New Jersey Exit Tax Calculator | Nonresident Seller Withholding
New Jersey’s nonresident seller withholding is often called the NJ exit tax. It is generally a prepayment of estimated New Jersey income tax for certain nonresident sellers, not a separate transfer fee. The amount and filing requirements depend on residency, gain, exemptions, and the transaction.
How it relates to your sale proceeds
Start with the NJ seller net proceeds calculator for payoff, commission, attorney costs, the New Jersey Realty Transfer Fee, and the Graduated Percent Fee. Then ask your closing attorney or tax adviser whether nonresident withholding applies and how it should be reported or refunded.
Why this page does not calculate a withholding amount
A reliable estimate requires tax basis, gain, residency, prior payments, exemptions, and current state forms. Entering a percentage without those facts can misstate the amount due. Confirm the current requirements with the New Jersey Division of Taxation and your tax professional before closing.
