Closing costs in New Jersey
What a buyer or seller pays at the closing table in New Jersey — the real transfer-tax rate, recording fees, title-insurance method and attorney rules, plus a calculator that uses New Jersey's actual rates.
- Transfer tax
- 1%
- customarily seller-paid
- Recording fee (deed)
- ~$100
- a flat fee per document
- Title insurance
- promulgated
- ~$5.00 / $1,000
- Attorney at closing
- Not required
New Jersey in the national transfer-tax dataset
1%, #4 of 51 nationally; at $400,000, that is $3,360 above the median $640 tax at $400,000. The comparison uses the 51 source-verified state and DC records in the TallyClose dataset; null transfer-tax states count as 0% rather than being filled with an estimate.
- National rank
- #4 of 51
- highest state transfer-tax rate first
- Median-state tax at $400,000
- $640
- New Jersey: $4,000
- County coverage
- 3
- 0 with a city-tax field
New Jersey transfer-tax data: official source linked on this page, reviewed 2026-Q2.
How closing costs work in New Jersey
The biggest closing-cost variable in New Jersey is the real-estate transfer tax, which here is 1% and is customarily seller-paid. New Jersey's Realty Transfer Fee is graduated, working out to roughly 0.4%–1.0% on typical homes and paid by the seller. On purchases above $1,000,000 the BUYER also pays an additional 1% 'mansion tax'. New Jersey is not an attorney-required state by statute, but attorney involvement (and a 3-day attorney-review period) is the universal custom.
On a $400,000 home, the state-level transfer tax works out to roughly $4,000 , before any county or city add-ons. County recording fees are a flat fee per document and run around $100 for the deed.
For title insurance, New Jersey title-insurance premiums are promulgated — set by the state and identical at every company, so you can't shop the premium itself. New Jersey does not require an attorney at closing — a title or escrow company typically handles settlement, though you can hire an attorney if you want one. Lenders here typically charge $1,600–$3,500 in origination and processing fees, and 2 months of property-tax escrow is commonly collected at closing.
Statute: N.J.S.A. 46:15-7 (Realty Transfer Fee). Official source ↗
New Jersey closing cost calculator
Pre-set to New Jersey. Adjust your price, down payment and loan type.
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Counties in New Jersey
County and city taxes can change the total significantly. Open a county for its precise rate.
Frequently asked questions
How much are closing costs in New Jersey?
In New Jersey, buyer closing costs typically run about 2%–5% of the purchase price. The state-specific pieces are the transfer tax (1%, customarily seller-paid), county recording fees (a flat fee per document, around $100), and title insurance. New Jersey does not require an attorney at closing. Use the calculator above for your price.
What is the transfer tax in New Jersey?
New Jersey's real-estate transfer tax is 1% and is customarily seller-paid. New Jersey's Realty Transfer Fee is graduated, working out to roughly 0.4%–1.0% on typical homes and paid by the seller. On purchases above $1,000,000 the BUYER also pays an additional 1% 'mansion tax'. New Jersey is not an attorney-required state by statute, but attorney involvement (and a 3-day attorney-review period) is the universal custom.
Who pays closing costs in New Jersey?
Both buyer and seller pay different items. The transfer tax in New Jersey is customarily seller-paid. Buyers generally cover lender fees, the appraisal, lender's title insurance and prepaids; sellers generally cover the agent commission and, in most states, the bulk of the transfer tax. Everything is negotiable in the contract.
Do I need an attorney to close in New Jersey?
No. New Jersey does not require an attorney at closing; a title or escrow company typically handles settlement. You may still choose to hire one.
Closest transfer-tax comparisons
Algorithmic neighbors by verified transfer-tax rate, not a static related-links block.
Know when closing-cost rates change
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