tel: 908.696.8600
fax: 908.696.8680
info@klsothebysrealty.com

68 North Finley Avenue
Basking Ridge, NJ 07920

Seller's Estimated Closing Costs

When selling a home, there are several expenses you should plan for (in addition to your Realtor fee and moving expenses).

The list below is a framework for the type and approximate amount of expense you should plan for. Please remember to consult your real estate attorney and mortgage lender to ensure the accuracy and completeness of these expenses.

 

Expense Approximate Cost
Legal Fees $800 - $1,300
Water Inspection (if on well water) $450 - $700
Repairs Related to the Home Inspection
Dependent on the condition of the home
Township Certificate of Occupancy
$25 - $100
New Jersey Real Estate Transfer Tax
Approximately 1% of the total sale price (or less than 0.5% if age 62 or older) or a disabled veteran.