If you are selling your house you have the usual closing costs including the commission you will pay for your real estate agent, who will split their commission with the buyer’s agent and the brokers for both sides. But if you have not sold a house in a while you may not be aware that in New Jersey we must pay tax to sell our homes. This tax is called the Realty Transfer Tax. It would be nice if the government would have made this an “easy to calculate” tax, but they have not. But never fear, you can figure the amount of your expected tax over at Vested Title.

New Jersey Realty Transfer Fee Calculator