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New Jersey consumers generally pay a 6.625% levy on every item subject to the sales tax, both in person and online.

September 4, 2023 P.L. 2022, c. 21, establishes a Sales Tax Holiday for certain retail sales of computers, school supplies, and sport or recreational equipment when sold to an individual purchaser for nonbusiness use. The Sales Tax Holiday takes place between August 26 and September 4, 2023.

New Jersey consumers generally pay a 6.625% levy on every item subject to the sales tax, both in person and online. But necessity items like groceries and clothing are permanently exempt, and the sales tax rate is halved in specially designated ?urban enterprise zones? located throughout the state.

The current Sales Tax rate is 6.625% and the specially designated Urban Enterprise Zones rate is one half the Sales Tax rate. Certain items are exempt from sales tax, such as food, clothing, drugs, and manufacturing/processing machinery and equipment.

The sales tax break applies to purchases made in brick-and-mortar New Jersey stores and with online outlets, regardless of where they are based. Expectations for residents' savings have come down since the tax holiday's first year, when it cost the state roughly $32.3 million in foregone sales tax revenue.

The Sales Tax Holiday is a temporary exemption period on certain retail sales of computers, school supplies, and sport or recreational equipment sold to individual purchasers for non-business use. When is the Sales Tax Holiday? The Sales Tax Holiday will occur from August 26 through September 4, 2023.