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ARTICLE · 05 FEBRUARY 2026

Jersey City Issues Executive Order On PILOT Audits: What Developers And Owners Need To Know

Genova Burns
Explore more from Genova Burns

In an action that may signal a challenging environment for tax abatements in Jersey City, newly elected Jersey City Mayor James Solomon recently signed an Executive...

United StatesReal Estate and Construction
Thomas Dolan
Thomas Dolan
Gerard Pizzillo
Gerard Pizzillo

In an action that may signal a challenging environment for tax abatements in Jersey City, newly elected Jersey City Mayor James Solomon recently signed an Executive Order on January 21, 2026 launching a comprehensive audit of all long-term tax exemptions currently active in Jersey City. The City has over 100 such abatements currently in effect. The audit will review every active abatement to determine compliance status, and identify any abatements that warrant enforcement action.

In the past, Jersey City has successfully utilized long term tax exemptions, and other programs, to revitalize and incentivize development throughout the City. Under the Long-Term Tax Exemption Law, N.J.S.A. 40A:20-1 ("LTTE"), an owner/developer enters into a financial agreement with the municipality whereby the owner/developer makes payments in lieu of regular property taxes ("PILOT" payment), which would otherwise be due if the property was fully taxed as assessed. The maximum term for a

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