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==Economy== Portions of the borough—together with areas in [[North Wildwood, New Jersey|North Wildwood]], [[West Wildwood, New Jersey|West Wildwood]] and [[Wildwood, New Jersey|Wildwood]]—are part of a joint [[Urban Enterprise Zone]] (UEZ), one of 32 zones covering 37 municipalities statewide. The four municipalities in [[The Wildwoods]] were selected in 2002 as one of a group of three zones added to participate in the program as part of a joint zone with.<ref>[https://www.state.nj.us/dca/affiliates/uez/publications/pdf/tax_q&a_052709.pdf ''Urban Enterprise Zone Tax Questions and Answers''], [[New Jersey Department of Community Affairs]], May 2009. Accessed October 28, 2019. "The legislation was amended again in 2002 to include 3 more zones. They include Bayonne City, Roselle Borough, and a joint zone consisting of North Wildwood City, Wildwood City, Wildwood Crest Borough, and West Wildwood Borough."</ref> In addition to other benefits to encourage employment and investment within the Zone, shoppers can take advantage of a reduced 3.3125% [[sales tax]] rate (half of the {{frac|6|5|8}}% rate charged statewide) at eligible merchants.<ref>[https://www.nj.gov/dca/affiliates/uez/about/ Urban Enterprise Zone Program], [[New Jersey Department of Community Affairs]]. Accessed October 27, 2019. "Businesses participating in the UEZ Program can charge half the standard sales tax rate on certain purchases, currently 3.3125% effective 1/1/2018"</ref> Established in September 2002, the borough's Urban Enterprise Zone status expires in December 2023.<ref>[https://www.nj.gov/dca/affiliates/uez/publications/pdf/ZONE%20EXPIRATION%20DATES%20-%202018.pdf Urban Enterprise Zone Effective and Expiration Dates], [[New Jersey Department of Community Affairs]]. Accessed January 8, 2018.</ref> The joint UEZ is overseen by the Enterprise Zone Development Corporation of the Wildwoods Board, which includes representatives from all four municipalities.<ref>[https://www.wildwoodnj.org/urbanentzone Urban Enterprise Zone Program], City of Wildwood. Accessed March 13, 2020. "The Enterprise Zone Development Corporation of the Wildwoods Board is comprised of business owners, elected officials and employees representing the City of Wildwood, City of North Wildwood, the Borough of West Wildwood, and the Borough of Wildwood Crest."</ref> Notable motels in Wildwood Crest include the [[Caribbean Motel]], built in 1957 in the [[Googie architecture|Doo-Wop style]] and added to the [[National Register of Historic Places]] on August 24, 2005.<ref name="nris">{{NRISref|2009a}}</ref><ref>Staff. [http://www.canada.com/montrealgazette/news/travel/story.html?id=1e5311ae-e554-444f-a78b-21690a58d55a "Doo Wop sings the blues; They twisted and shouted, and rocked around the clock in the southern tip of New Jersey before they did it anywhere else. And, once the sun slips below the horizon, there's enough neon to set your eyes ablaze if you stare at it too long."], ''[[Montreal Gazette]]'', October 21, 2006. Accessed November 11, 2013. "But Miller and Caroline Emigh have gone the opposite way. Two years ago the Washington, D.C., natives bought the 30-room Caribbean, built in 1956 and one of the finest examples of Doo Wop architecture remaining in the Wildwoods area. They have succeeded in getting the property placed on the national historic registry."</ref>
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