Purchase Transaction

Title Insurance Premium
Standard Rate
Purchase Price: 
example: 400000.00
Simultaneous Issue Per mortgage
Searching Fees
1- County Search & Examination $100.00
2- Upper Courts Search 1 $10.00 per person
3- Patriot Name Search 1 $2.00 per person
4- Municipal Tax & Assessment Search $ 30.00
5- Tideland Search2
6- Flood Search
Closing Fees
1- Settlement Charge/Closing Fee 3
2- Electronic Download of Closing Package $ 50.00
3- Closing Service Letter $ 75.00
4- ALTA Endorsements 4 $ 25.00 each
5- Overnight Courier Fees
6- Attorney preparation of deed   Customarily, paid by seller.
7- Realty Transfer Fee 6 No   Yes
Recording Fees
1- Deed   $40.00 first page/$10.00 each additional page
2- Mortgage
3- Discharge of prior Mortgage(s) 7 $75.00 per mortgage. Customarily, paid by seller.
4- Document Handling Fee $ 10.00
5- Notice of Settlement $ 50.00
6- Recording Surcharge for Homeless Fund Trust Act 8
Required for each person in title. Maiden name search required if vested owner is married less than 20 years.
Not required for properties located in Hunterdon, Warren, Sussex, or Morris Counties.
Fee incurred if closing is handled by Park Avenue Title Agency.
8.1,9, & Survey endorsements are required by most lenders.
1% mansion tax paid by the purchaser of Class 2 and Class3(with dwelling) residential properties and Class 4A Commercial Properties where the consideration is in excess of $1,000,000.00.
The Realty Transfer Fee is calculated based upon the sale price. Required on every transfer of property with consideration stated on the deed unless exempted. Partial exemptions entitle you to a lower realty transfer tax. Customarily, paid by seller.
Discharge fee is only incurred if your prior lender doesn't forward the discharge to the county clerk's office. Generally, the fee is included on the mortgage pay-off statement.
Required for certain recorded documents in the following counties: Bergen, Hudson, Middlesex, Mercer, Passaic, Union, Somerset and Camden

Disclaimer: The above total charge is an estimate only. Your lender may require additional endorsements or search work which will result in increased title fees. If you would like a more precise quote, please contact Park Avenue Title Agency directly. All title insurance fees and title agency closing fees are regulated by the Department of Banking & Insurance of the State of New Jersey.