465,128
Hanover Park Regional High School DistrictSchool District$201,440
Hamilton Township School DistrictSchool District$500,805
Haddon Township School DistrictSchool District$285,135
Haddon Heights School DistrictSchool District$218,717
Hackettstown School DistrictSchool District$200,947
Gloucester Township School DistrictSchool District$1,937,535
Glassboro School DistrictSchool District$15,555,521
Gateway Regional School DistrictSchool District$3,976
Freehold Regional High School DistrictSchool District$621,857
Freehold Borough School DistrictSchool District$1,634,376
Fort Lee School DistrictSchool District$0
Elizabeth School DistrictSchool District$36,731,831
Edison School DistrictSchool District$3,950,714
Edgewater Park Township School DistrictSchool District$1,465,148
East Windsor Regional School DistrictSchool District$357,301
East Brunswick Township School DistrictSchool District$862,908
East Brunswick School DistrictSchool District$473,598
Dover School DistrictSchool District$98,002
Delanco Township School DistrictSchool District$296,485
Cranford School DistrictSchool District$0
Collingswood School DistrictSchool District$3,592,620
Closter School DistrictSchool District$69,001
Clifton School DistrictSchool District$1,776,318
City of TrentonMunicipality$8,470,740
City of South AmboyMunicipality$989,155
City of SomervilleMunicipality$258,164
TABULATED JURISDICTION TOTAL$1,629,359,645