Free Fort Lee, New Jersey seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Fort Lee, New Jersey (Bergen County). The calculator applies the local rates for you.
- Median home value
- $422,200
- Transfer tax on $420,000
- $3,407
- Seller costs on $420,000
- About $24,517
- Median property tax bill
- $8,899 a year
- County
- Bergen County
- Population
- 40,566
Fort Lee transfer tax
On a $420,000 sale in Fort Lee, transfer taxes come to $3,407: Realty transfer fee (consideration over $350,000). By custom the seller pays it.
| Tax | Rate | Paid by | On $420,000 |
|---|---|---|---|
| Realty transfer fee (consideration over $350,000) | $2.90 to $6.05 per $500 by bracket | Seller | $3,407 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $1,325 | $0 | $1,325 |
| $420,000 local median value | $3,407 | $0 | $3,407 |
| $500,000 | $4,175 | $0 | $4,175 |
| $1,000,000 | $9,575 | $0 | $9,575 |
Example Fort Lee seller net sheet
A $420,000 sale, close to Fort Lee's median home value of $422,200, with a 5% commission and a $250,000 mortgage payoff. Seller costs come to about $24,517, or 5.8% of the price.
| Line | Seller |
|---|---|
| Sale price | $420,000 |
| First mortgage payoff | −$250,000 |
| Real estate commission (5%) | −$21,000 |
| Realty transfer fee (consideration over $350,000) | −$3,407 |
| Release / satisfaction recording | −$60 |
| Wire / courier / payoff processing | −$50 |
| Estimated net before property tax prorations | $145,483 |
Who pays what in Fort Lee
Fort Lee closings follow Bergen County customs. In Bergen County, the buyer customarily pays the owner's title policy. The settlement fee is customarily paid by the buyer. Closings are usually handled by a title company or attorney.
Property taxes in Fort Lee
The median property tax bill for homeowners in Fort Lee is $8,899 a year, about 2.11% of the median home value of $422,200 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in advance, so at closing the bill is prorated between buyer and seller to the closing date. Quarterly bills due Feb 1, May 1, Aug 1 and Nov 1 for the quarter; seller is credited for any prepaid quarter.
Rates verified 2026-09-29. Home value and tax bill: Census Bureau American Community Survey, 2019–2023. A net sheet is an estimate; final figures come from the title company.
Fort Lee seller questions
How much is the transfer tax in Fort Lee, New Jersey?
On a $420,000 sale in Fort Lee, transfer taxes come to $3,407: Realty transfer fee (consideration over $350,000). By custom the seller pays it.
How much are seller closing costs in Fort Lee?
On a $420,000 sale, close to the median home value in Fort Lee, with a 5% commission, estimated seller costs are about $24,517 (5.8% of the price). Without commission they are about $3,517. The loan payoff and property tax proration change the final number.
What county is Fort Lee in, and does it matter at closing?
Fort Lee is in Bergen County, New Jersey. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Bergen County, the buyer customarily pays the owner's title policy. The settlement fee is customarily paid by the buyer.
How much are property taxes in Fort Lee?
The median property tax bill for homeowners in Fort Lee is $8,899 a year, about 2.11% of the median home value of $422,200 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in advance, so at closing the bill is prorated between buyer and seller to the closing date. Quarterly bills due Feb 1, May 1, Aug 1 and Nov 1 for the quarter; seller is credited for any prepaid quarter.
Other cities in Bergen County
- Hackensack
- Teaneck
- Fair Lawn
- Garfield
- Englewood
- Bergenfield
- Paramus
- Ridgewood
- Lodi
- Cliffside Park
- Mahwah
- Lyndhurst
Cities near Fort Lee
Build your Fort Lee net sheet in minutes.
Free to use. No account needed to try it.