New Jersey Real Estate Transfer Tax (2026)
New Jersey's real estate transfer tax is ~0.8% (graduated RTF), which comes to about $3,215 on a $400,000 home. It's customarily paid by the seller and collected at closing when the deed is recorded. The Realty Transfer Fee is graduated. The 1%+ "mansion tax" (sales over $1M) flipped from buyer to seller in July 2025.
Verified July 2026 from official sources. How we verify fees.
The transfer tax in New Jersey
- Rate: ~0.8% (graduated RTF)
- On a $400,000 home: ~$3,215 (state-level)
- Who customarily pays: Seller
- Local county/city add-on: No
Good to know
The Realty Transfer Fee is graduated. The 1%+ "mansion tax" (sales over $1M) flipped from buyer to seller in July 2025. The transfer tax is paid once, at closing, when the deed is recorded — it's separate from your annual property tax. Compare every state on our transfer tax by state ranking.
Frequently asked questions
How much is the real estate transfer tax in New Jersey?
~0.8% (graduated RTF) — about $3,215 on a $400,000 home.
Who pays the transfer tax in New Jersey?
By custom, the seller pays it, though it's usually negotiable in the purchase contract.
Does New Jersey have local (city or county) transfer taxes?
No — New Jersey has no meaningful local transfer tax; the state figure is the whole story.