Land Use & Zoning
Under NJ's Urban Enterprise Zone (UEZ) program, qualifying businesses in designated urban areas receive:
AFree real estate
BReduced sales tax rates, tax credits, and other economic incentives to spur commercial and industrial development in distressed urban areas✓ Correct
CExemption from all zoning requirements
DGuaranteed mortgage financing
Explanation
NJ's UEZ program provides eligible businesses in designated distressed urban areas with reduced sales tax (half the state rate), tax credits, and access to low-cost financing to stimulate economic revitalization.
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