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New Jersey Business Credits and Incentives

Urban Transit Hub

Funds only legacy New Jersey transit-hub facility investments and job creation through ten-year tax credits.

DiscontinuedNew Jersey Division of TaxationUnited StatesDeep-tech · adjacent

Eligibility · New Jersey taxpayers and qualifying New Jersey project activity

The New Jersey Economic Development Authority administered the Urban Transit Hub Tax Credit for major business-facility investment at eligible transit locations. A facility business generally needed at least USD 50 million of capital investment, while a tenant could qualify through at least USD 17.5 million invested in its leased area. The project also required 250 new full-time employees subject …

Former major capital projects at approved urban transit hubs, including qualifying business facilities, tenants and new full-time employment.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.No fixed schedule
Next deadlineiThe next date applications are due. Rolling means you can apply any time.—
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Tax credit
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.—
Funding pooliThe total budget available across all awards in this round.—

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Last verified: 4 Aug 2026Source: www.nj.gov