Deductions & credits

My brother died last year in Florida and his home was under the homestead protection.  The Florida Court confirmed the Home Stead protection and it was released for sell.  The final sell was divided between one other brother.  He lives in Puerto Rico and I live in New Jersey.

I understand that this property is an inheritance property do I need to pay federal and or NJ state taxes on the gains from this sell?

Thank you for your quick reply.

[removed]

email: [email address removed]