Carteret Office of Economic Development
The Carteret Office of Economic Development manages the day-to day operations of programs that
promote economic and community development, including the Urban Enterprise Program (UEZ),
Community Development Block Grant, Neighborhood Preservation Program, Regional Contribution
Agreements, and Carteret Business Partnership, the special improvement district. In addition the office
works closely with the redevelopment plans and initiatives along with the Carteret Redevelopment Agency
The operations are managed by Director, Kathaleen R. Shaw, Assistant Director, Robin Centra and
Melanie Siracusa, Special Assistant.
Several Boards oversee the goals, objectives, and activities of these economic development initiatives.
Working closely with the Carteret governing body, Middlesex County and the State of New Jersey, Carteret
Office of Economic Development strives to maximize resources, expand program activities and promote
Carteret as a destination for living, working and investment.
Office of Economic Development
Memorial Municipal Building
61 Cooke Avenue
Carteret, NJ 07008
Phone 732-541-3835/36 Fax 732-541-1192
Carteret Urban Enterprise Program (UEZ)
Urban Enterprise Zone Program (UEZ) was created in 1983 to revitalize the state’s urban communities
through the creation of private-sector jobs and public/private investment in targeted areas within these
communities. Today, there are 32 UEZs in 37 municipalities. Carteret obtained UEZ Authority approval for
inclusion in the UEZ Program January 11, 1995. Review the Urban Enterprise Zone Program elements on
the State of New Jersey, NJ Commerce http://www.state.nj.us/commerce/econ_uez_program.shtml.
See how you can keep money in your business Bottom Line.
Since the creation of the Carteret UEZ, numerous businesses have participated and taken advantage of the
many UEZ program benefits. These companies have invested more than $536,083,394 million in their
businesses. Now, there are 85 firms that actively employ more then 3,534 full time workers. In excess of
1,200 new jobs have been created through the program investments.
Be sure you know the 5 Top Reasons to Stay in the Carteret UEZ:
1. Pass savings to customers and stay competitive.
UEZ qualified retail businesses may charge 50% of the mandated
7% NJ sales tax on certain “in person” purchases.
2. Investment in Carteret - Community Service.
Revenues generated from the 3.5% sales tax are maintained in a Zone Assistance
Fund (ZAF) and are dedicated to use in the zone for certain Small Business Programs and
public service projects.
3. Keep money in your business Bottom Line.
Pay no or reduced state sales tax on tangible personal property, material and equipment for your
business. Tangible personal property includes items such as office supplies, office or business
equipment, office and store furnishings, trade fixtures, cash registers, etc.
4. Tax Credits and more Tax Credits.
UEZ qualified businesses can receive a one-time corporation tax credit of $1,500 for each Carteret
resident full-time hire that meets the program criteria, or a corporation tax credit of $500 for hiring a
non-Carteret resident that meets the program criteria.
Cost? It’s FREE
Carteret UEZ Development Corporation Board
Mayor Daniel J. Reiman
Kathaleen R. Shaw
Joseph Novakowski
Councilman Randy Krum
Vincent Manetta
Leonard Sitar
George Strangos
Al Walsh
Office of Economic Development
Memorial Municipal Building
61 Cooke Avenue
Carteret, NJ 07008
Phone 732-541-3835/36 Fax 732-541-1192
Carteret Business Partnership
Special Improvement District (SID)
Carteret Business Partnership (CBP) is the district management corporation for the public/private
partnership created by municipal ordinance to improvement the business environment in Carteret. The
District Management Corporation (DMC) is managed by the elected Board of Directors and operated with
an annual budget which is funded by a special assessment on commercial properties. The Board of
Directors is comprised of commercial property and business owners, as well as municipal officials. The
Board identifies the goals, objectives and activities that enhance the business environment and provide an
economic stimulus for the business community. As a non-profit corporation, CBP works to expand
business offerings, promote business retention and recruitment, enhance the visual appearance, and
develop a variety of marketing programs and activities that further the goals of the corporation. The nonprofit corporation is a partner with the municipal government and works to expand public and private
funding of plans and projects that improve the business environment.
District Management Corporation Objectives
 Maximize Resources
 Manage the Business Environment
– Create New Carteret Brand Image
– Promote New Investment
– Retain Existing Businesses
 Develop Public/Private Investment Options
Carteret Business Partnership (Special Improvement District)
Board of Directors
Honorable Daniel J. Reiman
Mayor, Borough of Carteret
Pat Musi, Chairman
Pat Musi Performance, Inc.
Mark Hruska, Vice Chairman
Hruska Enterprises
Hank D’Orsi, Treasurer
H. D’Orsi Contractor, Inc.
Alan Schall
Atlantic Realty Development Corp.
Councilman Joseph W. Sitarz
Borough of Carteret
Kathaleen Shaw
Director, Borough of Carteret Economic Development
Carteret Business Partnership Inc.
Office of Economic Development
Memorial Municipal Building
61 Cooke Avenue
Carteret, NJ 07008
Phone 732-541-3835/36 Fax 732-541-1192
Carteret Community Development
Working with the Middlesex County Housing and Community Development Committee, Carteret
participates in the County program that fund local municipal projects. Project proposals are reviewed by
the Board and the governing body for consideration by the Middlesex County Community Development
Block Grant Program (CDBG) on an annual basis. Programs are announced through the Office of the
Mayor. The Carteret CDBG Program is administered through the Office of Economic Development.
Community Development Board
Mayor Daniel J. Reiman
Angelo Golino (Mayor’s Alternate)
Councilman Ron Rios
Nelson Cabrera
Joseph Caliguari
William Nix
Frank Wall
Kathaleen R. Shaw
Office of Economic Development
Memorial Municipal Building
61 Cooke Avenue
Carteret, NJ 07008
Phone 732-541-3835/36 Fax 732-541-1192
Neighborhood Preservation Program
The Neighborhood Preservation Program (NPP) is a grant funded neighborhood revitalization program that
is funded through the Department of Community Affairs. NPP Committee works closely with the municipal
government and officials and other municipal programs to serve as a catalyst for improvements and
revitalization to a target area neighborhood.
Neighborhood Preservation Program Committee (NPP)
Mayor Daniel J. Reiman
Eric Chubenko
Iris Colon
Talisa Andrews
Vivian Nix
Pastor Amos Dickerson
Re John Blacknall
Kathaleen R. Shaw, Coordinator
Office of Economic Development
Memorial Municipal Building
61 Cooke Avenue
Carteret, NJ 07008
Phone 732-541-3835/36 Fax 732-541-1192