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.
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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