urban enterprise zone
Paterson’s 3.5 percent sales tax – half of what most of New Jersey charges on taxable goods – has helped many families stay above water. Now, the special sales tax may be on the verge of elimination.
Since 80 percent of Paterson falls within an Urban Enterprise Zone, the city is using UEZ grant money to buy over 50 new surveillance cameras.
New Jersey residents who are looking to save some money on their holiday shopping – like paying only half of the sales tax on items, or no sales tax at all – need look no further than Paterson.