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New Jersey Bill A686 Exempts Seniors and Disabled Persons from Certain Realty Transfer Fees

Original title: Exempts senior citizens and blind or disabled persons from certain realty transfer fees.

Last action · January 13, 2026: Introduced, Referred to Assembly Aging and Human Services CommitteeSponsors: McGuckin, Gregory P. and 1 other

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Would Do

Assembly Bill 686 exempts senior citizens, blind persons, and disabled persons from paying the State portion of the basic and general purpose fee when selling their one- or two-family residential properties, and from specific recording fees when buying residential property. The exemptions apply to real property transfers occurring on or after the first day of the second calendar month following enactment.

Background
  • New Jersey realty transfer fees are collected upon the recording of deeds and help fund state programs including affordable housing and open space preservation. context

Who It Would Affect

Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.

Directly affected

senior citizens

Senior citizens selling or buying qualifying residential properties are exempt from paying specific State realty transfer and recording fees.

Directly affected

blind or disabled persons

Blind or disabled persons selling or buying qualifying residential properties are exempt from paying specific State realty transfer and recording fees.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

Who is eligible for the realty transfer fee exemptions under Bill A686?
Senior citizens, blind persons, and disabled persons who own and occupy one- or two-family residential premises as sellers or buyers are eligible for the exemptions.
Are jointly owned properties eligible if not all owners are senior citizens or disabled?
No exemption is allowed if the property is jointly owned and one or more of the owners is not a senior citizen, blind person, or disabled person, except in the instance of a husband and wife.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

Currently in committee. The next step in the legislative lifecycle is Floor Vote.

Procedural history

1 action
  1. Jan 13, 2026HouseIntroduced
    Introduced, Referred to Assembly Aging and Human Services Committee

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

McGuckin, Gregory P.Primary sponsorNo profile match

Connected Entities

New Jersey Affordable Housing Trust Fund, General Assembly, Paul Kanitra and 2 more
OrganizationNew Jersey Affordable Housing Trust Fund“Fund credited with balances of State portion of basic fee and additional fee”Map →
OrganizationGeneral Assembly“Legislative body of the State of New Jersey”Map →
PersonPaul Kanitra“Assemblyman sponsoring Bill A686”Map →
OrganizationDivision of Budget and Accounting“Division in the Department of the Treasury”Map →
PersonGregory P. McGuckin“Assemblyman sponsoring Bill A686”Map →

Sources

Open source document

njleg.state.nj.us

Analysis Score

0–100
  • Significance45
    How much this matters to a regular citizen
  • Controversy10
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz20
    Current news / social attention level

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