The Bridgewaters, Massachusetts

The New Jersey Association of Realtors (NJAR^®) has launched an awareness campaign concerning the potential local real estate transfer tax.  The Stop the NJ Home Tax campaign is designed to raise the public's understanding of real estate transfer fees, and how a legislative proposal to allow for local transfer fees will raise the cost of selling a home. There is great concern that plans for a local transfer fee will move forward when the Legislature enters the lame-duck session after the November 2007 elections.

To learn more about the Home Sales Tax and what it means to you, visit http://www.njhometax.com/. You can calculate how much more you will pay if the Legislature allows municipalities to add a local transfer tax on top of the current state transfer fee.

In the next few months, the message will be rolled out to the public through radio spots, newspaper advertising and the website. Consumers interested in staying on top of the issue can register through http://www.njhometax.com/ to receive e-mail updates.