Folsom

Folsom was incorporated in 1906. It is named for Frances Folsom, the wife of Grover Cleveland. The town’s website describes Folsom as “a community steeped in history and renowned for its sense of family and community.“

Folsom is located on the western edge of Atlantic County, bordering Hammonton and Hamilton Townships, Buena Vista Township in Atlantic County, Monroe Township in Gloucester County, and Winslow Township in Camden County. Folsom is located halfway between Philadelphia and Atlantic City, approximately 30 miles from either city, via either the Atlantic City Expressway or the Black Horse Pike. The Jersey Shore beaches are a 30-minute drive from the town, while the Philadelphia Airport is a 45-minute drive.

Known for its scenic beauty, Folsom consists of large tracts of forests and wetlands. The Hospitality Branch and the Great Egg Harbor River flow through the Folsom Borough on their way to the Atlantic Ocean. The Great Egg Harbor River is a National Wild and Scenic River. The reserves and protected areas in Folsom provide unique recreational opportunities for canoeing, kayaking, hiking, and fishing.

Folsom is located within the Pinelands National Reserve, a protected natural area of unique ecology covering more than one million acres and is the nation’s first National Reserve. Other protected areas include the Great Egg Harbor River Wildlife Management Area, Penny Pot Park, and the Natural Lands Trust’s Waldhausen Woods and Collings Pine areas.

New Jersey Monthly magazine ranked Folsom as the 19th best place to live in their 2008 rankings of the “Best Places To Live” in New Jersey.

Folsom Facts

For those looking to live in Folsom, residential real estate is exclusively single-family homes. Homes and neighborhoods are primarily in the unincorporated neighborhoods of Folsom Village, Collings Lake, and Penny Pot. Folsom’s Penny Pot Park is used as a starting point for trips along the Great Egg Harbor River, where canoes and kayaks can travel to Lake Lenape, and stop at Weymouth Furnace and Camp Acagisca.

USDA’s Rural Housing Service offers loans and loan guarantees for single- and multi-family housing in rural areas. All Folsom residential properties are eligible for these loans. Qualification for these loans, loan guarantees, and grants is based on income. The USDA has both Direct Loans and Guaranteed Loan Programs. Click here for more information.

The major employers in Folsom are industrial corporations, South Jersey Industries and Master Wire Manufacturing.

Commercial development in Folsom is almost exclusively located along the Black Horse Pike. Businesses include trade and union halls, restaurants and taverns, and other small-scale retail and service establishments.

As it manages development within the borough, Folsom looks to preserve its rural identity and encourages low development density on vacant land in the Borough near existing infrastructure.

Are there any financial/tax benefits to developing in this municipality?

Local Small Business Loan Programs from the Atlantic County Improvement Authority (ACIA) 

For Atlantic County Businesses | ACIA Business Loans May be Combined with Small Business Administration Loans for Maximum Impact

Click here for details

 

New Jersey Economic Development Authority Business Loan and Incentives Programs 

For New Jersey Businesses | Various Loans and Incentives | Click here for details

 

Primary Contact

• Name: Glenn Smith
• Title: Mayor
• Phone Number: (609) 561-3178