Transfer Tax on a $350,000 Home in New Jersey
The New Jersey transfer tax on a $350,000 purchase is $2,105 (marginal brackets: 0.4% up to $150,000, 0.67% from $150,000 to $200,000, 0.78% from $200,000 to $350,000, 0.58% from $350,000 to $150,000, 0.85% from $150,000 to $200,000, 0.96% from $200,000 to $550,000, 1.06% from $550,000 to $850,000, 1.16% from $850,000 to $1,000,000, 1.21% above $1,000,000).
Nearby prices
| Purchase price | State tax | Mansion tax | Total |
|---|---|---|---|
| $150,000 | $600 | $0 | $600 |
| $200,000 | $935 | $0 | $935 |
| $250,000 | $1,325 | $0 | $1,325 |
| $300,000 | $1,715 | $0 | $1,715 |
| $350,000 | $2,105 | $0 | $2,105 |
| $400,000 | $4,450 | $0 | $4,450 |
| $450,000 | $4,930 | $0 | $4,930 |
| $500,000 | $5,410 | $0 | $5,410 |
| $600,000 | $6,420 | $0 | $6,420 |
| $700,000 | $7,480 | $0 | $7,480 |
| $800,000 | $8,540 | $0 | $8,540 |
| $1,000,000 | $10,810 | $10,000 | $20,810 |
Transfer tax calculator
Who pays
In New Jersey the seller pays the transfer tax by statute or custom, so it usually reduces the seller's proceeds rather than adding to the buyer's closing costs. As of July 10, 2025 (P.L. 2025, c.57) the entire RTF, including the Graduated (mansion) Fee on sales over $1,000,000, is payable by the seller/grantor. Before that date the base RTF was seller-paid but the mansion tax was buyer-paid. Source
Frequently asked questions
How much is the transfer tax on a $350,000 house in New Jersey?
$2,105: the state rate is marginal brackets: 0.4% up to $150,000, 0.67% from $150,000 to $200,000, 0.78% from $200,000 to $350,000, 0.58% from $350,000 to $150,000, 0.85% from $150,000 to $200,000, 0.96% from $200,000 to $550,000, 1.06% from $550,000 to $850,000, 1.16% from $850,000 to $1,000,000, 1.21% above $1,000,000.
Who pays it?
In New Jersey the seller pays the transfer tax by statute or custom, so it usually reduces the seller's proceeds rather than adding to the buyer's closing costs. As of July 10, 2025 (P.L. 2025, c.57) the entire RTF, including the Graduated (mansion) Fee on sales over $1,000,000, is payable by the seller/grantor. Before that date the base RTF was seller-paid but the mansion tax was buyer-paid. Source
Sources
Rates as the statute or revenue department publishes them, checked 2026-09-22. Figures are computed from those rates and rounded to the dollar; exemptions for first-time buyers or principal residences are noted where they exist and are not applied. All sources.
New Jersey transfer tax overview → Title insurance on a $350,000 home in New Jersey →
Figures are computed from the statute cited above and rounded to the dollar. This is general information, not tax or legal advice.
New Jersey transfer tax