This calculator provides an estimate of the Realty Transfer Fee (RTF) that you will need to pay when you sell real property in New Jersey.
Instructions: Enter your home’s sales price and click the “Calculate” button.
Disclaimer
This calculator provides an estimate for informational purposes only. It does not constitute legal, financial, or tax advice. Actual fees may vary based on individual circumstances. Please consult a qualified tax attorney or accountant to understand how the Realty Transfer Fee and any supplemental fees apply to your situation.
Understanding Realty Transfer Fees
The Realty Transfer Fee (RTF) was established in New Jersey in 1968 to offset the costs of tracking real estate transactions. Upon the transfer of the deed to the buyers the seller pays the RTF, which is based on their property's sales price. Payment of the RTF is a prerequisite for recording the deed. In addition to the RTF paid by sellers, a 1% fee is required to be paid by the buyer on all transactions over $1,000,000 in both commercial and residential property classes. However, beginning July 10, 2025, pursuant to N.J.S.A. 46:15-7.2, this 1% buyer fee is eliminated. Instead, a supplemental fee is imposed on the seller for transactions exceeding $1 million. This supplemental fee is calculated based on a tiered percentage structure, depending on the sales price, as outlined in the calculator above. The supplemental fee is separate from, and is assessed in addition to, the standard RTF. The RTF and the supplemental fee are usually collected at the real estate closing by the legal representatives or title insurance agents responsible for recording the deed at the county registry offices. The funds are then shared between the state and counties. The state portion of the revenue is allocated to neighborhood revitalization, shore protection, and the state's general fund. The counties are responsible for disbursement of their portion of the revenue. Unlike the supplemental fee, certain transactions may be exempt from the RTF. By way of example, the RTF does not apply to sales for less than $100 or to transactions made between husbands and wives or parents and children. Senior Citizens, blind or disabled persons, and low-and moderate-income housing may qualify for a partial exemption from the RTF. An Affidavit of Consideration must be filed with any deed in which a full or partial exemption is claimed from the RTF. More information on the RTF and the supplement fee is available from the New Jersey Department of the Treasury or by calling (609) 292-7974.
