Tract 34013008000
Census tract 80, Essex County, NJ: 2027 Opportunity Zone
Yes. Census tract 80 in Essex County, New Jersey (GEOID 34013008000, QOZ ID N34013008000-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.
- Population
- 2,629
- Median family income
- $98,241
- Poverty rate
- 21.7%
- Unemployment
- 8.8%
- Median home value
- $396,900
American Community Survey 2020 to 2024 5-year estimates (U.S. Census Bureau).
Why it qualified
Treasury's data shows it qualified on a poverty rate of at least 20% (poverty 21.7%, income at 81% of the area median). See how a tract qualifies.
Its poverty rate ranks 10 of 21 among the designated tracts in Essex County.
Was it a 2018 zone?
About 100% of this tract's land lay in a 2018 Opportunity Zone: 34013008000 (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 Essex County
- Tract 34013000300
- Tract 34013000500
- Tract 34013000900
- Tract 34013001000
- Tract 34013001400
- Tract 34013001500
- Tract 34013002800
- Tract 34013005400
- Tract 34013006400
- Tract 34013007900
- Tract 34013008100
- Tract 34013010600
See all Essex 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.
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