Legal and Title Costs
Varies, depending on attorney and complexity of transaction: $900 to $1,500
Liens
a. Mortgage, varies
b. Mortgage Cancellation Fee $40.00 to $75.00
c. Other Liens
Realty Transfer Tax For NJ (see guide at bottom)
Adjustments
(Either a credit or charge to adjust for payments
made prior to or beyond the closing date)
a. Tax ________
b. Water/Sewer ________
c. Oil in tank _______
d. Homeowner’s Association Fees _______
Certificate of Occupancy
(If applicable) $40.00 to $125.00
Smoke Detector
$25.00 to $50.00
Carbon Monoxide Certificate
$25.00 to $75.00
Real Estate Commission
Consult with your real estate agent
NJ Non-Resident Income Tax
Estimated taxes are paid when deed is recorded. Minimum amount is 2% of sales price. (Exemptions apply; consult your attorney for details)