Generally, in New Jersey, the Seller pays the Transfer Tax. If you qualify for an exemption, you are entitled to pay a reduced amount. Consult your attorney to see if any of these exemptions apply to you.
Note:If purchase price is over 1 million dollars, a 1% mansion tax may be due. Please see State of NJ RTF-1EE affidavit of consideration for use by buyer for more information and for more instructions.