« Return to search form

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.

2019 | 2018 | 2017 | 2016 | 2015

New Jersey 2019 Revenue Lost to Tax Abatement Programs


Population in 2019 : not available
Total Revenue Lost: 
$431,709,709

Concerned about the lack of disclosure? We have created institutional schematics for the implementation of GASB Statement No. 77 on Tax Abatement Disclosures in the 50 states and DC: Learn who's in charge of compliance in our ROADMAP PROJECT. 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.

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 Program Technology; entrepreneurship $7,700,000
Business Employment Incentive Program Job creation/retention $50,840,000
Business Retention and Relocation Assistance Grant Program Business incentive $0
Economic Redevelopment and Growth Program Debt service $34,379,000
Grow New Jersey Assistance Program Job creation/retention; capital investment $119,445,000
Public Infrastructure Projects Public infrastructure investment $0
Technology Business Tax Certificate Transfer Program Small businesses $60,000,000
Urban Transit Hub Tax Credit Program Transportation $35,972,000
TABULATED STATE-LEVEL TOTAL $308,336,000

Tabulated localities and districts

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

Reporting Jurisdiction Jurisdiction Type Gross Revenue Loss
Elizabeth Municipality $29,030,351
Alloway Twp School District School District $0
Audubon Public School Disrict School District $0
Barrington School District School District $959,164
Bayonne School District School District $16,091,790
Bellmawr Public School District School District $177,411
Bergenfield Borough School District School District $248,670
Berlin Borough School District School District $91,690
Berlin Township School District School District $86,172
Bernards Township School District School District $478,527
Black Horse Pike Regional School District School District $0
Bound Brook School District School District $704,982
Bridgeton City School District School District $282,129
Brooklawn Public School District School District $0
Burlington City Public School District School District $30,389
Burlington Township Board Of Education School District $657,187
Caldwell-West Caldwell School District School District $255,640
Cape May City School District School District $0
Cape May Point School District School District $0
Chester School District School District $24,765
Cinnaminson Township Public Schools School District $748,019
Clifton Public School District School District $1,776,318
Closter Public School District School District $69,001
Collingswood Public School District School District $1,459,932
Corbin City School District School District $0
Cranford Public School District School District $0
Delanco Township School District School District $296,485
Delran Township School District School District $0
Delsea Regional High School District School District $0
Dover Public School District School District $98,002
East Brunswick Township School District School District $862,908
Edgewater Park Township School District School District $740,078
Edgewater School District School District $0
Elizabeth Public Schools School District $5,703,270
Elk Township School District School District $0
Fort Lee School District School District $0
Freehold Borough School District School District $1,056,480
Freehold Regional High School District School District $621,857
Gateway Regional School District School District $3,976
Glassboro School District School District $10,487,384
Gloucester Township School District School District $924,369
Hackettstown Public School District School District $103,031
Haddon Heights School District School District $218,717
Haddonfield School District School District $0
Hamilton Township Public School District School District $441,347
Hanover Park Regional High School District School District $201,440
Harrison Township School District School District $465,128
Hasbrouck Heights School District School District $0
Highland Park Boro School District School District $0
Hillsdale School District School District $138,762
Hopewell Valley Regional School District School District $685,900
Hunterdon Central Regional High School District School District $0
Irvington Public Schools District School District $244,325
Jackson Township School District School District $184,378
Jamesburg Public School District School District $0
Leonia Public School District School District $197,592
Livingston Board Of Education School District School District $900,751
Long Branch Public School District School District $548,902
Lopatcong Township School District School District $103,121
Lower Cape May Regional School District School District $118,355
Lower Township Elementary School District School District $118,355
Madison Public School District School District $688,177
Magnolia School District School District $161,013
Manchester Township School District School District $0
Mantua Township School District School District $0
Maple Shade School District School District $351,368
Matawan-Aberdeen Regional School District School District $2,136,552
Merchantville School District School District $34,383
Monmouth County Vocational School District School District $0
Monroe Township Public School District School District $195,029
Monroe Township School District School District $0
Montclair Public School District School District $2,795,834
Morris Hills Regional School District School District $312,352
Mount Arlington Public School District School District $156,135
Mount Laurel Township School District School District $201,679
Mount Olive Township School District School District $0
Mountainside School District School District $0
National Park Boro School District School District $0
Neptune Township School District School District $445,997
Newark Public School District School District $0
Newton Public School District School District $1,663,826
North Brunswick Township School District School District $0
Northern Highlands Regional High School District School District $0
Oaklyn Public School District School District $0
Oldmans Township School District School District $0
Orange Board Of Education School District School District $0
Park Ridge School District School District $75,162
Parsippany-Troy Hills Township School District School District $726,179
Passaic City School District School District $2,638,133
Pennsauken Township Board Of Education School District School District $435,413
Pequannock Township School District School District $138,345
Piscataway Township School District School District $0
Pitman Boro School District School District $0
Princeton Public Schools School District $5,916,867
Quinton Township School District School District $0
Riverton School District School District $0
Salem City School District School District $349,744
Sayreville School District School District $3,967,346
School District Of The Chathams School District $0
Scotch Plains-Fanwood School District School District $790,149
Somerdale School District School District $130,863
TABULATED LOCALITY AND DISTRICT TOTAL $123,373,709

Local government reporting rate

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: 118 out of 597 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.