Pallas Investor Deals · New Jersey
Off-Market Investment Properties in New Jersey
We buy houses directly from homeowners across New Jersey, in Atlantic City, Camden, Cherry Hill, Elizabeth, Jersey City, Mercer County, Newark, Paterson and Trenton. The houses we don't renovate ourselves go privately to investors on our list. Join Pallas Investor Deals, choose New Jersey, and we will text and email you the deals that fit your buy box.
Join Pallas Investor Deals →Where We Buy in New Jersey
We buy in these New Jersey markets and the towns around them.
Buying an Investment Property in New Jersey
The basics that change from state to state. This is general information, not legal or tax advice. Confirm the details for your deal with a local real estate attorney or title company.
- Closings
- New Jersey does not legally require an attorney at closing. In North Jersey both sides usually hire attorneys, while in South Jersey title companies often close deals without them.
- Transfer tax
- The seller pays New Jersey's Realty Transfer Fee, which is set in price bands starting at $2.00 per $500 of the price. Since July 10, 2025, sales over $1 million also carry a seller-paid graduated fee of 1% to 3.5% of the full price, replacing the old 1% buyer-paid mansion tax.
- Foreclosures
- New Jersey foreclosure is judicial and goes through the Superior Court, with the county sheriff holding the sale. The owner generally has 10 days after the sheriff's sale to redeem by paying the full judgment amount.
- Wholesaling and assignments
- New Jersey has no wholesaling statute yet. Bill A4278, which would require a license and give sellers a 30-day cancellation right, is pending in an Assembly committee.
- Also worth knowing
- New Jersey's lead-safe law (P.L.2021, c.182) requires most rental units built before 1978 to be inspected for lead paint hazards, including at tenant turnover. A lead-safe certificate is valid for two years.
Sources
FAQ
Who handles real estate closings in New Jersey?
New Jersey does not legally require an attorney at closing. In North Jersey both sides usually hire attorneys, while in South Jersey title companies often close deals without them.
Is there a real estate transfer tax in New Jersey?
The seller pays New Jersey's Realty Transfer Fee, which is set in price bands starting at $2.00 per $500 of the price. Since July 10, 2025, sales over $1 million also carry a seller-paid graduated fee of 1% to 3.5% of the full price, replacing the old 1% buyer-paid mansion tax.
Can I buy an assigned contract in New Jersey?
New Jersey has no wholesaling statute yet. Bill A4278, which would require a license and give sellers a 30-day cancellation right, is pending in an Assembly committee.
Run the Numbers
- ARV calculator: estimate after repair value from comps
- Fix and flip calculator: profit, cash needed and ROI
- Assignment of contract: how assignments work
- Double closing: buying and reselling in two closings
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