OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
List of Passaic, New Jersey Opportunity Zones & OZ Funds
The city of Passaic, New Jerseyhas 4 designated Opportunity Zones.
In total these Opportunity Zones have a population of approximately 18,000. That represents 26% of the city’s total population of 70,000.
The median household incomefor Passaic Opportunity Zones ranges from approximately $23,000 to $37,000.
The adjacent map shows all Opportunity Zones in Passaic. Click on any Opportunity Zone for additional information.
List of All Passaic OZs
The table below lists all 4Opportunity Zones in Passaic. The first two rows reflect average values for the state of New Jerseyand the Opportunity Zones in the state.
| Name | County | Median Household Income | Below Poverty Line | Median Home Value | Edu High School | Median Age |
|---|---|---|---|---|---|---|
| All of New Jersey | n/a | $86K | 9% | $349K | 90% | 40 |
| New Jersey OZ Average | n/a | $30K | 42% | $269K | 56% | 26 |
| 34031175200 | Passaic | $30K | 40% | 53% | 27 | |
| 34031175301 | Passaic | $37K | 33% | $249K | 52% | 28 |
| 34031175402 | Passaic | $31K | 37% | $232K | 60% | 28 |
| 34031175900 | Passaic | $23K | 58% | $325K | 58% | 22 |
New Jersey OZ Funds
There are 6QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify New Jerseyas a target market. Additional OZ funds may also invest in New Jersey; see a complete list of Opportunity Zone Funds here.
| Fund Name | Asset Classes | Property Types | Fund Size |
|---|---|---|---|
| Golden Door Asset Management Opportunity Fund | Business | $100M | |
| KindCare Assisted Living | Business, Real Estate | Residential, Senior Housing | $30M |
| Normandy Opportunity Zone Fund LP | Real Estate | Commercial, Industrial, Mixed-Use, Office, Residential | $250M |
| Saxum Opportunity Zone Fund | Real Estate | Industrial, Office, Residential | $100M |
| Shorewood Opportunity Zone Fund | Real Estate | Affordable Housing, Mixed-Use, Residential | $250M |
| Strategic Rivermont OZ Fund, LLC | Real Estate | Commercial, Energy Development, Hotel, Mixed-Use, Residential, Stadiums and Arenas, Student Housing | $100M |