Quick Answer: Closing costs in New Jersey typically range from 2% to 5% of the purchase price. For a $400,000 home, expect $8,000 to $20,000 in closing costs.
Buyers pay: Lender fees, appraisal, inspections, title insurance, attorney fees, escrow deposits
Sellers typically pay: Realty transfer fee (1% of price), their attorney, broker commissions
Yes! You can negotiate seller credits to cover some closing costs. In a balanced market, sellers may agree to 2-3% credits. This is common for first-time buyers.
Published: December 1, 2025 | Updated: January 8, 2026
Author: Heather Corrigan, CDRE, SRES
Certified Divorce Real Estate Expert and Seniors Real Estate Specialist with RE/MAX Signature Homes in Closter, NJ.
339+ five-star reviews. 80+ families helped in 2025. 3x Bergen County Real Producers Cover Feature.
Contact: (917) 440-3767 | heather.gocard@gmail.com
Office: RE/MAX Signature Homes, 189 Homans Ave, Closter, NJ 07624