New Jersey Seller Closing Cost Calculator
The realty transfer fee plus the graduated percent fee: 1% to 3.5% of the entire price above $1M, seller-paid since July 10, 2025. Each tier is a cliff on the whole price.
New Jersey’s mansion tax cliffs: where a higher price nets the seller less →
Your sale
On a $2.00M sale in Montclair, seller closing costs run approximately $143,675 (7.18% of price), including the $21,675 realty transfer fee and the 1.0% graduated fee on the entire price. Both are seller-paid in New Jersey since July 10, 2025.
Statutory fees
$41,675Per $500 of price (rounded up), marginal: $2.90 to $150K, $4.25 to $200K, $4.80 to $550K, $5.30 to $850K, $5.80 to $1M, $6.05 above. Reduced rates apply to some senior, blind or disabled sellers (not the graduated fee).
Source: N.J.S.A. 46:15-7 et seq.; NJ Division of Taxation fee schedule
1.0% of the entire price. Seller-paid since July 10, 2025. Tiers apply to the whole price: over $1M 1%, over $2M 2%, over $2.5M 2.5%, over $3M 3%, over $3.5M 3.5%.
Source: N.J.S.A. 46:15-7.2, as amended by P.L.2025, c.69
Broker + service fees
$102,000Estimated at 5%.
Source: Market typical (negotiable)
Source: Market typical (North Jersey)
Source: Essex County Clerk fee schedule
Note: The graduated fee applies to the whole price, so each threshold is a cliff. At $2,000,000 or less this sale stays in the lower tier; one dollar more raises the rate on the entire price.
Note: Non-resident sellers make an estimated New Jersey income-tax payment at closing (Form GIT/REP-1). It is a tax prepayment, not a closing cost; closing counsel calculates it.
Planning a New Jersey sale?
The figures above are statutory taxes and estimated fees. Send the town and your price range to discuss the transaction and, where it connects to an NYC sale or purchase, how the two sides fit together.
The Roebling Team at Compass executes transactions directly in Manhattan. For New Jersey buyers and sellers, we collaborate with Compass agents in New Jersey via referral — clients work with the best on-the-ground representation while keeping the analytical framework consistent across markets. This calculator is an informational research tool, not solicitation of representation.
For trans-market clients (Manhattan + New Jersey portfolios) or to discuss your specific transaction, schedule a consultation. Where appropriate, we’ll introduce you to a vetted Compass agent in the local market.