What if purchases you made for your business were tax exempt; what if customers were attracted to shop in your store because the sales tax was only 3 ½ percent; and what if you had special grant and loan opportunities? Being a certified UEZ (Urban Enterprise Zone) business gives business owners all these advantages and costs nothing to belong.
Because of a shift in Lakewood’s burgeoning commercial population, the UEZ Authority in Trenton recently approved new UEZ boundaries for Lakewood, creating more than 75 to 100 opportunities for Lakewood businesses to become UEZ certified.
If you are now within the UEZ boundaries and don’t know where to begin to become a certified UEZ business, UEZ officials will help you. If you never took the time to become a UEZ business, UEZ officials will help you too.
All business owners in the UEZ are invited to a workshop Thursday, June 16 from 10:00 a.m. to 12:00 p.m., at Conference Room C, Lakewood Municipal Building, 231 Third Street. During this open registration session, UEZ officials will walk eligible business owners through the process of becoming certified.
Business representatives should bring a copy of the lease for their business, their business registration certificate, articles of incorporation if applicable, and their tax identification number.
The business centers now included in Lakewood’s UEZ are The Market Place and Washington Square shopping centers, Cedar Bridge Avenue; office buildings at 910 and 921 East County Line Road; the CVS shopping center, Route 88 and New Hampshire Avenue; the land at the corner of Route 70 and New Hampshire Avenue, 400,000-square-foot mixed-use site for retail, commercial and office space; and the business park, 144 Cross Street.
To determine if your business is in the zone or for more information, call 732-364-2500 Ext. 5217. TLS.