Closing costs in New Jersey and Atlantic County Atlantic City

[Paul Stewart]

So i'm about to make a offer on a property in Atlantic city. I own a home in New York. I have been told by several people in Atlantic city (real estate agent, home owners other investors) that in NJ at closing you only have to pay a quarter of your taxes, home owners insurance and flood insurance upfront. As in NY all that has to be paid for a year in advance. My lender gave me the break downs of the closing costs for the price i'm willing to pay and it seems very high to me. His estimate has me paying in advance labeled as ( items required by lender to be paid in advance) 12 months of homeowners insurance and 12 months of flood insurance then under that its labeled ( reserves deposited with lender) 

3 months of homeowners insurance, 3 months of flood insurance and 5 months of property tax.  so basically i'm paying 15 months of homeowners and flood insurance at closing...that does not seem right to me that's more then NY and from what I have been old from several people that is not case in NJ. So maybe i'm misunderstanding something on 1 end or the other...but figured I'd write a post and see if I can get some answers as far as closing in NJ. my total on closing is coming out to be $16,400 and 8,000 of that is my deposit. So that's $8,400 to close. That seems high in NJ to me. Like i mentioned before everyone i spoke to said they paid in the $4000 to $5000 range to close not including their down payment. Any hot takes on this? I might be completely misunderstanding something. I asked my lender but I still did not really understand him. He told me he needs the 12 months upfront that its law..