New Jersey

Sustainability Resources

The Real Estate industry is one of the most environmentally damaging industries in the world accounting for:
30%
of total carbon dioxide
40%
of all energy
40%
of all raw materials
Our goal is to give you the resources you need to take sustainable action in improving, building, retrofitting and revamping your home. The impacts are real, the benefits significant, and the need critical. Join us in bringing sustainability home and creating a brighter future for all, starting with you.

Save money and do the world a favor!
Here's a list of Sustainability Initiatives in the area:

WaterSense Webinars

WaterSense, a subset of the US EPA, puts on sustainability webinars that have different focuses.

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Database of State Incentives for Renewables and Efficiency

DSIRE's incentive and policy search tool allows you to search energy incentives and policies by state.

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Solar Incentives, Rebates and Tax Breaks by State

Energy Sage's Solar Savings by State tool allows you to search your state for solar rebates, incentives, and tax breaks.

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New Jersey FAQs

Is New Jersey a judicial or non-judicial state?

Judicial

In a judicial foreclosure state, the lender must go through the court system in order to foreclose on a property. This process can be longer and more expensive for the lender compared to a non-judicial foreclosure.
In a judicial foreclosure state, the lender must go through the court system in order to foreclose on a property. This process can be longer and more expensive for the lender compared to a non-judicial foreclosure.

What is the process of closing on a property in New Jersey?

Attorneys handle closings in northern New Jersey, and title agents customarily handle them elsewhere. Conveyance is by bargain-and-sale deed with covenants against grantors’ acts (equivalent to a special warranty deed). Mortgages are the most common security instruments though deeds of trust are authorized. Foreclosures require judicial action which take 6-9 months if they’re uncontested. New Jerseyites use ALTA owner’s and lender’s policies. Both buyer and seller pay the escrow and closing costs. The buyer pays the title insurance fees, and the seller pays the transfer tax. Property taxes are payable quarterly on the first of April, July, October, and January.

Property Taxes in New Jersey?

Due quarterly on the 1st of April, July, October, and January.

In New Jersey, does a property management company require a real estate broker's license?

YES. Key components of property management (renting, leasing and collecting rent) are considered real estate activities under existing New Jersey real estate licensing laws. If a property manager is going to rent, list, collect rents, procure prospects or negotiate, assist, or offer to perform any of those acts, he or she will need a broker's license. A salesperson working under a broker may engage in such activities.

Are there any exceptions to the requirement that a property manager have a broker's license in New Jersey?

There are only limited exceptions to the requirement. For example, a bona-fide property owner is exempt as to their own property. For more information about these and other New Jersey property management requirements and exceptions, please contact the New Jersey Real Estate Commission. Before hiring a property manager to manage your New Jersey rental property, you should always check that he or she is licensed appropriately. You can check the license status of New Jersey property managers at the Commission's Real Estate Licensee Search.

Do you need a broker's license to manage community associations in New Jersey?

A broker's license is required to manage community associations in New Jersey only if the manager is renting, leasing, selling or advertising.

New Jersey Real Estate Broker Requirements

Attorneys handle closings in northern New Jersey, and title agents customarily handle them elsewhere. Conveyance is by bargain-and-sale deed with covenants against grantors’ acts (equivalent to a special warranty deed). Mortgages are the most common security instruments though deeds of trust are authorized. Foreclosures require judicial action which take 6-9 months if they’re uncontested. New Jerseyites use ALTA owner’s and lender’s policies. Both buyer and seller pay the escrow and closing costs. The buyer pays the title insurance fees, and the seller pays the transfer tax. Property taxes are payable quarterly on the first of April, July, October, and January.

New Jersey Real Estate Salesperson Requirements

Due quarterly on the 1st of April, July, October, and January.

How do property ownership transfers work in New Jersey?

Bargain-and-sale deed

Cities