Real Estate
Calculators
Quick estimates for the Greater Princeton market, your monthly mortgage payment with local property taxes, how much home you can afford, and a seller net-proceeds tool with a built-in NJ Realty Transfer Fee (RTF) / transfer tax calculator.
Estimate only. In NJ, property tax is billed on a home's assessed value, which often differs from the sale price, we default the assessment to your price, so enter the actual assessment for a precise figure. Town rates are approximate; confirm your property's rate. PMI is estimated at 0.5%/yr of the loan when the down payment is under 20%.
Uses the standard 28/36 rule: housing costs up to 28% of gross monthly income, total debt up to 36%. A lender's pre-approval considers credit, assets, and program type and is the real number to plan around. Ask us for a trusted lender introduction →
Estimate only, not legal or tax advice. The NJ Realty Transfer Fee is the state's seller-paid graduated schedule; as of July 10, 2025 sales over $1,000,000 also carry a seller-paid graduated fee (1% to 3.5% of the full price). Confirm exact figures with your attorney or the NJ REALTORS® RTF calculator. Capital-gains tax (if any) is separate.
Want the real number for your home?
These are quick estimates. For an accurate, comp-based valuation or a line-by-line seller net sheet, we'll put it together for you, no obligation.
Get a Free Valuation →NJ Realty Transfer Fee
Calculator & transfer tax guide
How much is the NJ transfer tax? New Jersey's Realty Transfer Fee (RTF), often searched as the "NJ transfer tax" or "realty transfer tax", is a graduated, seller-paid state fee due at closing when a property changes hands. It runs from roughly 0.4% to 1.21% of the sale price. For example, the RTF on a $600,000 home is about $5,435; on a $1,500,000 home it is about $16,200, plus a separate graduated fee on sales over $1 million (about $15,000 on a $1.5M sale), for roughly $31,200 total. The schedule below shows the rate on each portion of the price. Enter a price in the calculator for the fee on its own, or use the Net Proceeds & NJ Transfer Fee tab for a full seller net sheet.
NJ Realty Transfer Fee rate schedule
| Portion of sale price | RTF rate | Per $500 |
|---|---|---|
| First $150,000 | 0.58% | $2.90 |
| $150,001 to $200,000 | 0.85% | $4.25 |
| $200,001 to $350,000 | 0.96% | $4.80 |
| $350,001 to $550,000 | 1.06% | $5.30 |
| $550,001 to $850,000 | 1.16% | $5.80 |
| Over $850,000 | 1.21% | $6.05 |
Rates apply to each portion of the price (marginal), for sales over $350,000. Homes at or under $350,000 use a lower schedule (0.4%, then 0.67%, then 0.78%). Sellers who are 62 or older, blind, or disabled get roughly a 50% reduction on a primary residence.
Graduated fee on sales over $1 million
Seller-paid since July 10, 2025, applied to the full purchase price (this replaced the old buyer-paid 1% mansion tax).
| Sale price | Added fee (of full price) |
|---|---|
| $1,000,001 to $2,000,000 | 1.0% |
| $2,000,001 to $2,500,000 | 2.0% |
| $2,500,001 to $3,000,000 | 2.5% |
| $3,000,001 to $3,500,000 | 3.0% |
| Over $3,500,000 | 3.5% |
How much is the NJ Realty Transfer Fee?
The Realty Transfer Fee is graduated and seller-paid, running from about 0.4% to 1.21% of the sale price. On a $600,000 Greater Princeton home it is about $5,435; on a $1,500,000 home about $16,200, plus a separate graduated fee on sales over $1 million. Use the calculator above for your exact figure.
Who pays the realty transfer fee in NJ, buyer or seller?
The seller pays the RTF at closing. Sellers who are 62 or older, blind, or disabled get roughly a 50% reduction on a primary residence.
What about homes over $1 million (the mansion fee)?
As of July 10, 2025, sales over $1,000,000 carry an additional seller-paid graduated fee of 1% to 3.5% of the full purchase price, a change from the prior buyer-paid 1% mansion tax. On a $1,500,000 sale that adds about $15,000. The calculator applies it automatically once the price crosses $1 million.
Is the transfer fee the same as capital-gains tax?
No. The Realty Transfer Fee is a transfer cost at closing; capital-gains tax is separate and based on your profit. To defer capital gains on an investment sale, see our 1031 exchange calculator and guide.