How much will I make selling my home in New Jersey?
The number that matters: what you walk away with
The sale price is not what you make. Enter the price you expect, what you still owe and what you spent getting ready, and this calculator takes off the commission, your attorney, the New Jersey Realty Transfer Fee and the mansion tax from the official 2026 schedule, and shows your estimated net proceeds.
I am Bogdan Nicolae Rus, a REALTOR® with eXp Realty (New Jersey license #2186044) in Hoboken. Every seller I work with gets this sheet before signing a listing agreement, so the net is never a surprise at the closing table. I work in English, Romanian and Spanish. Vorbim românește. Se habla español.
Estimate your net proceeds
Estimated net proceeds
- Sale price
- Mortgage payoff
- Commission
- Realty Transfer Fee (state schedule)
- Mansion tax ( of the whole price)
- Attorney
- Repairs, staging and preparation
- Other closing items
- Total cost of selling ( of the price)
Turn on JavaScript to use the calculator, or read the worked example below; it uses the same arithmetic and the same state schedule.
Estimate for planning only. The commission is whatever your listing agreement says; it is negotiable and not set by law, so the calculator uses the rate you enter. Not included: capital gains tax, the estimated tax withheld from sellers who live outside New Jersey, loan prepayment penalties, and anything the buyer negotiates in attorney review. Your attorney's closing statement is final.
One Hoboken condo, line by line
A sale at $850,000 with $400,000 left on the mortgage, a commission of 5% in the listing agreement (an example rate, not a quote), $1,500 for the attorney, $3,000 of painting and staging, and $500 of closing items, on the standard transfer fee schedule.
- Sale price $850,000
- Mortgage payoff - $400,000
- Equity before costs $450,000
- Commission, 5% - $42,500
- Realty Transfer Fee - $7,835
- Mansion tax - $0
- Attorney - $1,500
- Painting and staging - $3,000
- Closing items - $500
- Total costs - $55,335
- Equity before costs $450,000
- Total costs - $55,335
- Net proceeds $394,665
The state fees come from the 2026 schedule on nj.gov, the same table my transfer fee calculator uses. The commission line is the biggest and it is the one you negotiate.
Three ways sellers lose money before closing
- Pricing from a portal estimate. An asking price that is 5% high sits, gets cut and sells for less than a correct price would have. I price from closed sales near you, not from an algorithm.
- Over-preparing. A full kitchen before listing rarely comes back in the price in Hudson County; paint, lighting, decluttering and a deep clean usually do. We agree the list before you spend.
- Forgetting the mansion tax at $1,000,000. At $999,000 it is zero; at $1,000,000 it is $10,000, on the whole price. Near that line, the asking price is a strategy question, and the calculator shows it.
Put a real price in the first box
The calculator is only as good as the sale price you type in. Tell me about the home in the home valuation form and you have my written number within 24 hours; the cost-to-sell table and the Seller's Guide cover the rest of the process.
Call (201) 584-6156 · Text mebogdan@bogdannicolaerus.com
eXp Realty, 50 Harrison St, Suite 205, Hoboken, NJ 07030
Selling costs in New Jersey: frequently asked questions
How much do I make when I sell my house in New Jersey?
Your net is the sale price minus what you still owe on the mortgage and minus the costs of the sale: the commission you negotiated, your attorney, the state Realty Transfer Fee, the mansion tax on sales of $1,000,000 and more, whatever you spent getting the home ready, and small closing items like town certificates and prorated taxes. Enter your numbers above and the calculator does the subtraction with the real state schedule.
What does the seller pay at closing in New Jersey?
The commission as written in the listing agreement, the seller's own attorney, the Realty Transfer Fee on a sliding scale by price, the mansion tax on sales of $1,000,000 and more (paid by the seller since July 10, 2025), the mortgage payoff with its recording fee, prorated property tax, water and sewer, and the certificates the town requires, such as smoke and carbon-monoxide. The line-by-line table is on my Sell page.
Is the real-estate commission fixed in New Jersey?
No. It is negotiated between you and the broker and written into the listing agreement; no law or association sets it. Since the 2024 rule changes, what a buyer's agent is paid is negotiable too and can come from the seller, the buyer or a mix. That is why the calculator asks you for the rate instead of assuming one.
Does the buyer pay any of the transfer tax?
In New Jersey the Realty Transfer Fee is imposed on the seller. The mansion tax used to be paid by the buyer; since July 10, 2025 it is paid by the seller too, under P.L. 2025, c.69. The calculator applies both to your side, from the schedule on nj.gov. Details and worked examples are on my transfer fee calculator.
I moved out of state. Does that change my net?
At closing, yes. Sellers who are no longer New Jersey residents pay an estimated income tax on the sale with the GIT/REP forms, settled when you file your return. The calculator does not model it; your attorney and accountant size it for you. The same goes for capital gains tax, which depends on what you paid, what you improved and how long you lived there.
How do I know what my home would sell for?
Not from a portal estimate. I price from the homes that actually closed near you in the last months, adjusted for your floor, light, condition and outdoor space, and I put it in writing within 24 hours of seeing the home. Start with the home valuation form; the number you get there goes straight into this calculator.