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The Urban Enterprise Zone Program was enacted by the New Jersey State Legislature in 1983 to help stimulate new economic activity and reduce unemployment within the boundaries of each zone. The establishment of these zones helps provide incentives for businesses to come to these communities and occupy existing facilities or build new.
Since our inception, over 200 businesses have registered in the Roselle Urban Enterprise Zone program. The Urban Enterprise Zone is an area designated by the State UEZ Authority to revitalize critical shopping districts and industrial centers. Our mission is to create jobs, bring new business prosperity, and raise the quality of life in our community.
Zone Incentives For Businesses - Pay no state sales tax on building materials, services, and most tangible personal property.
- For each new permanent full time employee hired, businesses receive a one-time corporate tax credit of up to $1,500.
- The program allows a tax credit against the Corporate Business Tax of eight percent for investment inside the zone.
- Businesses may be eligible for priority financial assistance including low-interest loans from the New Jersey Local Development Financing fund and the Department of Labor Job Training Program.
- Sales tax revenue is placed in a Zone Assistance Fund (ZAF) and reinvested in improvement projects and further economic development.
- Qualified zone retailers are allowed to charge 3.5 percent sales tax on in person purchases-half of normal tax rate.
Advantages For Consumers - Shop in a safe, secure environment.
- Hundreds of quality stores to choose from.
- Enjoy the reduced 3.5% sales tax at participating businesses.
The staff of the Roselle Urban Enterprise Zone is here to assist you. We are here to be a resource to both our member businesses and the community. | Our Staff: | | Our Board: | Harry O. Wyatt, Jr. Coordinator
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Joanne Hoxey Assistant
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| | Mayor Garrett Smith- Chairman Joe Jardim- Roselle Business Owner Sylvia Turnage- Counciwoman Fred Anderson-UEZ Board Secretary Anthony Stevens- Roselle Resident Lamar Murray- Roselle Resident Ana Tolention, Esq.- UEZ Board Attorney
| Contact Information: Roselle Urban Enterprise Zone 210 Chestnut Street,Roselle, NJ 07203-1284 PHN: 908-259-3001 | FAX: 908-245-9508 E-Mail:
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| Web: www.uezroselle.com
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