New Jersey Transfer Tax Calculator

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This simple calculator can help home sellers in New Jersey estimate their transfer taxes. To get a ballpark idea of the transfer fees you might pay in the Garden State, enter your home’s estimated selling price above.

Need a selling price? Try HomeLight’s free Home Value Estimator to see what your house might be worth. To receive a more accurate listing price, contact a top New Jersey real estate agent and request a Comparative Market Analysis (CMA), a report that will compare your home against nearby listed and recently sold properties.

See a full cost and proceeds breakdown

A top real estate agent can provide you with a Seller’s Net Sheet that breaks down all the costs of selling your home, along with an estimate of the proceeds you can expect. Use HomeLight’s free Agent Match platform to find a trusted local agent with excellent reviews and a proven track record.

How the New Jersey Transfer Tax is Calculated

NJ’s transfer tax, known as the Realty Transfer Fee (RTF), is based on the home’s sale price.

Below is a table showing New Jersey’s transfer tax tiers: 

Total Consideration not Over $350,000

Consideration Over But not over Rate/$500
$0 $150,000 $2.00
$150,000 $200,000 $3.35
$200,000 $350,000 $3.90

Total Consideration Over $350,000

Consideration Over But not over Rate/$500
$0 $150,000 $2.90
$150,000 $200,000 $4.25
$200,000 $550,000 $4.80
$550,000 $850,000 $5.30
$850,000 $1,000,000 $5.80
$1,000,000*   $6.05

Source: NJ Division of Taxation 

For example, if you sold your home for $521,000 (NJ’s median home price), and applied the $4.80 per $500 rate, you could expect to pay approximately $4,376 in transfer taxes.

»Learn more: A Seller’s Guide to Understanding New Jersey’s Transfer Tax

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