New Jersey Real Estate Exam Info

What is required to get a license?

For salespersons:

  • Proof of age 18 and above.
  • Proof of completion of 75 hours pre license education.
  • Complete and pass the real estate examination.
  • Go through a fingerprinting process.
  • Register and apply.
  • You must submit a cashier’s check, money order, or broker’s business account check with the licensing fee.
  • Fees: Examination Fees (Salesperson: $45) License (Salesperson: $160).

For brokers:

  • Proof of age 18 and above.
  • Proof of completion of 150 hours pre license education.
  • You must have 3 years experience as a salesperson and fill in the report.
  • Once you submit the certificate of your education completion and the experience form, you will be approved by the commission and receive a Certificate of Examination Eligibility which you can use to schedule your exam.
  • Complete and pass the real estate examination.
  • Go through a fingerprinting process.
  • Register and apply.
  • You must submit a cashier’s check, money order, or broker’s business account check with the licensing fee.
  • Fees: Examination Fees (Broker: $45) License (broker: $270).

What score do I need to pass?

The salesperson exam consists of 110 questions. To pass, you must answer correctly at least 77 questions, which represent 70% correct.

The broker exam consists of 120 question. To pass, you must answer correctly at least 84 questions, which represent 70% correct.

You will receive your score immediately after you complete your exam.

How much time do I have to complete the exam?

  • For the salesperson exam: you are allowed a total of 4 hours.

  • For the broker exam: you are allowed a total of 4 hours.

What should I bring with me for the exam?

  • 2 Forms of identification with matching names, non-expired and containing a valid signature. (Driver’s license, passport, green card, U.S. social security card, debit or credit card with signature). One of them must be government issued and photo bearing.
  • You may bring a calculator which must be silent and should not contain the alphabet.

What is the format of the exam?

The exam is given on a computer.

What is on the exam?

The exam consists of the following topics:

  • Property Ownership
  • Land use controls and regulations
  • Valuation and market analysis
  • Financing
  • General principles of agency
  • Property condition and disclosures
  • Contracts
  • Transfer of title
  • Real estate calculations
  • Practice of real estate
  • Specialty areas
    • Duties and Powers of the Real Estate Commission
    • Licensing Requirements
    • Statutes and Rules Governing Licensee Activities
    • Additional Requirements

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