No. We cover all standard closing costs, so you won’t have to worry about additional expenses.

Below is a detailed breakdown of standard closing costs for a homeowner selling a house in New Jersey, including typical dollar amounts and total cost percentages. The figures are estimates based on the median home sale price in NJ, which was approximately $450,000 as of late 2024. Actual costs may vary depending on factors like location, negotiation, and service providers.

1. Real Estate Agent Commission

• Cost: 5%–6% of the sale price.
• Dollar Amount: $22,500–$27,000 on a $450,000 home.
• Details: This is split between the listing agent and the buyer’s agent.

2. Transfer Taxes

• Cost: $1.25–$2.50 per $500 of the sale price.
• Dollar Amount: $1,125–$2,250.
• Details: The exact rate depends on the property’s sale price and any applicable exemptions.

3. Attorney Fees

• Cost: $1,200–$2,000 (flat fee or hourly).
• Dollar Amount: $1,200–$2,000.
• Details: Attorneys handle legal documentation, title work, and negotiation.

4. Home Inspection and Repairs (Optional)

• Cost: Varies based on pre-sale inspection results.
• Dollar Amount: $0–$10,000+.
• Details: Sellers may choose to pay for repairs or offer a credit to the buyer.

5. Title Insurance (Owner’s Policy)

• Cost: 0.4%–0.5% of the sale price.
• Dollar Amount: $1,800–$2,250.
• Details: Covers potential title defects up to the sale price.

6. Property Taxes

• Cost: Prorated amount.
• Dollar Amount: Varies.
• Details: Sellers are responsible for property taxes up to the closing date.

7. Outstanding Liens or Mortgage Payoff

• Cost: Varies depending on remaining loan balance.
• Dollar Amount: Based on the outstanding amount.
• Details: Sellers must settle any liens or mortgages at closing.

8. Staging and Marketing Costs (Optional)

• Cost: $500–$5,000+.
• Dollar Amount: $500–$5,000+.
• Details: Includes professional staging, photography, and online ads.

9. Closing Fees (Escrow/Settlement Fees)

• Cost: $300–$800.
• Dollar Amount: $300–$800.
• Details: Paid to the title or escrow company handling the transaction.

10. Capital Gains Tax (If Applicable)

• Cost: 0%–15% (federal) + 10.75% (NJ state max).
• Dollar Amount: Varies.
• Details: May apply if the seller doesn’t qualify for exclusions (e.g., $250,000 individual/$500,000 couple for primary residences).

11. Home Warranty for Buyer (Optional)

• Cost: $400–$700.
• Dollar Amount: $400–$700.
• Details: Often offered to attract buyers in competitive markets.

Estimated Total Closing Costs

• Dollar Amount: $27,825–$47,750+ on a $450,000 home (excluding mortgage payoff and prorated taxes).
• Percentage of Sale Price: Approximately 6%–10.6%.

While selling your home without an agent means avoiding agent fees, you'll still encounter significant costs such as attorney fees, closing costs, holding costs, title insurance, escrow costs, and more for as long as you own the property.

You’ll typically receive your funds on the same day as closing or within 24 hours.

KJH Properties is a trusted and reputable real estate investment company with years of experience. We’re proud to have helped many homeowners in similar situations. We’re happy to provide references and reviews from past clients to give you peace of mind.

Absolutely! We encourage you to review the agreement with your lawyer or trusted advisor to ensure you’re completely comfortable with the terms.

Yes. We understand that every situation is unique. Whether you need to close quickly or need more time, we’ll tailor the process to fit your needs.

Yes. We specialize in helping homeowners in tough situations, including foreclosure or properties with tax or other liens. We’ll work with you to resolve these issues as part of the sale.

Selling to a cash buyer like KJH Properties is:

• Faster: No waiting for buyers or mortgage approvals.
• Simpler: No repairs, showings, or staging required.
• Cost-Effective: No realtor commissions, fees, or closing costs. While listing with a realtor may bring a higher sale price, it often involves longer timelines and additional expenses.

Yes. We frequently work with homeowners facing probate, divorce, or other legal situations. Our team is experienced in navigating these complexities to make the process as smooth as possible.

Our offers are based on the property’s current market value, condition, and the repairs we’ll need to make. While cash offers may not match full market value, they save you time, effort, and money on repairs, fees, and commissions.

There’s no pressure. If you change your mind after accepting our offer, just let us know. We want you to feel completely comfortable and confident in your decision.

Not necessarily. We can work with you to create a move-out timeline that fits your needs. If you need extra time after closing, we’re happy to discuss options.

We pride ourselves on professionalism and follow-through. If something unexpected arises, we’ll communicate openly and work to find a solution. However, such instances are extremely rare.

Getting started is easy! You can:

• Fill out the form on our website: WeBuyHomesInNewJersey.com
• Call us directly at 201-366-2852. We’re here to help you every step of the way.