New Jersey’s Realty Transfer Fee (RTF) is calculated based on the amount of consideration recited in the deed or the assessed valuation of the property conveyed divided by the Director’s Ratio.
The RTF is usually collected at the real estate closing by the legal representatives or title insurance agents responsible for recording the deed at the county registry offices. For more information, click here.
Pennsylvania charges 1% of the sales price as part of a transaction's transfer tax. Local municipalities and school districts typically charge 1% (although this percentage can be higher for certain municipalities).
More information can be found at the
Pennsylvania Department of Revenue website.
This website contains county-specific information about the Pennsylvania Realty Transfer tax.
[DISCLAIMER: Fortune Title Agency, Inc. makes no warranty or representation regarding the accuracy of this information or its suitability for the intended purpose.]