Taxes & Costs

The gap between a sale price and what lands in your account surprises most sellers, and in New Jersey there are a few line items people genuinely do not see coming — the realty transfer fee, the withholding applied at closing when the seller is not a New Jersey resident, and the capital gains treatment of a property that was not your primary residence. These guides walk through where the money goes.

Worth reading before you agree a price rather than after, because several of these costs are negotiable between buyer and seller and a couple depend on decisions you make earlier. Nothing here is tax advice — for anything turning on your own circumstances, talk to an accountant.