Realty Transfer Fee
The Realty Transfer Fee, or the New Jersey Home Sales Tax, is a state-imposed fee begun in 1968 as a nominal charge for tracking real estate transactions. It has increased dramatically in recent years, adding to closing costs and the overall price of a home.
The New Jersey State Legislature in the past has considered increasing the Home Sales Tax by permitting individual municipalities to establish their own fees in addition to those charged by the state.
Click here to learn more about about the Realty Transfer Fee and what you can do about it.
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