The New Jersey Association of REALTORS® (NJAR®) has launched an advocacy campaign to educate the public about legislation pending before the Assembly and Senate that would allow municipalities to impose a local realty transfer fee.  This fee would be in addition to the transfer fee already assessed by the state. 

Higher transfer fees will add an additional cost to every commercial transaction, create a new disincentive for businesses to locate or expand operations in New Jersey and negatively impact economic growth.

You can do your part to stop this new tax by sending the letter below directly to your state legislators.