Milmay, NJ local closing costs

Cost to sell a house in Milmay, NJ.

On a typical $350,000 Milmay sale, total seller costs to list and close traditionally run about $29,625 roughly 8.5% of the sale price. Here's the line-item breakdown.

Median DOM
71 days
Median income
$100,713
Total transfer rate
0.85%

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List with an agent

$350,000 sale price

  • Agent commission (5.5%)$19,250
  • State + local transfer tax (0.85%)$2,975
  • Owner's title insurance (0.5%)$1,750
  • Recording / settlement / attorney$950
  • Pre-listing repairs (1%)$3,500
  • Staging + photography$1,200
Total costs$29,625
Net to seller$320,375

Time to close: typically 60-90 days from list to keys.

HomeInvestor cash offer

$273,000 offer (~78% of retail)

  • Agent commission$0
  • Transfer tax(Buyer pays)$0
  • Title insurance(Buyer pays)$0
  • Closing / attorney fees(Buyer pays)$0
  • Repairs(As-is, buyer's problem)$0
  • Staging / photography(Not needed)$0
Total costs$0
Net to seller$273,000

Time to close: 7-21 days. No showings, no contingencies.

Net difference

Listing nets you more: $47,375

The trade is time, certainty and effort vs the last few percent of retail. If your house needs repairs or you can't wait 90 days, the cash path usually wins on the math too.

Attorney required?

Yes — New Jersey customarily requires an attorney at closing.

Transfer tax

NJ realty transfer fee on graduated scale; attorney review customary.

Repair credits

On a traditional listing, post-inspection repair credits in Milmay commonly cost sellers another $2-8k beyond the budget above.

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