Corporate tax
New Jersey's corporation business tax rate is 9% on adjusted entire net income over $100,000, 7.5% on income over $50,000 up to $100,000, and 6.5% on income of $50,000 or less.
New Jersey Division of Taxationas of 2025
Saltaire Partners works with owners of businesses in New Jersey worth roughly $3–100M, from the New York metropolitan area. This page links to a local guide for each New Jersey metro area covered so far, and sets out the state rules that change what a sale looks like here: corporate tax, personal income tax, clearances. Every figure and rule links to its source.
Fixed fees. No exclusives. No success fees.
These statements come from the state's own agencies. Each one links to the page it was taken from.
New Jersey's corporation business tax rate is 9% on adjusted entire net income over $100,000, 7.5% on income over $50,000 up to $100,000, and 6.5% on income of $50,000 or less.
New Jersey Division of Taxationas of 2025
New Jersey adds a 2.5% Corporate Transit Fee to the corporation business tax for privilege periods from January 1, 2024 through December 31, 2028, on taxable net income over $10 million. New Jersey S corporations and public utilities do not pay it.
New Jersey Division of Taxationas of 2026
New Jersey taxes S corporation income in the year the corporation earns it, regardless of when it is distributed. Partners report their distributive share of partnership income whether or not it was actually distributed.
New Jersey Division of Taxationas of 2026
The purchaser of New Jersey business assets, other than in the ordinary course of business, must notify the Division of Taxation on Form C-9600 at least 10 business days before the closing; real property used for business or income purposes is covered too. If the purchaser does not, or closes before the 10 business days without an escrow assigned, the purchaser is held responsible for the seller's State tax obligations.
New Jersey Division of Taxationas of 2025
This is general information, not tax or legal advice. Your attorney and CPA should confirm how it applies to your sale.
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