Business and Development Incentives

Local Enterprise Zone:

  • New or existing businesses within the enterprise zone which receive at least 75% of their annual gross receipts from non-retail sales, may be eligible to receive 3 to 5 years of property tax exemption.  There are also other financial incentives that may be available for businesses which through expansion or relocation, will add a substantial number of high paying jobs to the community.

  • The following documents further detail the specifics of the Monmouth Enterprise Zone: