New Jersey land values, taxes, and selling rules
New Jersey charges a state transfer tax: a graduated Realty Transfer Fee of $2.00 per $500 (0.4%) on the first $150,000, with higher rates on larger sales. Every New Jersey seller of real property, including vacant land, must complete the Flood Risk Addendum of the state disclosure form.
How New Jersey compares
- Land value rank
- #2 of 50 states
- Tax burden rank
- #7 of 50 states
- Holding cost, 10 acres
- $1,085 per year in property tax
Sources: USDA NASS Land Values 2026 (average value of farm real estate per acre); USDA 2022 Census of Agriculture (property tax per acre of farmland); state statutes (transfer tax). Averages, not appraisals. Your parcel may be worth more or less depending on location, access, and use.
County land values in New Jersey
- Morris County30,022$286
- Middlesex County26,828$124
- Mercer County26,811$142
- Monmouth County25,361$177
- Ocean County23,893$226
- Somerset County21,660$109
- Cape May County19,256$97
- Camden County18,360$120
- Hunterdon County17,886$149
- Atlantic County14,983$134
- Gloucester County14,091$86
- Warren County13,941$85
- Sussex County13,039$91
- Burlington County12,875$81
- Cumberland County11,056$69
- Salem County10,421$62
Selling rules by situation in New Jersey
| Scenario | Redemption Period | Probate Requirements |
|---|---|---|
| Tax-Delinquent | A private certificate holder can file to foreclose the right of redemption 2 years after the sale, or a municipality after 6 months. If the property is certified as abandoned, the holder can file at any time. | Not applicable |
| Inherited | N/A | With no will and total real and personal assets of $50,000 or less, a surviving spouse or partner can take them by Surrogate affidavit. |
| Landlocked | N/A | Not applicable |
Own land in New Jersey?
Send your county, state and parcel number. We research the parcel and send a written offer. You pay nothing, and every closing runs through a title company.
Disclosure: this site is published by Liberty Acres, a family-owned land company. We may make an offer on your land.