New Jersey is a port state first. The Port of New York and New Jersey is the busiest on the East Coast, and the warehouses around Exit 8A, the Meadowlands, and South Jersey generate constant demand for tractors, trailers, forklifts, and the site-work equipment that builds the next distribution center. New Jersey is also a state where the sales tax exemption on heavy trucks makes a real difference to the financed amount.
We place New Jersey files with lenders that already fund here, from a Bergen County landscaper adding a compact track loader to a Newark drayage operator replacing three day cabs, to a Salem County farm financing a used tractor. Options in 24 to 48 hours on a soft inquiry.
Who we finance in New Jersey
What is driving equipment demand in New Jersey
- More than 7 million square feet of industrial space is under construction, one of the largest pipelines in the country.
- The $6.1 billion Newark Bay-Hudson County Turnpike Extension rebuild starts in 2026, and the Hudson Tunnel Project is under way.
- Port volume growth keeps drayage, chassis, and warehouse equipment turning over.
We work with businesses across New Jersey, including Newark and Jersey City, Edison and New Brunswick, Trenton, Camden and Cherry Hill, and Atlantic City, and the rural counties in between.
Sales tax and income tax on equipment in New Jersey
Tax rules change and depend on your facts. Confirm with your accountant before relying on any of this.
Trucks, trailers, and titling in New Jersey
- Apportioned registration through NJ MVC. No weight-distance tax.
- Off-road equipment is not titled in New Jersey.
Where New Jersey buyers find equipment
We finance equipment from any dealer, auction, or private seller. Dealers and auctions our New Jersey customers use include Foley Cat (Piscataway, covering New Jersey, eastern Pennsylvania, and Staten Island). Get pre-approved before you go so the seller sees a buyer who can close.
Equipment we finance
Excavators · Dozers and loaders · Skid steers · Semi trucks · Trailers · Farm equipment · Cranes and lifts
About financing in New Jersey
Equipment financing in New Jersey is arranged through Land Tech Capital's network of third-party lenders and lessors. Land Tech Capital is a New York based commercial finance broker, not a lender, and does not hold a New Jersey license. Your financing agreement will be with the lender or lessor, who provides any disclosures New Jersey law requires. No fee is charged to you before funding, and we are paid by the lender when a deal closes.
Questions we get
Is a new tractor really exempt from New Jersey sales tax?
If its gross vehicle weight rating is over 26,000 pounds and it is registered in New Jersey, yes, along with the trailer and parts. Give the dealer the ST-4 exemption certificate at purchase.
Why is Section 179 different on my New Jersey return?
New Jersey caps the state Section 179 deduction at $25,000 for gross income tax filers and does not allow bonus depreciation. You still take the full federal deduction. Your accountant will depreciate the difference over the normal schedule on the state return.
Do you finance drayage tractors for port work?
Yes. Day cabs for port and regional work are one of the most common New Jersey files we place, new and used.
