New Jersey EV Tax Credits and Rebates
If you live in the Garden State and are thinking about going electric, now is the time. New Jersey EV tax credits and rebates in 2025 can help you save thousands on the purchase of an electric vehicle (EV), charging equipment, and even tolls. But you need to act fast—some of the biggest incentives are ending soon.
🚗 What Are New Jersey EV Tax Credits?
New Jersey EV tax credits are a mix of state rebates, sales tax benefits, and federal incentives designed to lower the cost of EV ownership. These programs aim to make clean transportation more affordable while supporting the state’s clean energy goals.
Currently, New Jersey residents can combine state rebates with federal tax credits to maximize their savings—potentially over $12,000 in total benefits.
🔋 Charge Up New Jersey Rebate Program
The Charge Up New Jersey program offers point-of-sale rebates when you buy or lease a new, eligible battery-electric vehicle (BEV).
As of July 1, 2025:
- Standard rebate: $1,500 for eligible EV purchases or leases.
- Charge Up+ bonus: Additional $2,500 for income-qualified buyers (total $4,000).
- MSRP cap: $55,000.
- Where to apply: Rebates are applied directly at participating NJ dealerships—no need to wait for a mailed check.
Affiliate Tip: Link readers to partner dealerships or EV marketplaces where they can find qualifying models like the Hyundai Ioniq 5, Kia EV6, or Chevy Bolt.
⚡ Residential Charger Rebates
If you’re installing a Level 2 home charger, New Jersey offers an extra $250 rebate for eligible equipment purchased after May 2022.
Pair this with the federal home charger tax credit (up to $1,000) to cut installation costs dramatically.
Monetization Opportunity: Include affiliate links to popular home EV chargers such as ChargePoint Home Flex or JuiceBox that meet rebate requirements.
🏛 Sales Tax on Zero-Emission Vehicles
New Jersey used to exempt zero-emission vehicles from sales tax, but that benefit is being phased out:
- Oct 1, 2024 – Jun 30, 2025: 3.3125% sales tax.
- Jul 1, 2025 and after: Full 6.625% sales tax applies.
Buying sooner can save hundreds to thousands in taxes.
💵 Federal EV Tax Credits
New Jersey residents can still take advantage of federal EV tax credits—but they’re set to expire on September 30, 2025.
- Up to $7,500 for new EVs (subject to MSRP, assembly, and battery requirements).
- Up to $4,000 for qualifying used EVs.
- Up to $1,000 for installing a home charger.
🚛 Utility & Fleet Incentives
New Jersey also offers:
- Up to $4,000 for installing chargers at multifamily properties.
- Up to $225,000 for DC fast chargers for fleets and businesses.
If your audience includes landlords or small business owners, these programs can be an excellent lead magnet.
🛣 HOV Lane and Toll Discounts
Eligible EVs in New Jersey can receive:
- Access to HOV lanes on certain highways regardless of passenger count.
- 10% off-peak toll discount via E-ZPass.
This perk adds long-term value to EV ownership beyond just upfront savings.
📊 New Jersey EV Tax Credit Quick Reference Table
| Incentive | Benefit | Deadline / Notes |
|---|---|---|
| Charge Up NJ | $1,500 – $4,000 | New BEV, MSRP ≤ $55K, at point of sale |
| Home Charger Rebate | $250 | After May 2022 purchase, NJ residents |
| Federal EV Credit | Up to $7,500 | Ends Sept 30, 2025 |
| Federal Used EV Credit | Up to $4,000 |
