New Jersey mansion tax calculator

Enter a sale price to find the tax and the person who pays it.

The calculation follows the statute’s tiers and usual payer; it does not apply exemptions or first-time buyer reductions.

Without JavaScript the calculator cannot work out the tax. These are the New Jersey rates it uses.

Realty Transfer Fee: Each band uses its own rate; the top rate is 1.21%.
Who pays the tax?: Seller Under the law, the seller (grantor) pays when the deed is recorded. These bands apply to sales over $350,000; lower rates apply to sales at or below $350,000.
Recording the deed: Middlesex County fee schedule: $45

NJ mansion tax rates over $1 million

$0 to $150,0000.58%

$150,000 to $200,0000.85%

$200,000 to $550,0000.96%

$550,000 to $850,0001.06%

$850,000 to $1,000,0001.16%

$1,000,000 and up1.21%

Every band is taxed at its own rate.