New Markets Tax Credit Coalition

  • Kearny,
  • NJ
  • (2017)

Kearny Point Building 197

District: Rob Menendez (D-NJ08)

A 130-acre former federal shipyard transformed into an environmentally sustainable business hub for innovation and economic growth.

Investment

  • NMTC Amount: $10,000,000
  • Total Project Cost: $34,336,943

IMPACT

  • 260 FTE jobs
  • 260 construction jobs

CDEs

,

Investor

Project Description

New construction of a single story light industrial building. Kearny Point, a 130-acre former federal shipyard transformed into an environmentally sustainable business hub for innovation and economic growth.

MAP

Address: 1 Eastern Road, Kearny, NJ 7032

Census Tract: 34017012700

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