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Please note that data are cataloged by fiscal years -- you can switch to different years using the links below. For more info see our user guide.

2020 | 2019 | 2018 | 2017 | 2016 | 2015

New Jersey 2017 Revenue Lost to Tax Abatement Programs


Total Revenue Lost: 
$354,142,492
Download results as CSV or XML

State-level programs

Click on the name of a program for more details.

Program Name Program Type Revenue Loss
Angel Investor Tax Credit Economic development $9,739,000
Busi. Retention & Relocation Assistance Grant Program Economic development $14,766,000
Economic Redev & Growth Program Economic development $8,057,000
Grow New Jersey Assistance Program Economic development $54,451,000
Technology Bus. Tax Certificate Transfer Program Economic development $35,221,000
Urban Transit Hub Tax Crdit Program Economic development $86,925,000
TABULATED STATE-LEVEL TOTAL $209,159,000

Tabulated localities and districts

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

We estimated the reporting rate among local governments for each state using 2018 and 2019 data. This is to gauge how much data is available in that state.

For New Jersey, the estimated reporting rate is as follows:

Cities/counties: 26 out of 57 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.

School districts: 121 out of 562 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.

Concerned about the lack of disclosure? Check out the roadmap on GASB 77 compliance we created for NJ. You can also get a CSV file of the localities in NJ that did not make any tax abatement disclosures in their annual financial reports.

Local government / school district financial audits are posted here.

Reporting Jurisdiction Jurisdiction Type Gross Revenue Loss
Hudson County County $53,273,047
Bellmawr School District School district $168,022
Bernards Township School District School district $196,032
Black Horse Pike Regional School District School district $0
Bound Brook School District School district $619,998
Bridgeton City School District School district $382,215
Burlington City School District School district $27,050
Burlington Township Board of Education School district $1,272,786
Caldwell-West Caldwell School District School district $254,341
Cinnaminson Township School District School district $256,504
Collingswood School District School district $2,132,688
East Brunswick School District School district $473,598
East Windsor Regional School District School district $357,301
Edgewater Park Township School District School district $725,070
Edison School District School district $41,116
Elizabeth School District School district $5,270,784
Freehold Borough School District School district $577,896
Glassboro School District School district $5,068,137
Gloucester Township School District School district $1,013,166
Hackettstown School District School district $97,916
Haddon Township School District School district $285,135
Hamilton Township School District School district $59,458
Highland Park Borough School District School district $738,443
Jackson Township School District School district $178,837
Jersey City School District School district $51,950,931
Long Branch School District School district $1,789,728
Lower Cape May Regional School District School district $102,443
Madison Borough School District School district $42,459
Maple Shade School District School district $479,541
Matawan-Aberdeen School District School district $652,599
Monroe Township School District School district $182,675
Montclair Township School District School district $2,035,695
Morris Hills Regional School District School district $273,638
Mount Laurel Township School District School district $157,713
Mt Olive Township School District School district $367,419
Neptune Township School District School district $169,721
Newton School District School district $1,396,834
North Brunswick Township School District School district $2,164,714
Rancocas Valley Regional High School School district $15,856
Salem School District School district $36,280
Scotch Pines-Fanwood Regional School District School district $751,643
South Orange-Maplewood School District School district $3,244,056
South River Borough School District School district $233,356
Sparta Township School District School district $331,800
Toms River Regional School District School district $564,563
Trenton School District School district $866,407
Washington Township School District School district $757,827
Wayne Township School District School district $1,298,403
West Windsor-Plainsboro School District School district $225,924
Willingboro Township School District School district $178,782
Winslow Township School District School district $1,242,945
TABULATED LOCALITY AND DISTRICT TOTAL $144,983,492