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New Jersey awards nearly $600 million in tax credits to five projects

Multifamily developments will yield 1,146 housing units
The New Jersey Economic Development Authority has awarded a transit-oriented project in East Orange $297 million in tax credits. (CoStar)
The New Jersey Economic Development Authority has awarded a transit-oriented project in East Orange $297 million in tax credits. (CoStar)
CoStar News
September 24, 2025 | 12:17 AM

The New Jersey Economic Development Authority has awarded nearly $600 million in tax credits to five multifamily projects in Essex, Mercer and Middlesex counties.

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