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New Jersey EDA Grants Up to $90 Million in Tax Incentives for Newark Multifamily Project

Bolton Development Is Latest Company To Get Tax-Break Package for Residential Development in City
Bolton Development has a 350-unit multifamily project slated for Newark, New Jersey. (CoStar)
Bolton Development has a 350-unit multifamily project slated for Newark, New Jersey. (CoStar)
CoStar News
September 13, 2023 | 7:54 P.M.

The New Jersey Economic Development Authority has awarded up to $90 million in tax incentives to Bolton Development's multifamily project in Newark, the third residential project in the Garden State's biggest city to be approved for such benefits.

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News | New Jersey EDA Grants Up to $90 Million in Tax Incentives for Newark Multifamily Project