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  1. Sellers pay a 1% Realty Transfer Fee on all home sales. The buyer is not responsible for this fee. However, buyers may pay an additional 1% fee on all home sales of $1 million or more. You can find more information on the Realty Transfer Fee, including rates and exemptions, here.

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  2. May 17, 2024 · Property taxes: Even though you’re in contract to sell your house, you’re responsible for paying property taxes right up until the sale officially closes. If you’re part of a homeowners...

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  3. Nov 1, 2024 · It costs $57,915 to sell a house in New Jersey on average! Use our cost of selling a house calculator to see how much you'll pay when you sell your home.

  4. Dec 4, 2023 · Filing Topics. Sale of a Residence. If you sold your primary residence, you may qualify to exclude all or part of the gain from your income. Your capital gain is calculated the same way as it is for federal purposes. Any amount that is taxable for federal purposes is taxable for New Jersey purposes.

  5. Oct 9, 2024 · What are the taxes, fees and costs of selling a home? Here are just a few of the taxes, fees and other added costs to be aware of when selling a home. Transfer taxes when selling a home.

  6. Aug 22, 2024 · While every home sale is different, this calculator can help you get a rough estimate of your selling costs in New Jersey. Here are the typical costs to sell in New Jersey: Listing commission: 5.07%; Repairs, staging and prep: $2,802; Seller concessions: 2.52%; Relocation expenses: up to $5,121; Closing costs: 3.21%; Real estate attorney: $260 ...

  7. Feb 29, 2024 · Data from New Jersey Realtors shows that the median sale price of a single-family home here in January was $505,000 — a healthy 12.2 percent increase over last year and well above the...

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