New Jersey MVC Bill of Sale

Want to know more about the New Jersey MVC bill of sale? Here you are in the right place. We have discussed all the points in a detailed manner. The bill of sale is a document that is used in all the states of the United States and all the states have different formats to write the bill of sale. Here we will understand why it is used? How is it used? When is it used? Stay with us to know all the answers. 

Bill of Sale For New Jersey

New Jersey DMV Logo

When you are selling or buying something you need solid proof to ensure that the deal has been done successfully and legally. Right, So the New Jersey MVC bill of sale plays an important role in this. In many states, the bill of sale is considered a legal document. So it is used in the form of a sale slip when a trade is being executed between two entities. Besides this, the form carries all the necessary details about the buyer, the seller, and the vehicle. So it is attached in the ownership transfer application.

How To Write A Bill Of Sale

Step 1 – Seller and Buyer Information

  • Enter Seller’s Name
  • Seller’s Driver’s License Number
  • Seller’s  Address
  • City
  • State
  • Zip Code
  • Enter Buyer’s Name
  • Buyer’s Driver’s License Number
  • Buyer’s Address
  • City
  • State
  • Zip Code

Step 2 – Enter Vehicle Details

  • Make
  • Type
  • Model
  • Year
  • Vehicle Identification Number (VIN)
  • Color
  • Odometer Readings

Step 3 – Trading/Purchasing Price – Check the appropriate box (If any)

  • Check the first box, Both the entities have agreed for the payment Write the amount in words.
  • Write the amount in numbers
  • Write the date in which the vehicle is traded in mm/dd/yyyy format.  
  • If the form is filled earlier then you can write the date in which the vehicle is going to be handed over to the buyer in mm/dd/yyyy format. 
  • If the payment will be made in later days then you should provide the date of payment in mm/dd/yyyy format.
  • You can check the box if the vehicle is a gift (for the buyer)

Step 4 – Seller’s Statement – The seller should read the form carefully. The seller should inform the buyer of any defect in the vehicle. 

  • If there is any defect in the vehicle then the seller should mention it in the New Jersey MVC bill of sale. If both the entities are ready to trade then the seller must provide the signature.  

Step 5 – Signatures –  Both the entities should provide their signature if they agree to the deal but in presence of a notary public.  

  • Seller’s Signature
  • Seller’s Printed Name
  • Buyer’s Signature
  • Buyer’s Printed Name
  • The Witness should provide 
  • Signature
  • Printed Name

Step 6 – Notarization Process – Once the signatures are done in presence of the notary public then they will complete the form by affixing the state seal on the form. 

  • You should make copies of the New Jersey MVC bill of sale and provide the copies to the seller and witnesses. The buyer keeps the original document for record-keeping purposes.  

How To Use The Bill Of Sale At New Jersey MVC?

New Jersey Drivers License

The New Jersey MVC bill of sale comes into action when you are buying or selling the vehicle. The bill of sale is used as a sales slip that provides strong proof for both buyer and the seller. Secondly, The MVC bill of sale carries all the essential credentials of the buyer, seller, and the vehicle. Moreover, the MVC bill of sale does not require notarization.

New Vehicle Registration in New Jersey

If you want to register the vehicle then you must be a resident of New Jersey state. Whether you want to operate the vehicle in New Jersey then you must register the vehicle and get the title. If you have purchased the vehicle from a dealer then usually the dealer provides the services to submit the documents including the New Jersey MVC bill of sale to the MVC office. Until that the dealer provides you with temporary tags so that you can run the vehicle on the roads. 

Renewal of Vehicle Registration in New Jersey

If you want to renew the title you must visit the local MVC near you and renew the title if it is expired. You can check on the backside of the title and check the date of expiry. However, you have to renew the title within 30 days of expiry. If you miss then you must pay late renewal charges. Therefore, you can go to your nearest MVC office to renew the title or else you can check the official website to complete the process online.

Necessary Documentation For New Jersey MVC

  • Title of the Vehicle 
  • New Jersey MVC bill of sale 
  • Current Insurance Details 
  • Odometer Disclosure Statement 
  • Driver’s License
  • State Id Proof 
  • Sales Tax Receipt
  • Emission Certificate (If you are new to the state) 
  • Fees For registration Process

Frequently Asked Questions

1. Is the bill of sale required in New Jersey?

Yes, the New Jersey MVC bill of sale is a necessary document in order to register the vehicle. You will have to go to your local Motor Vehicle Commission (MVC) to register the vehicle and transfer the ownership.

2. Does a bill of sale have to be notarized in New Jersey?

The New Jersey MVC bill of sale needs to be notarized. All the signatories should be present in the notary public and provide their signatures in order to complete the trade.

3. How much is a title transfer in New Jersey?

Once you have purchased the vehicle then you must register the vehicle in your local MVC. If you want to transfer the title in new jersey then the buyer must be ready to pay around $60. If the vehicle has a lien certificate then you must have to pay $85.

Wrap Up

In conclusion, we hope that this New Jersey MVC bill of sale article was informative for you and helped you register the vehicle. Here we discussed the use of the New Jersey MVC bill of sale and when and how it is used. If still, you have any doubts then you can share with us in the comments below. We will respond as soon as possible. DMV bill of sale of Missouri is also similar to that of new jersey, you can have a look.