David Rifkin 856-261-0616
Realtor, Broker Associate, Notary
Keller Williams Realty
The "exit tax" is to those selling their home who have not lived in that home as their primary residence for 2 out of the past 5 years. You can read more about it online and look for the form GIT/REP-3 which you will fill out at settlement, see the link I provided below. Check with your accountant to clarify.
Thank you for your question.
The 2% tax on the profit is only collected if you move out of state when you sell your house.
You can cal the title company so they can give you an idea of the net proceeds after the sale.
Ines De La Cruz, ABR, CRS