New Jersey Realty Transfer Fee Calculator
Calculate transfer taxes and fees for New Jersey property sales
Seller Transfer Fees
Calculate standard RTF and exemptions
Buyer Transfer Fees
Calculate 1% fee for properties over $1M
Special Exemptions
Senior, disabled, and new construction rates
Calculate NJ Transfer Fees
Understanding NJ Transfer Fees
What is the Realty Transfer Fee?
The Realty Transfer Fee (RTF) is a tax imposed by the State of New Jersey when recording deeds for property transfers. Established in 1968, the RTF helps offset costs associated with tracking real estate transactions.
Who Pays the Transfer Fee?
The seller typically pays the basic transfer fee. However, for properties over $1 million, the buyer must pay an additional 1% fee if the property is classified as residential, farm, commercial, or cooperative unit.
Available Exemptions
- Senior citizens aged 62 or older
- Blind or disabled persons
- Low and moderate income housing
- New construction properties
- Transfers between spouses or parent/child
Frequently Asked Questions
When is the transfer fee paid?
The transfer fee must be paid at closing before the deed can be recorded with the county clerk.
Are there any exemptions from the fee?
Yes, certain groups qualify for partial exemptions, including senior citizens, disabled persons, and low-income housing transfers.
How is the 1% buyer's fee calculated?
For properties over $1 million, buyers pay 1% of the entire purchase price, not just the amount over $1 million.