S1993 — 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.

S1993 — 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 CitizenrySenate Bill 1993 modifies the amount at which certain transfer fees and taxes are assessed when transferring real estate in New Jersey. Currently, these fees apply only if a property transaction ex…Open in Informed Citizenry