The 2017 Tax Act introduced a new incentive to spur economic development in certain low-income census tracts. Egg Harbor Township has an eligible tract around the Atlantic City Airport. Opportunity Zone Funds allow investors to defer capital gains taxes by investing in developments or businesses there.
If you're a landowner or investor who wants to find out about Opportunity Zones and how this new program works, please read our factsheet on the program: Click Here for Factsheet
All Opportunity Zones in Atlantic County are shown here: Click Here for Map
If you'd like to see whether your property is located in a qualified census tract, please review the Opportunity Zone map here for the Township: Click Here for Map
For additional information on the program go to: https://www.state.nj.us/dca/divisions/lps/opp_zones.html
If you have any questions regarding the Opportunity Zones, please contact the Township Administrator or Paul Chan, at PChan@LevineStaller.com or call 609-348-1300.