HomeNJ Closing Costs114 Sussex Ave
Active Listing · Morristown, NJ

114 Sussex Ave, Morristown, NJ 07960

$820,000
5 bd3.5 baSingle Family
🎓Morristown High School · Morris School District
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Estimated Closing Costs

Based on list price of $820,000. Actual costs may vary.

Buyer Closing Costs
$1,575
(0.2%)
Seller Closing Costs
$10,167
(1.2%)
Cost ItemBuyerSeller
Transfer Tax$0$7,517
Recording Fees (Deed)$250
Owner's Title Insurance$2,650
Lender's Title Insurance$1,325
Total$1,575$10,167

Estimates include state and local transfer taxes, county recording fees, and title insurance. Does not include lender fees, prepaid items, or agent commissions. Run the full calculator to adjust the price or see itemized details.

Frequently Asked Questions

How much are closing costs for 114 Sussex Ave, Morristown, NJ 07960?

Based on the list price of $820,000, estimated buyer closing costs for 114 Sussex Ave, Morristown, NJ 07960 are $1,575 (0.2% of purchase price). Seller closing costs are estimated at $10,167. These include transfer taxes, recording fees, and title insurance.

What are the transfer taxes for a home in Morristown, NJ?

Transfer taxes in Morristown, NJ are assessed at the state and local level. For 114 Sussex Ave, Morristown, NJ 07960 at $820,000, the combined transfer tax estimate is available via the calculator. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 114 Sussex Ave, Morristown, NJ 07960, buyers typically pay recording fees and lender's title insurance. Sellers commonly pay owner's title insurance and may share transfer tax costs depending on local custom. The breakdown above shows the estimated split for this address.

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NJ Closing Cost Guide