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OZ 2.0 | State Resource

New Jersey

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Last checked 2026-06-16

516

Total eligible tracts

37

Rural eligible

129

Max designations (25%)

1

Days to federal window

Nomination process

The lead agency has been identified, but no public process has been published yet. Contact information is below. See how to advocate for what to do while the process develops.

As of May 7, 2026, New Jersey DCA and NJEDA have not published a formal OZ 2.0 nomination process, community input portal, or scoring criteria, though the Governor’s OZ Resource Center (nj.gov/governor/njopportunityzones/) remains active with general program information. Email njopportunityzones@dca.nj.gov today to introduce your jurisdiction, identify eligible tracts, and request notification when a community input or nomination process is announced — also ask whether NJEDA’s OZ Challenge Program infrastructure will inform OZ 2.0 tract selection. Watch the DCA and Governor’s Resource Center pages for an RFA, nomination portal, or public comment period before the July 1, 2026 federal nomination window; NJ may nominate up to 129 of 516 eligible tracts.

Eligible tracts

Loading 516 eligible tracts…

View on EIG map → IRS appendix (XLSX) Source: IRS Rev. Proc. 2026-14 · EIG DCI 2023 · FFIEC CRA 2025 · Urban Institute 2026
County Eligible tracts
Essex County 114
Hudson County 82
Passaic County 54
Camden County 35
Union County 35
Middlesex County 34
Mercer County 30
Ocean County 30
Atlantic County 25
Bergen County 20

Data context

53

Eligible tracts in EIG DCI top distress quintile

The EIG Distressed Communities Index (2019–2023) is referenced in many state scoring rubrics. Quintile 1 = most distressed. See whether OZ 1.0 reached the most distressed places →

0

Counties with eligible tracts designated USDA persistent poverty

Persistent poverty = 20%+ poverty rate in every census 1980–2010. Source: USDA ERS County Typology Codes (2015 edition). Relevant for USDA RD program eligibility and QROF rural bonus. See QROF rural bonus mechanics →

93

Prior NMTC investments in eligible OZ tracts

CDFI Fund NMTC Public Data Release (2024). Indicates prior CDFI capital deployment track record in these tracts. See how NMTC and OZ stack →

428

Eligible tracts with CRA designation (LMI or distressed/underserved)

Banks earn CRA credit for investing in low- or moderate-income tracts (Track 1), and in non-metropolitan middle-income tracts officially designated distressed or underserved by FFIEC (Track 2). When an OZ project sits in a CRA-eligible tract, bank capital can satisfy CRA obligations while generating OZ tax benefits. How CRA and OZ interact →

Cities: Newark, Paterson, Trenton, Elizabeth, Jersey City and 114 more

ZIP codes: 07087, 07108, 07107, 08701, 07501 and 174 more

See all 119 cities and 179 ZIP codes

All cities:

Newark, Paterson, Trenton, Elizabeth, Jersey City, Camden, East Orange, Union City, Lakewood, Irvington, Atlantic City, Perth Amboy, Passaic, North Bergen, New Brunswick, Elizabethport, West New York, Orange, Plainfield, Manchester Township, Clifton, Belleville, Merchantville, Pleasantville, Toms River, Hackensack, Kearny, Harrison, Pennsauken, Asbury Park, Bloomfield, Bridgeton, Clementon, Haledon, Bayonne, Lakehurst, Keasbey, Monroe Township, Neptune, Fairview, Long Branch, Gloucester City, Penns Grove, Egg Harbor Township, Garfield, Oaklyn, Phillipsburg, Middlesex, West Orange, Watchung, Montclair, Pitman, Vineland, Parlin, Piscataway, Old Bridge, Sicklerville, Salem, Absecon, Glassboro, Burlington, Cliffside Park, Bound Brook, Dover, Glen Ridge, Hillside, Stratford, Brigantine, Browns Mills, Tenafly, Lodi, South River, South Amboy, Budd Lake, Sayreville, South Orange, Union, Rochelle Park, Blackwood, Bergenfield, Weehawken, West Long Branch, Bellmawr, Bayville, Westville, Wharton, Williamstown, Woodbine, Woodbridge, Woodbury, Saddle Brook, Carteret, Riverside, Northfield, Linden, Lawrence Township, Millville, Keansburg, Joint Base Mdl, Morristown, Mount Holly, Jackson, Hawthorne, Hasbrouck Heights, North Brunswick, Hancocks Bridge, Randolph, Ocean Grove, Gibbstown, Gibbsboro, Freehold, Paulsboro, Flanders, Englewood, Eatontown, Dunellen, Cranbury, Maple Shade, Wrightstown

All ZIP codes:

07087, 07108, 07107, 08701, 07501, 07103, 07111, 07105, 07112, 08401, 07018, 08861, 07055, 08618, 07104, 07102, 07202, 08611, 07017, 07047, 07201, 08104, 07206, 07093, 07305, 07304, 07208, 08901, 07050, 08638, 07114, 07060, 08759, 08103, 07522, 07109, 07011, 07306, 07106, 08609, 08109, 07524, 07502, 07503, 08105, 08757, 08629, 08102, 07513, 08232, 07514, 07712, 07601, 07003, 08021, 08610, 08110, 08302, 07029, 07032, 07504, 08733, 08234, 07022, 07026, 08069, 08608, 08030, 07505, 07753, 07740, 07002, 08831, 08832, 07508, 07052, 07042, 08854, 08028, 07205, 08016, 08107, 08360, 07302, 08857, 08071, 08079, 08081, 07028, 07062, 08619, 08628, 07069, 07801, 07019, 08201, 08859, 07063, 08805, 07010, 08865, 08846, 08903, 08601, 08527, 08404, 08512, 08405, 08562, 08862, 08602, 08879, 08721, 08872, 08690, 08812, 08648, 08641, 08620, 08603, 08882, 08902, 08753, 08606, 08605, 08604, 08607, 07960, 08332, 07307, 07724, 07670, 07663, 07662, 07644, 07631, 07621, 07604, 07543, 07506, 07207, 07734, 07175, 07101, 07095, 07086, 07083, 07079, 07061, 07051, 07036, 07008, 07728, 07754, 08270, 08052, 08225, 08203, 08101, 08096, 08094, 08093, 08084, 08075, 08066, 08060, 08038, 07756, 08031, 08027, 08026, 08015, 08012, 07885, 07869, 07836, 07828, 07764, 08933

Look up a specific tract (FFIEC) → Source: FFIEC Census Flat File 2026, joined to IRS Rev. Proc. 2026-14 eligible tracts.

146

Eligible tracts in top investability quintile (Urban Institute model)

The Urban Institute investability model scores OZ-eligible tracts by predicted likelihood of attracting private capital, based on OZ 1.0 investment patterns. Quintile 1 = highest predicted investability among scored tracts. Not all tracts are scored — coverage reflects tracts with sufficient OZ 1.0 data.

How to influence the nomination

No public process has been announced for New Jersey yet. See how to advocate for steps to engage the governor's office and build a coalition now, and off-list nominations for strategies available when a state hasn't opened a formal process. While waiting, the Accelerator for America OZ Designation Toolkit provides frameworks you can prepare in advance.

Who to contact

NJ Dept. of Community Affairs (DCA) / NJ Economic Development Authority (NJEDA)

https://www.nj.gov/dca/dlps/home/opp_zones.shtml

njopportunityzones@dca.nj.gov

Certified CDFIs

12 certified CDFIs headquartered in New Jersey. CDFI Fund certified list →

USDA Rural Development

USDA RD New Jersey State Office →

RCAP Regional Partner

RCAP Solutions →

Rural LISC

Rural LISC →

Native / tribal

No formal tribal consultation process has been published for New Jersey's OZ 2.0 nomination. If your jurisdiction contains or is adjacent to tribal land, contact the relevant Tribal Historic Preservation Office (THPO) or tribal government directly before submitting a nomination.

Eligible tract counts: IRS Rev. Proc. 2026-14 (April 6, 2026). Rural designation: Notice 2025-50, Section 4.01. Status tier last verified 2026-06-16. Full methodology.