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welcome everyone to our culture estate channel where we cover all things real estate entrepreneurship and mindset today on culture report well be talking about bulk sales specifically in New Jersey and what every real estate investor needs to know before the day of the closing stick around and well get right to it now first lets start off with an explanation of what bulk sales are now if youre in the state of New Jersey bulk sale appeared on the scene many years ago and what happened is that New Jersey was not getting their fair share of the taxes when real estate investors were selling their properties for a profit so what they did specifically when Christie was in office is they implemented the already existing bulk sale transfer when real estate investors would sell their properties for profit so if you are an investor and you made $100,000 on your property but then at the end of the year you either squandered that money or you reinvested into something else a lot of times the s