New Jersey transfer tax calculator

New Jersey's realty transfer fee rises in steps with the price, and a home that sells for more than $350,000 goes onto a higher scale from the first dollar. Since July 10, 2025 the seller also pays the extra fee on sales above $1 million, which runs from 1% to 3.5% of the whole price.

Sale price

State

Mortgage payoff (what you still owe)

Agent commission

Other closing costs

Other closing costs cover title, escrow or attorney fees and recording. One percent is a common planning figure.

Estimated net proceedsNew Jersey · Rates verified November 2026

Pay to the order ofYou, the seller$370,785

Three hundred seventy thousand seven hundred eighty-five and 00/100 dollars

$400,000 sale, less $29,215 in costs and payoff

Itemised estimate
Sale price	$400,000
Agent commission	-$22,000
Transfer taxRate: Stepped scale, about 0.4% to 1.2%, plus 1% to 3.5% above $1 million. Usually paid by the seller.	-$3,215
Other closing costs	-$4,000
Mortgage payoff	$0
You keep	$370,785

How transfer tax works in New Jersey

Rate: Stepped scale, about 0.4% to 1.2%, plus 1% to 3.5% above $1 million
Who usually pays: The seller pays the realty transfer fee. Since July 10, 2025 the seller also pays the graduated fee on sales above $1 million, which the buyer used to pay as a flat 1%.
Local taxes: None.
Official source: New Jersey Division of Taxation, Graduated Percent Fee notice
Last verified: November 2026

Up to $350,000: $2.00 per $500 on the first $150,000, $3.35 per $500 to $200,000, then $3.90 per $500.
Above $350,000: $2.90 per $500 on the first $150,000, $4.25 to $200,000, $4.80 to $550,000, $5.30 to $850,000, $5.80 to $1 million, then $6.05.
Sellers who are 62 or older, blind, disabled, or selling low and moderate income housing pay reduced rates that are not in the calculator.

New Jersey transfer tax at common sale prices

Sale price	Total transfer tax	Seller's usual share	Seller keeps before mortgage payoff
$150,000	$600	$600	$139,650
$250,000	$1,325	$1,325	$232,425
$400,000	$3,215	$3,215	$370,785
$600,000	$5,185	$5,185	$555,815
$1,000,000	$9,575	$9,575	$925,425

Assumes a 5.5% agent commission and 1% in other closing costs. Change any figure in the calculator above.

Questions New Jersey sellers ask

How much is transfer tax in New Jersey?

New Jersey charges Stepped scale, about 0.4% to 1.2%, plus 1% to 3.5% above $1 million. On a $400,000 sale the total comes to $3,215, and the seller's usual share is $3,215.

Who pays the transfer tax in New Jersey, the buyer or the seller?

The seller pays the realty transfer fee. Since July 10, 2025 the seller also pays the graduated fee on sales above $1 million, which the buyer used to pay as a flat 1%.

Are there city or county transfer taxes in New Jersey?

No. The rate is the same everywhere in New Jersey.

How do I estimate my net proceeds in New Jersey?

Start with the sale price, then subtract the agent commission, your share of the transfer tax, title and closing fees, and the balance left on your mortgage. On a $400,000 sale with a 5.5% commission and 1% in other costs, a New Jersey seller keeps about $370,785 before paying off the mortgage.

Buying in New Jersey instead? See taxes when buying a house in New Jersey.

More on the basics: What closing costs does a seller pay?, Who pays the transfer tax, the buyer or the seller?, How to calculate net proceeds from a home sale.