The Journal

NJ market and financing guides.

Straight answers on taxes, jumbo financing, and what homes are actually selling for — written by an agent who is also a licensed loan originator.

September 1, 2026 · Sellers · Closing costs

Who pays the NJ mansion tax in 2026, and how much is it on a $2M, $3M, and $4M sale?

Since July 2025 the seller pays, at 1% to 3.5% of the full price. Worked examples and the pricing cliffs that cost sellers tens of thousands.