New Jersey · 2026-2027 Regular Session · Bill

S 58: Exempts certain transactions of residential property involving senior, blind, and disabled citizens from general purpose fee under realty transfer fee and one percent assessment on real property selling for more than $1,000,000.

In committee Last action January 13, 2026: Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee

Plain-language summary

S 58 is a bill introduced in the New Jersey Senate on January 13, 2026. According to its official title, it concerns: Exempts certain transactions of residential property involving senior, blind, and disabled citizens from general purpose fee under realty transfer fee and one percent assessment on real property selling for more than $1,000,000. Primary sponsor: Jim Holzapfel (Republican). Most recent recorded action (January 13, 2026): Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee.

Sponsors

Primary sponsor: Jim Holzapfel (Republican).