NJ Mansion Tax in 2026: Rates, Who Pays, and the Price Cliffs
The NJ mansion tax is now a seller-paid Graduated Percent Fee of 1% to 3.5% on homes over $1 million. See 2026 rates, examples, and the $2 million price cliff.
October 8, 2026
Get top dollar when you sell with Houwzer—all while saving thousands in listing commissions
What’s the housing market doing in North Jersey? Learn more about local market conditions and find info on buying and selling property in the garden state.
The NJ mansion tax is now a seller-paid Graduated Percent Fee of 1% to 3.5% on homes over $1 million. See 2026 rates, examples, and the $2 million price cliff.
How much house can you afford in New Jersey? Learn how DTI, town-by-town property taxes and cash to close shape a realistic NJ home search budget.
How much are closing costs in NJ? Buyers typically budget 2%–5% of the price. See the Realty Transfer Fee, the seller-paid mansion tax, and two $500,000 examples.
Our dedicated team of specialists delivers personalized expertise throughout your journey. From in-depth market insights to masterful negotiation tactics, you’re partnered with industry-leading professionals every step of the way.
Houwzer is a modern real estate brokerage with full-service agents and a 1% listing commission — no pressure, just expert guidance. Whether you’re buying or selling, our agents are focused on your best outcome, not their paycheck.
Yes, Houwzer is a fully licensed real estate brokerage. Our agents are state-licensed REALTORS® with full MLS access and the same tools and representation you’d expect from any traditional brokerage — at a fraction of the cost.
Sellers pay a 1% listing fee rather than the traditional 2.5–3% seller’s agent commission, which can save most sellers thousands at closing. Our full-service listing includes professional photography, MLS listing, pricing strategy, negotiation, and agent support through closing.
It depends on the seller. We give half of the buyer’s agent commission back to you at closing.* If the seller doesn’t offer a buyer’s agent commission, you pay 1%. Talk to your Houwzer agent to find out what applies to your situation.
*Some lenders cap rebates based on your down payment, so check with your lender. Some states prohibit buyer rebates.
Schedule a free consultation. A local agent will reach out to understand your goals with no pressure and no obligation.