New Jersey mortgage guides
Plain-English articles on New Jersey home financing, NJHMFA programs, the mansion tax, and the real numbers that move a deal. Written by Mike Certo, NMLS #260555.
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Closing costs ·
New Jersey flipped the mansion tax to the seller in 2025. Here is what it costs now.
The old flat 1% buyer mansion tax is gone. Since mid-2025 the seller pays a graduated fee up to 3.5%. Here is the current math and who it hits.
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More New Jersey guides are on the way. In the meantime, the first-time buyer guide and the down payment assistance guide cover the essentials.