The #1 Team to
Sell Your Home
Anywhere in NJ

New Jersey is one of the few states that requires an attorney review period after a contract is signed. Both the buyer and seller have three business days to have an attorney review the contract and either approve it, cancel it, or propose modifications. This protects both parties and is a standard part of every NJ real estate transaction. Your Hallmark agent will walk you through what to expect and help coordinate with your attorney throughout the process.

NJ sellers typically pay: real estate commission, the NJ Realty Transfer Fee (Transfer Tax), any outstanding mortgage balance, prorated property taxes, and attorney fees. The NJ Realty Transfer Fee is calculated on a sliding scale based on sale price — for example, on a $500,000 home, it is approximately $1,675. Your Hallmark agent will provide a full estimated net sheet so you know exactly what to expect before you list.

The NJ Mansion Tax is a 1% tax on the purchase of residential property sold for $1,000,000 or more. In New Jersey, this tax is paid by the buyer — not the seller. However, in a competitive negotiation, sellers of high-value homes should be aware that buyers may factor this cost into their offer. Your Hallmark agent will help you position your home strategically if you are near or above the $1M threshold.

New Jersey requires sellers to complete a Seller's Property Condition Disclosure Statement covering the condition of the home's major systems, known defects, environmental issues (such as lead paint, asbestos, or underground storage tanks), and any other material facts that could affect the buyer's decision. Failing to disclose known issues can create significant legal liability. Your Hallmark agent and your attorney will guide you through the disclosure process step by step.

The three biggest factors are: accurate pricing, strong marketing, and skilled negotiation. Overpricing leads to a stale listing and lower offers. Under-pricing leaves money on the table. At Hallmark, we use real NJ MLS data, professional photography, targeted digital marketing, and 40+ years of negotiation experience to position your home to attract multiple competitive offers and close at or above list price.

Not necessarily. Many costly renovations do not return their full investment at sale. Before spending money, have one of our agents walk through your home. We will tell you honestly which updates will move the needle — fresh paint, professional cleaning, curb appeal, and minor cosmetic fixes often deliver the best return — and which large projects are not worth the spend.

Hallmark Realtors specializes in Central New Jersey, with deep expertise across Union County and Middlesex County — including Clark, Cranford, Scotch Plains, Westfield, Woodbridge, North Edison, Rahway, Linden, and dozens of surrounding communities. If you are unsure whether we cover your area, call us at (732) 574-9400 and we will let you know right away.