Bill
A 5804
Modifies payer of additional fees and taxes imposed on certain real property transfers; modifies fees and taxes imposed on property transfers valued over $2 million.
2024-2025 Regular Session
Introduced by Verlina Reynolds-Jackson and 1 co-sponsor
New Jersey law shifts real property transfer tax and fee obligations for sales over $2 million, changing which party pays specific amounts during high-value property transactions.
Approved P.L.2025, c.69.