Selling NJ Land as an Out-of-State Owner

Can I sell my New Jersey land from out of state?

Yes, and we do it often. We research the parcel, send documents to you electronically or by mail, and arrange a closing you can complete remotely. You do not need to come to New Jersey, walk the land, or meet anyone in person.

What is the New Jersey nonresident "exit tax"?

When a nonresident sells New Jersey property, the state collects an estimated Gross Income Tax at closing. It is the greater of 10.75% of your estimated gain or 2% of the total sale price, with 2% as the minimum. This is reported on Form GIT/REP-1 at closing. It is not an extra tax, it is a prepayment against what you might owe, and because the 2% floor often exceeds the real tax on a modest land sale, many sellers receive a refund after they file their New Jersey return. New Jersey residents and certain exempt sellers file Form GIT/REP-3 instead and skip the payment.

What do I need to provide?

Proof that you own the land (the deed), the block and lot, and a way to receive and sign documents. If there are back taxes or the land was inherited, we work through those too. See back taxes and inherited land.

Why this is easier with a direct buyer

A traditional listing from another state means coordinating an agent, showings, and a retail buyer's financing from a distance. Selling directly to us removes all of that: one cash buyer, no commission, closing costs covered, and a closing you handle remotely on your schedule.