The William Boswell Podcast

What The Mansion Tax Means for New Jersey Home Sellers


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If you believe your home is safe from the mansion tax, it might be time to reconsider. With property values climbing steadily across New Jersey, even modest homes could soon qualify. Today, I’ll share why the mansion tax is no longer just for mansions, how rates climb up to 3.5%, and what this means for sellers. For example, many counties already report average home prices above $1 million, which means the tax applies more often than you’d expect. Get the full details in my latest video.
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The William Boswell PodcastBy Sales Associate & CEO Prosperity Network at The Omega Real Estate Group