Tract 34005700703
Census tract 7007.03, Burlington County, NJ: 2027 Opportunity Zone
Yes. Census tract 7007.03 in Burlington County, New Jersey (GEOID 34005700703, QOZ ID N34005700703-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.
- Population
- 2,384
- Median family income
- $67,332
- Poverty rate
- 18.3%
- Unemployment
- 16.4%
- Median home value
- $237,100
American Community Survey 2020 to 2024 5-year estimates (U.S. Census Bureau).
Why it qualified
Treasury's data shows it qualified on median family income at or below 70% of the area median (poverty 18.3%, income at 58% of the area median). See how a tract qualifies.
Its poverty rate is the lowest of the 4 designated tracts in Burlington County.
Was it a 2018 zone?
About 100% of this tract's land lay in a 2018 Opportunity Zone: 34005700703 (100%). Those designations end December 31, 2028. For 2027 and 2028 the two maps run side by side, and which one matters depends on when the investment is made.
What applies here
A gain invested in a Qualified Opportunity Fund after December 31, 2026 is deferred for up to five years. Held five years, basis rises by 10%. Held at least ten years, the investor can elect to exclude appreciation, measured no later than year 30. See the OZ 2.0 rules.
Other designated tracts in Burlington County
See all Burlington County Opportunity Zones, open the tract map, or check an exact address with the lookup. Tract lines follow the 2020 census. Source: CDFI Fund designated tract list.
Start here
Financing for the real estate inside the zone.
Tell us about the project. We respond with sizing, likely executions, and indicative terms. No cost, no obligation.