Just Sold My Boat in New Jersey — What’s Next? (2026)
Need New Jersey bill of sale documentation?
If you haven’t generated a New Jersey-compliant bill of sale yet, do it now — your proof-of-sale window closes the moment the buyer leaves.
Start My New Jersey Boat Bill of Sale →New Jersey boat sale facts
| Titling agency | New Jersey DMV ↗ |
| Title transfer deadline | 10 days from sale |
| Release of liability | File with New Jersey DMV within 5 days |
| Buyer’s sales / use tax | 6.625% (Sales tax applies to private party vehicle purchases) |
| Bill of sale notary | Not required |
| Title fee (buyer pays) | $60 |
| Boat identifier | HIN (Hull Identification Number) |
Your New Jersey boat post-sale checklist
- 1
Keep your signed New Jersey bill of sale
This is your proof that you sold the boat on the sale date. If the buyer gets a ticket, is in an accident, or fails to transfer the title within 10 days from the sale date, the New Jersey bill of sale shields you from liability. Keep both your copy and a scan for at least 5 years.
- 2
File a release of liability with New Jersey DMV
Most New Jersey sellers file this online through New Jersey DMV within 5 days of the sale. Filing removes you from records as the registered owner so any post-sale tickets, tolls, or accidents become the buyer's responsibility, not yours. New Jersey requires the buyer to title the boat within 10 days — your release filing protects you if the buyer misses that deadline.
- 3
Cancel or transfer your boat insurance
Contact your insurer the same day you hand over the keys. New Jersey does not require you to maintain insurance on a vehicle you no longer own, but you must not cancel before the sale is complete. If you are replacing the boat with another, transfer the policy instead — many insurers offer a short grace period to bind coverage on the new vehicle.
- 4
Remove your registration decal and registration decal
In New Jersey, the registration decal stays with the seller, not the boat. Remove the decal before handover and return any current registration to the New Jersey boating authority. The buyer will register the vessel in their name and receive new decals.
- 5
Verify the 10-day title transfer window
New Jersey requires the buyer to retitle the boat at New Jersey DMV within 10 days of the sale date. If you have not received confirmation that the title has been transferred by day 15, contact New Jersey DMV with your bill of sale and release-of-liability filing number to confirm the change of ownership.
- 6
Confirm your New Jersey tax obligations (seller's side)
New Jersey charges 6.625% sales/use tax on private-party boat sales — the buyer pays this at New Jersey DMV when titling. Sales tax applies to private party vehicle purchases. Sellers generally do not owe New Jersey sales tax, but if the boat sold for more than your original purchase price you may owe federal capital gains tax. Consult a tax advisor.
- 7
Watch for liens or loan payoff confirmation
If you had a loan on the boat, confirm the lender received the buyer's payoff and has released the lien on the New Jersey title before you deliver the title. New Jersey uses OS/SS-51 or Title (lien section) as the lien release form — your lender will file this with New Jersey DMV to clear the title record.
Boat-specific note
Boats use a Hull Identification Number (HIN) instead of a VIN — confirm the HIN on the transom matches the title and bill of sale. If the vessel is U.S. Coast Guard documented (5+ net tons, typically 26ft+), file an abstract-of-title transfer with the National Vessel Documentation Center in addition to state registration.
New Jersey lien release procedure
- Lienholder completes Form OS/SS-51 or the lien release section on the existing NJ title.
- Owner submits the lien release with the title and title application at a NJ MVC agency.
- Pay the title fee and receive a clean New Jersey title.
Frequently Asked Questions — New Jersey
How long do I have to file a release of liability in New Jersey?▾
New Jersey sellers should file a release of liability with New Jersey DMV within 5 days of the sale. Most New Jersey sellers can file this online directly through New Jersey DMV. Filing removes you from records as the registered owner so any post-sale tickets, tolls, or accidents fall on the buyer.
What is the New Jersey title transfer deadline for a boat?▾
New Jersey requires the buyer to title the boat within 10 days of the sale date. Missing the deadline can trigger late fees and back-dated registration penalties.
Do I owe New Jersey sales tax on the boat I just sold?▾
New Jersey charges 6.625% sales/use tax on private-party boat sales. Sales tax applies to private party vehicle purchases. The buyer typically pays this at New Jersey DMV when titling — sellers generally owe no New Jersey sales tax on the proceeds. You may owe federal capital gains if you sold for more than the original purchase price.
Does New Jersey require a notary on the boat bill of sale?▾
No. New Jersey does not require notarization for a private boat bill of sale. A signed bill of sale with both parties' full names, addresses, signatures, and the date is sufficient for New Jersey DMV.
How does the buyer register the boat in New Jersey?▾
The buyer brings the signed bill of sale and endorsed title to New Jersey DMV, pays the title fee (~$60) plus 6.625% sales/use tax, and receives a new New Jersey title in their name. Transfer must be completed within 10 days of the sale date.
What is U.S. Coast Guard documentation and do I need to file anything with the USCG?▾
USCG documentation is a federal title for vessels 5+ net tons (typically 26ft+) used in commerce or international waters. Recreational boats under 26 feet usually do not need USCG documentation — state registration and a bill of sale are sufficient. If your boat IS USCG-documented, file an abstract of title transfer with the National Vessel Documentation Center in addition to state registration.
Where do I find the HIN on my boat?▾
The Hull Identification Number (HIN) is a 12-character serial stamped on the starboard side of the transom (back of the boat) above the waterline. It is also recorded on the title. Confirm the HIN on the transom matches your bill of sale and title before the buyer pulls away on the trailer.
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Source: New Jersey DMV ↗ · Last verified 2026-05-07