Talk of The Villages Florida - View Single Post - Question on exit tax when moving from NJ
View Single Post
 
Old 01-25-2014, 06:30 PM
Rbgold's Avatar
Rbgold Rbgold is offline
Senior Member
Join Date: May 2012
Location: Point Pleasant Beach, NJ and Fernandina!
Posts: 197
Thanks: 0
Thanked 0 Times in 0 Posts
Default

I think you might be confusing it with the Realty Transfer fee that is assessed on all real estate transactions in NJ. Sliding scale based on sale price of home and paid by seller. Seniors do receive a break on this. Check with your accountant. It does appear on HUD -1 form.