New Jersey real estate guides for investors
Each guide takes one New Jersey rule and sets out what the state's own sources say, line by line.
What's different about investing in New Jersey?
New Jersey charges its realty transfer fee to the seller, has no statewide rent control law, and lets a court remove a residential tenant only for a good-cause ground its Anti-Eviction Act lists. Each row below is one of those rules, with the guide that sets it out.
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Realty transfer fee
New Jersey charges the realty transfer fee to the seller when the deed for a sale is recorded.
Seller pays
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Closing costs
Taxation says state law requires nonresident sellers to pay estimated gross income tax of 2% of the price on a sale of New Jersey real property.
Seller pays fees
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Certificates of occupancy
Where no town certificate ordinance applies, the owner of a one- or two-household home needs a smoke alarm and carbon monoxide alarm certificate from the fire enforcing agency before selling or leasing it.
Town by town
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Rent control
New Jersey has no State law that sets or controls rents; towns may pass rent control or rent leveling ordinances, which local boards enforce.
Town by town
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Eviction process
No residential landlord in New Jersey may evict a tenant, or refuse to renew a written or oral lease, without good cause.
Statewide law
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Attorney review
The buyer and seller have three business days from delivery of the completely signed contract to consult an attorney.
3 business days
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Property taxes
Across New Jersey, the average residential property tax bill in 2025 was $10,340.
$10,340 average
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Wholesaling rules
Bill A4278, introduced February 19, 2026, would require an individual engaging in a wholesale transaction to be licensed. It was referred to the Assembly Regulated Professions Committee.
Bill in committee
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