What is the real estate transfer tax in New Jersey?

In New Jersey, the grantor pays the county recording officer a realty transfer fee when the deed is offered for recording: a basic fee of a $1.25 State portion and a $0.50 county portion for each $500 of consideration, an additional $0.75 for each $500 above $150,000, a general purpose fee of $0.90 to $2.15 for each $500 on deeds over $350,000, and a supplemental fee of $0.25 to $1.40 for each $500. The grantor of a deed for residential property, a cooperative unit, farm property with a residence, or commercial property also pays a fee on the entire consideration of 1 percent above $1,000,000, 2 percent above $2,000,000, 2.5 percent above $2,500,000, 3 percent above $3,000,000 and 3.5 percent above $3,500,000, for transfers on or after July 10, 2025. Deeds between husband and wife or parent and child are exempt, as are deeds by an executor or administrator to a devisee or heir distributing the estate. Counties and cities can add their own tax where state law lets them, so check the county where the deed is recorded. This is N.J.S.A. 46:15-7, 46:15-7.1, 46:15-7.2, 46:15-10.

WhatNew Jersey
State transfer taxGraduated fee per $500 of price, paid by the seller

What the statute says

“… a grantor shall pay to the county recording officer at the time the deed is offered for recording the following fees: (1) A basic fee, which basic fee shall consist of (a) a State portion at the rate of $1.25 for each $500.00 of consideration …”

Quoted word for word from the section’s text.

Source

N.J.S.A. 46:15-7, 46:15-7.1, 46:15-7.2, 46:15-10

Read the statute in the New Jersey Statutes (New Jersey Legislature): njleg.state.nj.us.

The linked sections open Justia’s free copy of the code, because the state’s own site has no stable address for each section.

Checked against the statute on November 15, 2026.

This is a summary of a published statute, not legal advice. Rules change, local ordinances can add to them, and the terms of a specific lease may differ. Check the citation and speak to a lawyer before acting.

How Seayora uses this rule

This page states the state’s rule so the costs and paperwork of a sale can be checked against it before a contract is signed. An owner on Seayora keeps each property’s owners of record and its documents in one place.

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