Property Scan for New Jersey real estate agents

When the deed is recorded with the county, the seller pays the Realty Transfer Fee, which is figured on the price: the Division of Taxation says it 'is calculated based on the amount of consideration recited in the deed'. A seller claiming an exemption files an Affidavit of Consideration for Use by Seller (Form RTF-1) with the deed, and on a sale over $1,000,000, Form RTF-1EE 'must be annexed to every deed'. The Division also publishes recorded sales in its yearly SR1A Sales File.

Realty Transfer Fee, plus Graduated Percent Fee over $1 million (both paid by the seller): "The State imposes a Realty Transfer Fee (RTF) on the seller of real property for recording a deed for the sale", figured per $500 of the price on a sliding schedule, with reduced rates for some seniors, blind and disabled sellers and low- and moderate-income housing. "As a supplemental fee to the RTF, the State imposes a Graduated Percent Fee on the recording of the deed for the sale of real property when the consideration paid is more than $1,000,000": 1% for $1–2 million, 2% for $2–2.5 million, 2.5% for $2.5–3 million, 3% for $3–3.5 million and 3.5% above $3.5 million.

New Jersey has 21 counties. Property Scan covers any of them, pulled on demand.

Official open data on New Jersey sales:

• SR1A Sales File (NJ Division of Taxation)Statewide yearly files of recorded property sales (2020–2026, including a year-to-date 2026 file), with sales ratio reports by use.

Every comp in a Property Scan report is a closed sale with a recorded price, adjusted for market time with the FHFA House Price Index for New Jersey, which rose 4.6% in the four quarters to the second quarter of 2026 (how comps are chosen and adjusted).

Keep your MLS for everything else. MLSs that serve New Jersey include:

• Garden State Multiple Listing Service (GSMLS)North Jersey: Bergen, Essex, Hudson, Hunterdon, Middlesex, Morris, Passaic, Somerset, Sussex, Union and Warren counties
• New Jersey Multiple Listing Service (NJMLS)Bergen, Essex, Hudson and Passaic counties
• Bright MLSThe Mid-Atlantic, from New Jersey to Virginia

Facts checked October 30, 2026.

• NJ Division of Taxation: Realty Transfer Feenj.gov
• NJ Division of Taxation: Local Property Tax statistical data (SR1A Sales File, MOD IV)nj.gov
• New Jersey Real Estate Commissionnj.gov
• Garden State MLSgsmls.com
• New Jersey MLSnjmls.com
• Bright MLSbrightmls.com
• Repliers profile: Bright MLS (Mid-Atlantic, New Jersey to Virginia)repliers.com
• FHFA House Price Index (purchase-only, seasonally adjusted, by state)fhfa.gov
• U.S. Census Bureau, TIGERweb: Counties (January 1, 2026 vintage)tigerweb.geo.census.gov