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New Jersey Seller Net Proceeds Calculator

Estimate New Jersey seller net proceeds after typical seller closing costs, including real estate commission, NJ Realty Transfer Fee (RTF), NJ Graduated Percent Fee (GPF) for sales over $1,000,000, and common seller-paid expenses.

What this calculator includes

  • Real estate commission (percent or flat fee, negotiable, but commonly between 4 and 5%)
  • NJ Realty Transfer Fee (RTF) (standard and partial exemption schedules)
  • NJ Graduated Percent Fee (GPF) for consideration over $1,000,000
  • Nonresident estimated tax (minimum 2% of consideration; optional gain-based estimate)
  • Common seller costs such as attorney fee, title/settlement fees, payoff, credits, and prorations
Sale details
Contract sale price / consideration.
Choose percent or a fixed dollar amount (optional).
Enter a percentage (leave blank if using flat fee).
Enter a flat amount (leave blank if using %).
New Jersey taxes and seller status
RTF rates can differ for partial exemptions.
Nonresident sellers may be required to remit estimated NJ tax at closing (minimum 2% of consideration).
If provided, the estimate also considers a gain-based calculation; minimum 2% still applies.
Optional. If blank, a default highest rate is used internally for estimation.
Other seller costs (common)
Enter a positive number if it costs the seller (credit to buyer).

FAQ: New Jersey seller closing costs

What is net proceeds for a home seller?

Net proceeds are the amount a seller may receive after paying seller-side costs such as real estate commission, New Jersey transfer taxes/fees, mortgage payoff, title/settlement charges, attorney fees, credits, and prorations.

Does New Jersey have a realty transfer fee?

Yes. New Jersey imposes a Realty Transfer Fee (RTF) that is generally based on sale consideration and can vary by exemption status.

When does the NJ Graduated Percent Fee apply?

Under the current schedule, the NJ Graduated Percent Fee (GPF) applies to certain transfers with consideration over $1,000,000.

Do nonresident sellers pay an “exit tax” in New Jersey?

Nonresident sellers may be required to remit estimated New Jersey income tax at closing. This calculator applies a minimum of 2% of consideration, and if you enter an estimated gain it also computes a gain-based estimate.