NJ and NY transfer tax calculator
Enter the price and where the home is. See each transfer tax, the amount, and whether the buyer or the seller pays it. Rates come from the official state and city schedules.
Your numbers
The numbers filled in are examples only. Replace them with your own.
Residential sales only. Exemptions other than the NJ partial exemption are not applied, and a contract can change who pays. Your attorney or title company confirms the final numbers. Official rates: NJ Division of Taxation, Realty Transfer Fees · NJ Division of Taxation, Graduated Percent Fee memo (July 2, 2025) Rates checked November 2026.
Results
- Seller pays
- $4,175
- Buyer pays
- $0
- NJ realty transfer fee · seller
- $4,175
Estimate only, not a loan offer or advice. Real costs depend on your lender, credit, taxes and insurance quotes.
Questions people ask
- Who pays the realty transfer fee in New Jersey?
- The seller. The fee is charged per $500 of the price, and the rate per $500 goes up with the price. Sales over $350,000 use a higher schedule for the whole amount.
- What is the New Jersey mansion tax now?
- Since July 10, 2025 it is called the Graduated Percent Fee and the seller pays it, not the buyer. It is a percent of the whole price: 1% over $1 million, 2% over $2 million, 2.5% over $2.5 million, 3% over $3 million and 3.5% over $3.5 million.
- What is the New York mansion tax?
- The buyer pays 1% of the whole price on a home that sells for $1 million or more. In New York City a supplemental tax is added from $2 million, so the buyer's total rate goes from 1.25% up to 3.9%.
- What does a seller pay in New York City?
- The New York State transfer tax (0.4%, or 0.65% at $3 million or more) plus the NYC Real Property Transfer Tax (1% up to $500,000, 1.425% above).
- Is the NYC mortgage recording tax included?
- Yes, if you enter a loan amount. The borrower pays 1.8% of a loan under $500,000 and 1.925% at $500,000 or more on a 1 to 3 family home or condo. Co-op loans do not pay it. Outside NYC the rate depends on the county, so it is not included.
- Can I get a reduced New Jersey fee?
- A partial exemption can apply to sellers who are 62 or older, blind or disabled, and to some low and moderate income housing. The seller files Form RTF-1 with the deed. Check with your attorney that you qualify.