1321 WALNUT ST Camden, NJ 08103

Industrial Building in operational condition with the majority having 15 ft ceilings. There are three structures on the 1.5 Acre property, a Main Building with loading docks, a garage and an additional 5000 sq ft building with deferred maintenance. This is in the Office/Light Industrial Zone and in the Gateway Redevelopment Zone. o Specific and far reaching Tax Incentives specific to each user.
o Tax Abatements and exemptions
o Grow NJ Assistance Program available with tax credits per Job
o wholesaling & storage of goods o scientific/R&D laboratories
o professional offices/offices/office buildings/office complexes o pilot plant
o restaurants (sit down, carryout, drive-thru) o commercial recreation facility
o lumber & building supply, sales & storage
The site Is located within an area of eligibility for the various incentives afforded through the Economic Opportunity Act of 2013, which was signed into law in September of 2013. The Act merges New jersey's various economic development Incentive programs into 2 expanded programs: Grow NJ (Grow NewJersey Assistance Program) and ERG (Economic Redevelopment and Growth Program). GrowNJ is the State's main job creation incentive program, offering base tax credits ranging from $500 to $5000 per job, per year; and bonus credits ranging from $250 to $3000 per job, per year. ERG is the State's key developer incentive program, authorizing a bonus of up to 40% of total project costs in Camden (a GSGZ).