Residents from the state of New Jersey must calculate and include a Realty Transfer Fee with each settlement statement. For a second year in a row the New Jersey Legislature has raised the Realty Transfer Fee. The new law (Senate Bill No.3115) is effective August 1, 2004. The FREE software tool below calculates the Realty Transfer Fee on standard transactions, on new construction, transactions by senior citizens, blind persons, disabled persons, and on property that is qualified as low and moderate income housing. Visit us on the web at www.LawFirmSoftware.com for more information.