New Jersey
For New Jersey, tax name is Realty Transfer Fee; rate brackets is 1% of total consideration if in excess of $1,000,000 but not in excess of $2,000,000; 2% of total consideration if in excess of $2,000,000 but not in excess of $2,500,000; 2.5% of total consideration if in excess of $2,500,000 but not in excess of $3,000,000; 3% of total consideration if in excess of $3,000,000 but not in excess of $3,500,000; 3.5% of total consideration if in excess of $3,500,000; who pays is The seller is statutorily responsible for the RTF and the Graduated Percent Fee; minimum or exemption floor is For a consideration of less than $100, verified against its source on 2026-08-31.
- State
- New Jersey our reading
- Tax name
- Realty Transfer Fee verified
- Rate brackets
- 1% of total consideration if in excess of $1,000,000 but not in excess of $2,000,000; 2% of total consideration if in excess of $2,000,000 but not in excess of $2,500,000; 2.5% of total consideration if in excess of $2,500,000 but not in excess of $3,000,000; 3% of total consideration if in excess of $3,000,000 but not in excess of $3,500,000; 3.5% of total consideration if in excess of $3,500,000. verified
- Who pays
- The seller is statutorily responsible for the RTF and the Graduated Percent Fee. verified
- Minimum or exemption floor
- For a consideration of less than $100 verified
Values marked our reading are our classification of what the source says — the source does not print them in those words. The quote below is the evidence for each one; judge it yourself.
What the source says
Realty Transfer Fee The State imposes a Realty Transfer Fee (RTF) on the seller of real property for recording a deed for the sale. The RTF is calculated based on the amount of consideration recited in the deed, or in certain instances, the assessed valuation of the property conveyed, divided by the Director's Ratio.
— nj.gov, retrieved 2026-08-31
Where each value comes from
This source states these in separate places, so each value is shown with the passage that states it.
Rate brackets
The Graduated Percent Fee on transfers over $1 Million shall be imposed as follows: 1% of total consideration if in excess of $1,000,000 but not in excess of $2,000,000; 2% of total consideration if in excess of $2,000,000 but not in excess of $2,500,000; 2.5% of total consideration if in excess of $2,500,000 but not in excess of $3,000,000; 3% of total consideration if in excess of $3,000,000 but not in excess of $3,500,000; 3.5% of total consideration if in excess of $3,500,000.
Who pays
The seller is statutorily responsible for the RTF and the Graduated Percent Fee.
Minimum or exemption floor
The RTF does not apply to a deed: For a consideration of less than $100;
— all from nj.gov, retrieved 2026-08-31
Source
- nj.govhttps://www.nj.gov/treasury/taxation/realty.shtml