June 29,2018
the staff of the Ridgewood blog
Ridgewood NJ, Jim Arakelian of REMAX , “What does a 1% hike in the state property transfer fee mean to you? Selling price $500,000 x 1% = $5000.of your homes value to the State of N.J. add this to the current (see picture below) tax and you will be paying the State of NJ nearly $10,000 to sell your $500,000 house.”
The medium sale price in Ridgewood in 2018 was $760,000.