Bill
A 6015
Increases threshold from $1 million to $2 million for imposition of certain fees and taxes on certain real property transfers.
2024-2025 Regular Session
Introduced by Bob Auth and 4 co-sponsors
New Jersey bill raises the property transfer tax threshold from $1 million to $2 million, reducing fees on mid-to-high value home sales but decreasing state tax revenue.
Introduced in the Assembly, Referred to Assembly Housing Committee