New Jersey Seller Net Proceeds Calculator

Where the Money Goes at a New Jersey Closing

The listing price and the check you take home are very different numbers. A typical New Jersey seller gives up around 5% to an agent commission, pays the state's realty transfer fee of roughly 1%, covers an attorney and small title and recording charges, and then pays off whatever is left on the mortgage and any HELOC. On a $450,000 sale with a $200,000 payoff, it's common to walk away with far less than half the sale price. The calculator above itemizes each piece using the official Division of Taxation fee schedules, so you can see exactly which lines are negotiable and which are law.

Two Costs That Surprise Sellers

Above $1 million, New Jersey now adds the seller-paid graduated percent fee, starting at 1% of the entire price and climbing to 3.5% on the priciest homes. The calculator adds it automatically when your price crosses the line. And if you're leaving the state, closing agents also withhold an estimated tax payment, the so-called exit tax. It's not included in the itemization above because residents pay nothing, so estimate yours separately with the exit tax calculator and subtract it if it applies.

The Line Items a Cash Sale Removes

Set the commission field to zero and watch the result change. That's the honest way to compare a direct cash sale, which has no agent commission, no repair credits after inspection, and no months of carrying costs while you wait for a buyer's mortgage. The transfer fee applies either way because it's state law. For the full cost breakdown with worked examples, see our guide on what it costs to sell a house in New Jersey, and check the transfer fee calculator for the senior discount that cuts the state fee by more than half.