Nassau County Transfer Tax Calculator
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Nassau County Transfer Tax Calculator: What to Expect
This simple calculator can help home sellers in Nassau County estimate their transfer taxes. To get a ballpark idea of the transfer fees you might pay in the Gold Coast, enter your home’s estimated selling price above.
Need a selling price? Try HomeLight’s free Home Value Estimator to see what your house might be worth. To receive a more accurate listing price, contact a top Nassau County real estate agent and request a Comparative Market Analysis (CMA), a report comparing your home against nearby listed and recently sold properties.
How the Nassau County Transfer Tax is Calculated
New York’s transfer tax, known as a real estate transfer tax, is $2.00 per $500 of the property’s sale price. Nassau County charges the same transfer tax rate.
For example, if you sold your home for $780,000 (Nassau County’s median home price), you could expect to pay $3,120 in Nassau County transfer taxes.
Another Transfer Tax Nassau County Sellers Typically Pay
Many counties and local governments also charge home sellers a real estate transfer tax. In Nassau County, you are responsible for a land recording fee of $5.00.
»Learn more: Understanding Nassau County’s Transfer Tax: A Quick Guide
See the bigger home sale picture: To see what your entire home sale might cost, try HomeLight’s New York Seller Closing Cost Calculator. You’ll also get a preliminary look at your estimated net proceeds.
Does the Seller Always Pay the Nassau County Transfer Tax?
While it’s customary for the seller to pay the Nassau County transfer tax, who pays can sometimes be a point of negotiation between the buyer and seller during the closing process.
Some Nassau County home sales may be exempt, such as those to or from a non-profit organization, or property given to secure a debt.
Make Buying and Selling Easier: Most Nassau County sellers are also buyers looking to purchase a new home. With HomeLight’s Buy Before You Sell program, you can make a non-contingent offer on your new home and only move once. Watch this short video to learn more.
More Resources to Plan Your Nassau County Home Sale
Here are some additional tools to help you plan your Nassau County home sale:
- Net Proceeds Calculator
- Map of recently sold homes in Nassau County
- Listing Agent Match platform
- Home Value Estimator
- Best Time to Sell Calculator
- Agent Commission Calculator
Sell fast without paying fees or commissions: Get a cash offer today.
With HomeLight’s Simple Sale platform, you can receive a no-obligation, all-cash offer for your Nassau County home in 24 hours. If you accept the offer, you can close in as few as 10 days. Answer a few questions about your Nassau County home to get started. Along with your cash offer, you’ll also receive an expert estimate of what a top Nassau County agent might be able to get for your home. Receive both selling options with one tool.
As you look ahead to your next home purchase, here are some helpful buyer tools: