Modifies additional fees and taxes imposed on certain real property transfers valued over $1 million; expands imposition of fees and taxes to real property classified Industrial Property and certain Apartments.

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Chamber: Senate
Introduced: May 11, 2026
Last action: May 11, 2026 — Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee
Session: 222
Momentum: 26 · Low

PASSAGE PROBABILITY

1% Unlikely

Why this number

Stage base In Committee — base rate 4%, measured from NJ's completed sessions
Momentum -5 26/100 from the pace of recorded action
Time since last action -22 154 days quiet

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