Free Hamilton (Mercer County), New Jersey seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Hamilton, New Jersey (Mercer County). The calculator applies the local rates for you.
- Median home value
- $299,600
- Transfer tax on $300,000
- $1,715
- Seller costs on $300,000
- About $16,825
- Median property tax bill
- $7,495 a year
- County
- Mercer County
- Population
- 93,911
Hamilton transfer tax
On a $300,000 sale in Hamilton, transfer taxes come to $1,715: Realty transfer fee (consideration $350,000 or less). By custom the seller pays it.
| Tax | Rate | Paid by | On $300,000 |
|---|---|---|---|
| Realty transfer fee (consideration $350,000 or less) | $2.00 / $3.35 / $3.90 per $500 by bracket | Seller | $1,715 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $1,325 | $0 | $1,325 |
| $300,000 local median value | $1,715 | $0 | $1,715 |
| $500,000 | $4,175 | $0 | $4,175 |
| $1,000,000 | $9,575 | $0 | $9,575 |
Example Hamilton seller net sheet
A $300,000 sale, close to Hamilton's median home value of $299,600, with a 5% commission and a $180,000 mortgage payoff. Seller costs come to about $16,825, or 5.6% of the price.
| Line | Seller |
|---|---|
| Sale price | $300,000 |
| First mortgage payoff | −$180,000 |
| Real estate commission (5%) | −$15,000 |
| Realty transfer fee (consideration $350,000 or less) | −$1,715 |
| Release / satisfaction recording | −$60 |
| Wire / courier / payoff processing | −$50 |
| Estimated net before property tax prorations | $103,175 |
Who pays what in Hamilton
Hamilton closings follow Mercer County customs. In Mercer County, the buyer customarily pays the owner's title policy. The settlement fee is customarily paid by the buyer. Closings are usually handled by a title company or attorney.
Property taxes in Hamilton
The median property tax bill for homeowners in Hamilton is $7,495 a year, about 2.5% of the median home value of $299,600 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in advance, so at closing the bill is prorated between buyer and seller to the closing date. Quarterly bills due Feb 1, May 1, Aug 1 and Nov 1 for the quarter; seller is credited for any prepaid quarter.
Rates verified 2026-09-29. Home value and tax bill: Census Bureau American Community Survey, 2019–2023. A net sheet is an estimate; final figures come from the title company.
Hamilton seller questions
How much is the transfer tax in Hamilton, New Jersey?
On a $300,000 sale in Hamilton, transfer taxes come to $1,715: Realty transfer fee (consideration $350,000 or less). By custom the seller pays it.
How much are seller closing costs in Hamilton?
On a $300,000 sale, close to the median home value in Hamilton, with a 5% commission, estimated seller costs are about $16,825 (5.6% of the price). Without commission they are about $1,825. The loan payoff and property tax proration change the final number.
What county is Hamilton in, and does it matter at closing?
Hamilton is in Mercer County, New Jersey. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Mercer County, the buyer customarily pays the owner's title policy. The settlement fee is customarily paid by the buyer.
How much are property taxes in Hamilton?
The median property tax bill for homeowners in Hamilton is $7,495 a year, about 2.5% of the median home value of $299,600 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in advance, so at closing the bill is prorated between buyer and seller to the closing date. Quarterly bills due Feb 1, May 1, Aug 1 and Nov 1 for the quarter; seller is credited for any prepaid quarter.
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