A916 — Increases threshold for imposition of certain fees and taxes on certain real property transfers from $1 million to $1.5 million, subject to annual adjustment based on Consumer Price Index.

A916 — Increases threshold for imposition of certain fees and taxes on certain real property transfers from $1 million to $1.5 million, subject to annual adjustment based on Consumer Price Index. · Informed CitizenryAssembly Bill A916 proposes increasing the monetary threshold at which specific fees and taxes are levied during real estate transactions in New Jersey. Currently, these particular charges apply to…Open in Informed Citizenry