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  1. Sep 14, 2023 · How much are closing costs in New Jersey? According to CoreLogic’s ClosingCorp , typical closing costs in New Jersey equal 1.7 percent of a home’s sale price.

  2. Oct 18, 2024 · How Much Are Closing Costs in New Jersey? Closing costs in New Jersey are, on average, $4,645 for a home priced at $333,522, according to a 2021 report by ClosingCorp, which researches residential real estate data.

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  3. Jan 26, 2024 · On average, closing costs in New Jersey are typically 1.7% of the property’s sales price. This is lower than rates in other states, such as New York or Pennsylvania. Likewise, the New Jersey Association of Realtors (NJAR) revealed that the median price of a single-family home was about $515,000.

  4. Apr 20, 2023 · Buyers typically pay: 2%-3% of the home’s price. Sellers typically pay: 5%-8% of the home’s price (including agent commissions that average 4%-6% in NJ.) That said, buyers and sellers can negotiate to determine who pays specific closing fees.

  5. Jun 22, 2024 · In New Jersey, closing costs for buyers usually range between 2% and 5% of the home’s purchase price. For sellers, the closing costs can range from 5% to 8% of the home’s sale price, with the real estate agent’s commission forming the bulk of this amount.

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  6. Typical closing costs and pre-paid expenses for NJ home buyers are 2% to 5% of the purchase price. The finalized amount of closing costs a buyer pays in New Jersey can vary, due to a number of factors. Generally speaking, a more expensive home will result in higher costs.

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  8. Jul 20, 2024 · Closing costs in New Jersey for buyers typically range from 2%-5%. In most cases, you’ll pay earnest money, typically 1% to 3% of the home price, upon reaching mutual acceptance in your home purchase.

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