New Jersey estate facts · Taxes
Does New Jersey still have an estate tax?
The short answer
No. New Jersey's estate tax was repealed for deaths on or after January 1, 2018. The state's inheritance tax still applies.
The details
New Jersey used to have both an estate tax and an inheritance tax. The estate tax no longer applies to anyone who passed away on or after January 1, 2018.
The inheritance tax is different, and it remains in place. It depends on who receives the inheritance, not on how large the estate is. Spouses, children, grandchildren and parents owe nothing. Siblings, in-laws, nieces, nephews and friends may owe tax, depending on the amount.
Because the inheritance tax depends on the beneficiaries, two estates of the same size can owe very different amounts.
Related estate facts
Other questions families ask.
Do children pay New Jersey inheritance tax?
No. Children are Class A beneficiaries, and Class A beneficiaries owe no New Jersey inheritance tax, however large the inheritance.
Read the answer → TaxesDo siblings pay New Jersey inheritance tax?
Yes, above $25,000. Brothers and sisters are Class C beneficiaries: the first $25,000 is exempt, and the rest is taxed at 11% to 16%.
Read the answer → Selling the houseDoes an inherited New Jersey house need a tax waiver before it can be sold?
Usually, yes. New Jersey real estate generally needs an inheritance tax waiver from the Division of Taxation before it can be transferred.
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