No. When you sell through SellMyHouse.co, there are no agent commissions. You’ll still pay New Jersey’s Realty Transfer Fee. Typical closing costs are covered by the buyer.
Sell your New Jersey house fast, no repairs required
Get a no-obligation cash offer in 24 hours and close without the prep work.
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Median sale price
$587,553
Statewide median for New Jersey home sales as of August 2026.
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Typical time to close
73 days
About 43 days from listing to going under contract, plus another 30 days to close.
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The highest property tax bills in the country
New Jersey’s average property tax bill on a single-family home was $10,499 in 2025, the highest of any state. Every month a home sits on the market adds to what you pay to hold it.
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Many towns require a resale inspection
Many New Jersey municipalities require a Certificate of Continued Occupancy inspection before a home changes hands, and every sale needs a smoke and carbon monoxide certificate. Failed items can push a closing back by days or even weeks.
We buy houses in New Jersey
The process works the same no matter where in the state you’re selling.
STEP 01
Request your cash offer
Fill out a short online form with a few details about your New Jersey home.
STEP 02
Schedule a property visit
A cash home buyer sets up a time to see the property in person, when it suits you.
STEP 03
Review your offer
Look over the cash offer with no pressure and no obligation to accept it.
STEP 04
Close on your schedule
Pick a closing date that fits your plans, whether that’s a few weeks out or longer.
Why sell your New Jersey home with SellMyHouse.co
73 days is a long time to wait, and the competitive market doesn’t help every seller equally. Here’s what changes when you work with a cash home buyer.
- You don’t have to make repairs before closing. In a competitive market, buyers expect homes to be in top condition. If yours needs work, a traditional listing means discounts and inspections, or your buyer walks away. Cash home buyers in our network purchase homes in almost any condition, so none of that applies.
- No agent commissions. Agent commissions typically run 5 to 6% of the sale price. On a $587,000 New Jersey home, that’s $29,000 to $35,000. When you sell through SellMyHouse.co, there are no commissions.
- No financing contingency. Buyers using mortgages can lose their loan approval or have the appraisal come in below the offer price. A cash home buyer doesn’t depend on a lender’s timeline or appraisal requirements, so that risk isn’t part of the deal.
- No showings or open houses. Getting a home market-ready takes effort and time you may not have. Working with a cash home buyer means you skip the staging, the cleaning, and the open houses.
- Close on your schedule. Whether you need to move quickly or need extra time to sort out your next step, the buyer can typically work around your timeline.
New Jersey homeowners relocating for a new job often need a firm closing date to align with their start date somewhere else. A cash sale gives you a timeline you can plan around.
What New Jersey home sellers need to know
Disclosures, transfer fees, foreclosure, and creditor protection all work a little differently in New Jersey, and each can shape how and when you sell. If you’re working through the process of selling an inherited New Jersey property, a cash sale may be worth considering.
Seller disclosure and flood zone requirements
New Jersey sellers must complete a Property Condition Disclosure Statement before the buyer is under contract. You disclose known issues with the home’s structure, systems, and environment, such as lead paint, radon, mold, or underground storage tanks. A separate law (NJSA 56:8-19.2) also requires sellers to disclose whether the home is in a FEMA flood hazard area and any known flood damage.
Flood zone homes can be harder to sell the traditional way, since mortgage lenders often require flood insurance, which can shrink the buyer pool. A cash home buyer in our network can often buy in almost any condition, so these disclosures typically won’t hold up the sale.
Realty Transfer Fee
Under NJSA 46:15-7, New Jersey sellers pay a tiered Realty Transfer Fee (RTF) on every home sale. On homes that sell for more than $350,000, the rate runs from $2.90 per $500 on the first $150,000 up to $6.05 per $500 on any amount above $1 million. On a median-priced New Jersey home ($587,553), the fee comes to around $5,000. For sales over $1 million, a Graduated Percent Fee also applies to the full sale price, starting at 1% for sales between $1 million and $2 million and rising to 3.5% for sales above $3.5 million (effective July 10, 2025). Both fees are paid by the seller.
Judicial foreclosure
New Jersey is a judicial foreclosure state, so every foreclosure goes through Superior Court. Under NJSA 2A:50-56, the lender must send a Notice of Intention to Foreclose at least 30 days before filing, and you can typically catch up on the loan until the court enters a final judgment. The process often takes 12 to 24 months, and the lender can pursue a deficiency judgment for any remaining balance afterward. Selling before the process ends lets you stay in control of the outcome.
No state homestead exemption
New Jersey is one of the few states in the country that does not have a state-level homestead exemption. The only homestead protection available to New Jersey homeowners is the federal bankruptcy exemption ($31,575 per person), which applies only when filing for bankruptcy. Bills to create a state-level homestead exemption have been introduced in the New Jersey legislature, but none has been enacted into law.
Frequently asked questions
Will I pay commissions if I sell to a cash home buyer?
How does foreclosure work in New Jersey?
New Jersey forecloses through the court system. The lender must send a 30-day Notice of Intention before filing, and the loan generally has to be at least 120 days behind. You can typically catch up on the loan until a final judgment is entered. The sheriff’s sale often comes 12 to 24 months or more after filing. Selling before then keeps you in control.
Does New Jersey have a homestead exemption?
No. New Jersey does not have a state-level homestead exemption. Unlike most other states, New Jersey does not protect home equity from general judgment creditors. If a creditor wins a judgment against you, they may be able to place a lien on your home and eventually seek a forced sale.
What do I have to disclose when selling my house in New Jersey?
New Jersey sellers must provide a written Property Condition Disclosure Statement covering known material issues before the buyer is contractually committed. You must also disclose whether the property is in a FEMA flood hazard area and any known flood history or flood damage under a separate state law.
What is the Realty Transfer Fee in New Jersey?
New Jersey’s Realty Transfer Fee is paid by the seller and uses a tiered rate structure. On homes that sell for more than $350,000, the rate runs from $2.90 per $500 on the first $150,000 of the sale price up to $6.05 per $500 on any amount above $1 million. On a median-priced New Jersey home, the total fee typically comes to approximately $5,000. For sales over $1 million, a separate Graduated Percent Fee also applies. Both fees are the seller’s responsibility. The RTF applies to all sales regardless of how the buyer pays.
How do I sell my house fast in New Jersey?
Contact SellMyHouse.co and share a few details about your property. We’ll look for a cash home buyer from our network and get you an offer, typically within 24 hours. If you accept, the buyer will schedule a property visit, and you can close on your schedule. No repairs, no commissions, and no waiting on mortgage approval.
