Republican senator plans to introduce bill to end NJ’s realty transfer fees
TRENTON — One day after Gov. Chris Christie said he would abolish reality transfer fees in New Jersey if given the chance, a fellow Republican responded with a bill seeking to do just that.
State Sen. Diane Allen (R-Burlington) said today she will soon introduce legislation that would repeal the fees that residents have to pay when selling a home here.
“When you sell your home in New Jersey, you’re getting whacked by this arbitrary tax, and that’s wrong,” Allen said. “This initiative will help struggling homeowners, including those who might be facing short sales or foreclosures. It will save property owners across this state a burden of thousands of dollars, which particularly hurts those who have lost equity in their homes due to the economic recession.”
Allen plans to introduce the bill April 28. (Johnson/Star-Ledger)