What is the average percentage for closing cost in Trenton , NJ

4 Replies

Hello,

Can anyone give me an idea of what percentage are closing cost in Trenton, NJ on a small (2-4family) rental property? 5%? 6 %?

Thank you

@Cyntnia Brooks closing costs aren't calculated as a percentage of sales price. They are based on taxes, insurance, title fees, lender fees, etc. The only % fee is the transfer tax, which I believe is 2% in NJ, usually split between buyer and seller. You can get all of that info and know what closing would cost, not including your down payment, of course.