New Jersey Capital Gains Tax Calculator
Calculate your capital gains tax liability in New Jersey. New Jersey taxes capital gains at rates up to 10.75%, plus federal taxes.
Original purchase price
Renovations, additions — added to your basis
Agent commissions, closing costs, title & transfer fees
Total Tax
$55,300
27.7% effective rate
Capital Gain
$200,000
Tax Breakdown
Sale price minus selling costs and all taxes (before any mortgage payoff).
Federal
$33,800
NJ State
$21,500
Effective Rate
27.7%
New Jersey Capital Gains Tax
New Jersey taxes capital gains as ordinary income at rates up to 10.75%
Long-term: Taxed as ordinary income
Short-term: Taxed as ordinary income
NIIT Applied
The 3.8% Net Investment Income Tax applies because your income exceeds $200,000.
New Jersey Capital Gains Tax Details
Tax Treatment
Tax Type
Taxed as ordinary income
Maximum Rate
10.75%
Available Exemptions
- Federal home-sale exclusion ($250K single / $500K married filing jointly) flows through to the New Jersey return
- Retirement income exclusions
- Selling costs and capital improvements reduce the taxable gain
New Jersey Capital Gains Tax FAQ
Official References
- IRS Topic 409: Capital Gains and Losses
Federal capital gains tax guidance
- IRS Publication 523: Selling Your Home
$250K / $500K home-sale exclusion, basis adjustments, and selling expenses
This calculator provides estimates. Consult a tax professional for advice specific to your situation in New Jersey.