A685 — Terminates imposition of general purpose fee under realty transfer fee and one percent assessment on purchases of residential real property selling for more than $1,000,000.

A685 — Terminates imposition of general purpose fee under realty transfer fee and one percent assessment on purchases of residential real property selling for more than $1,000,000. · Informed CitizenryThis bill proposes to eliminate two specific real estate transaction fees in New Jersey. First, it terminates the 'general purpose fee' on the sale of non-exempt real property, which currently appl…Open in Informed Citizenry