NJ Real Estate How Much Is The Exit Tax In Nj
Does the exit tax affect you? #TonisList #TonisListforBuyers #TonisListforSellers Today the expert panel with Chris Keelin , Loan When New Jersey residents sell their homes and prepare to move out of state, they must pay a standard tax rate on the profit from the sale. The NJ exit tax rate is based on the estimated capital gains or 2% of the total consideration of the property (whichever is higher). Here's how ...