Free Salem County, New Jersey seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Salem County. The calculator applies New Jersey and Salem County rates for you.
- Median home value
- $223,000
- Transfer tax on $225,000
- $1,130
- Seller costs on $225,000
- About $12,490
- Median property tax bill
- $6,757 a year
- Owner's title policy
- Buyer pays
- Population
- 64,973
Salem County transfer tax
On a $225,000 sale in Salem County, transfer taxes come to $1,130: Realty transfer fee (consideration $350,000 or less). By custom the seller pays it.
| Tax | Rate | Paid by | On $225,000 |
|---|---|---|---|
| Realty transfer fee (consideration $350,000 or less) | $2.00 / $3.35 / $3.90 per $500 by bracket | Seller | $1,130 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $225,000 local median value | $1,130 | $0 | $1,130 |
| $250,000 | $1,325 | $0 | $1,325 |
| $500,000 | $4,175 | $0 | $4,175 |
| $1,000,000 | $9,575 | $0 | $9,575 |
Example Salem County seller net sheet
A $225,000 sale, close to the county's median home value of $223,000, with a 5% commission and a $135,000 mortgage payoff. Seller costs come to about $12,490, or 5.6% of the price.
| Line | Seller |
|---|---|
| Sale price | $225,000 |
| First mortgage payoff | −$135,000 |
| Real estate commission (5%) | −$11,250 |
| Realty transfer fee (consideration $350,000 or less) | −$1,130 |
| Release / satisfaction recording | −$60 |
| Wire / courier / payoff processing | −$50 |
| Estimated net before property tax prorations | $77,510 |
Who pays what in Salem County
In Salem 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 Salem County
The median property tax bill for homeowners in Salem County is $6,757 a year, about 3.03% of the median home value of $223,000 (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.
Salem County seller questions
How much is the transfer tax in Salem County, New Jersey?
On a $225,000 sale in Salem County, transfer taxes come to $1,130: Realty transfer fee (consideration $350,000 or less). By custom the seller pays it.
How much are seller closing costs in Salem County?
On a $225,000 sale, close to the median home value in Salem County, with a 5% commission, estimated seller costs are about $12,490 (5.6% of the price). Without commission they are about $1,240. The loan payoff and property tax proration change the final number.
Who pays for title insurance and closing fees in Salem County?
In Salem 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.
How much are property taxes in Salem County?
The median property tax bill for homeowners in Salem County is $6,757 a year, about 3.03% of the median home value of $223,000 (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.
Cities in Salem County
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