OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
List of Somerset County, New Jersey Opportunity Zones & OZ Funds
Somerset County, New Jerseyhas 3 designated Opportunity Zones.
In total these Opportunity Zones have a population of approximately 13,000. That represents 4% of the county’s total population of 330,000.
The median household incomefor Somerset County Opportunity Zones ranges from approximately $55,000 to $72,000.
The adjacent map shows all Opportunity Zones in Somerset County. Click on any Opportunity Zone for additional information.
List of All Somerset County OZs
The table below lists all 3Opportunity Zones in Somerset County. The first two rows show the state wide average and the average for all New Jersey Opportunity Zones.
| 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 | $65K | 13% | $252K | 79% | 34 |
| 34035051100 | Somerset | $55K | 16% | $261K | 84% | 34 |
| 34035051200 | Somerset | $72K | 5% | $249K | 79% | 33 |
| 34035051700 | Somerset | $69K | 18% | $246K | 75% | 36 |
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 |