Urban Enterprise Zone

For assistance with Urban Enterprise Zone, please contact:

Elizabeth DaSliva

AVP of Business Development & UEZ Coordinator

Office: (973) 273-1040
Email: edasilva@investnewark.org

New Jersey’s Urban Enterprise Zone Program (UEZ) stimulates new economic activity and generates jobs in neighborhoods throughout the Garden State. Since UEZ was established in Newark in 1985, over 700 businesses have been certified and received UEZ benefits.

Comprehensive Benefits for Businesses: 
  • Receive a tax credit of up to $1,500 for each new permanent full-time employee hired
  • Earn tax-free purchases on building materials, facility expansions, upgrades, and certain personal property
  • Offer consumers a 50% discounted sales tax for in-store purchases, drawing additional shoppers to your business
  • Receive a 50% reduction in unemployment insurance taxes
  • Acquire the Energy Sales Tax Exemption for qualified manufacturing firms with at least 250 full-time employees
Participation Requirements for UEZ:
  • In order to participate in the UEZ Program, your business must be:
    • Registered with the State of New Jersey
    • Located within the designated zone in Newark
    • Be in tax compliance with the State of NJ