New Jersey Multifamily Program
Meaningful Financial Benefits
The program’s structure is designed to make upgrades financially realistic:
Incentives covering up to 80% of project costs (60-70% on most projects)
0% On-Bill Repayment for the remaining cost (5-year term standard, 10-year for qualifying properties), on your utility bill, unsecured
Navigreen handles everything: engineering, procurement, installation, and closeout, plus all of the paperwork
Factoring in depreciation benefits, these incentives and financing options make upgrades cost-neutral or close to it.
Project Closeout
After installation, Navigreen conducts system checks to confirm that all new systems are functioning as intended. This includes verifying proper operation and ensuring that settings reflect best efficiency practices. We handle the closeout process with the utility, coordinate any final inspections, and make sure the property team understands the new equipment so it can be operated confidently going forward.
See What Your Property Qualifies For
If you own multifamily assets, don’t leave money on the table. Let Navigreen help you leverage these significant incentives and 0% on-bill financing to increase your NOI and the value of your investments.
Owning and operating multifamily properties today means keeping a constant eye on operating expenses, aging infrastructure, resident comfort, and long-term property value. The Multifamily Program was designed with those realities in mind—offering a structured, engineering-driven pathway to reduce energy costs, modernize building systems, and ease the financial side of capital improvements.
At Navigreen Engineering, our role is simple: help owners take full advantage of this program with clarity and technical expertise, delivering on substantial financial incentives, modernizing building systems, and increasing asset NOI.
Built for Real Multifamily Properties
The program covers the replacement of lighting, HVAC, and other building systems at any building with 3+ units, including:
Low-rise/garden, mid-rise, high-rise communities
Commercial/multifamily mixed-use building
Assisted living facilities
Apartment rentals or condos/co-ops
Everything runs through one unified, streamlined process, eliminating the old maze of separate programs and conflicting rules.
Simple, No-Cost Start
Every project begins with a no-cost, no-obligation assessment, giving owners a clear view of potential savings and incentive levels before deciding to move forward.
Navigreen develops the technical details, documentation, and facilitates the application process with the utility so that property teams can focus on operations.
Straightforward Installation Process
Once approved, Navigreen completed the installation in a way that minimizes disruption to residents and staff. We work directly with your property team to schedule the work and ensure all installations align with building needs and program requirements. Our role is to keep the process organized and predictable—clear timelines, clear communication, and no surprises. Owners stay informed without needing to manage the day-to-day details.
