Businesses in Paterson’s Urban Enterprise Zone get a 50% break on state sales tax. “The tax advantage is huge,” says George Waitts, COO at Crown Roll Leaf. “It applies to every product I sell, and nearly every supply I buy.”
Newest National Park
Paterson Great Falls National Historical Park is generating a wave of interest in Paterson. The park honors Paterson’s history as America’s first great industrial city and promises to be a magnet for tourism.
From halal meat markets to the Peruvian Day Parade, New Jersey’s third-largest city is a place of remarkable diversity and energy, with more than 50 national and ethnic backgrounds represented.
A major transportation hub, Paterson puts every business and resident within reach of points across the nation’s largest metro area—and the world beyond.
A development project by St. Joseph’s Regional Medical Center is transforming the hospital campus and the neighborhood beyond. MORE >
about the prc
The Paterson Restoration Corporation (PRC) core goals and values are to foster and maintain economic development throughout the City through the implementation of development policies, programs and particiaption.
URBAN ENTERPRISE ZONE
The Urban Enterprise Zone (UEZ) is a program created as a tool to create economic development and employment in distressed cities.