How to Get a New Jersey Real Estate License: Step-by-Step Guide

If you want to become a real estate agent in New Jersey, you must get a NJ real estate license.

In this guide, we’ll break down exactly what it takes to become a licensed real estate agent in New Jersey. 

It will cover everything from licensing requirements to how much it costs. Let’s get started!

How to Get Your Real Estate License in New Jersey

Step 1: Meet the Basic Requirements

To qualify for a New Jersey real estate license, you must meet the following requirements:

• Be at least 18 years old.
• Hold a high school diploma or GED.
• Be a U.S. citizen or legal resident.
• Possess good character, trustworthiness, honesty, and integrity

These are the minimum qualifications required to enroll in pre-licensing education and begin the licensing process.

Step 2: Complete 75 Hours of Pre-Licensing Education

The state of New Jersey requires students to complete 75 hours of approved pre-licensing education from an accredited real estate school. 

The course covers a variety of real estate topics that will help you build a strong foundation in the industry. The 75 hours of coursework includes:

• Real Estate Principles and Practices: An introduction to the real estate industry, covering basic concepts, terms, and practices.
• New Jersey Real Estate Law: An overview of New Jersey-specific real estate laws, including licensing requirements and regulations.
• Contracts and Agency: A comprehensive look at the legal aspects of contracts, agency relationships, and fiduciary duties.
• Property Management: Fundamentals of managing residential and commercial properties.
• Ethics and Professional Conduct: Focus on ethical considerations, fair housing laws, and professional conduct expected of licensed agents.
• Financing and Mortgage Brokerage: Basics of real estate financing, loan processes, and mortgage brokerage services.

The classes are available both online and in person, making it easy to find a learning format that suits your schedule.

If you’re ready to enroll in a real estate school, we partnered with Kaplan to provide exceptional real estate courses to New Jersey students. 

Sign up through US Realty Training and get a discount.

Step 3: Apply for the Real Estate Licensing Exam

To apply, you’ll need to submit an application to the New Jersey Real Estate Commission, along with the following required materials:

• Completed pre-licensing education certificate.
• Completed real estate license application form.
• Proof of U.S. citizenship or legal residency (passport, birth certificate, or Green Card).
• Social Security number for verification purposes.
• Application fee of $160

After your application is processed, you’ll receive instructions on how to schedule your exam date.

Step 4: Pass the New Jersey Real Estate Licensing Exam

The New Jersey real estate salesperson exam includes both a national and state-specific portion.

The exam is administered by PSI, a nationwide testing service, and consists of 110 questions that you must complete within four hours. 

You must score at least 70% on both the national and state portions to pass. 

New Jersey does not designate a limitation on the number of retakes for the salesperson license exam. However, all retakes must occur within your one-year eligibility window from completing your pre-licensing education.

We provide a Michigan real estate crash course and exam prep package to make studying and passing easy. This program provides 8+ hours of video content that explains concepts, vocabulary, historical events, and laws on the exam. 

You get unlimited practice exams, vocab flashcards, an eBook study guide, and 2,000+ question and answer videos.

Step 5: Find a Sponsoring Broker

Once you pass the licensing exam, you’ll need to find a sponsoring broker to activate your license. A sponsoring broker is a licensed real estate professional who will mentor you and provide you with the necessary resources to succeed in your career. 

Choose a broker that aligns with your career goals and offers the training and support you need.

Step 6: Submit Your License Application and Pay the Fees

The final step to obtaining your real estate license is to submit your license application to the New Jersey Real Estate Commission. 

Along with the application form, you’ll need to include proof of passing the state exam, sponsorship from a licensed broker, and the application fee of $160. 

Once your application is approved, you’ll officially be a licensed real estate agent in New Jersey!

FAQs About Getting a Real Estate License in New Jersey

The following are frequently asked questions we have received from students who want to become a real estate agent in New Jersey.

How Much Do New Jersey Real Estate Agents Make?

Real estate agents in New Jersey earn an average annual salary of $84,000, but income varies widely depending on factors such as experience, location, and specialization. 

Top-performing agents in high-demand markets can earn six-figure incomes, while newer agents may earn less as they build their client base. 

Remember, the more time and effort you invest in your career, the more you stand to gain.

How Much Does a New Jersey Real Estate License Cost?

The total cost to get a real estate license in New Jersey ranges from $400 to $600. This includes the pre-licensing course fees, the exam fee (approximately $45), and the application fee ($160). 

Additional costs may include study materials, exam prep courses, and background check fees. Be sure to budget accordingly to cover these expenses.

Is Becoming a Real Estate Agent in New Jersey Worth It?

Becoming a real estate agent in New Jersey can be a lucrative career choice if you’re motivated and committed. 

With competitive commission rates, diverse market opportunities, and a relatively short licensing process, it’s a field that offers both financial and personal rewards. 

However, success is not guaranteed—it requires dedication, ongoing education, and a strong work ethic.

What Should I Know Before Becoming a Real Estate Agent?

Before diving into a real estate career, it’s essential to understand the industry’s challenges. Real estate is not a 9-to-5 job; it often involves working evenings and weekends to accommodate clients. 

Additionally, success in real estate is largely dependent on your ability to network, marketing yourself, and building a solid reputation. 

Make sure you’re prepared for the time and effort it takes to become established.

Can I Get a New Jersey Real Estate License if I’m Already an Agent in Another State?

No, New Jersey does not offer reciprocity with other states. However, they do provide an educational waiver that could allow you to bypass the educational requirement. 

You can contact the New Jersey Real Estate Commission to see if you are eligible and fill out an application.

How Often Do I Renew My New Jersey Real Estate License?

New Jersey real estate licenses must be renewed every two years. To renew your license, you’ll need to complete 12 hours of continuing education (CE) credits, which include mandatory courses in ethics and core real estate topics. 

Staying on top of these requirements ensures you remain knowledgeable and compliant with state regulations.

What Should I Do After Getting My New Jersey Real Estate License?

Once you receive your license, the real work begins! Focus on building your client base through networking, marketing, and participating in community events. 

Consider joining local real estate associations and attending professional development events to sharpen your skills and expand your network.

Final Thoughts on Getting a Real Estate License in New Jersey

Becoming a real estate agent in New Jersey is a rewarding career path that offers flexibility, financial potential, and the opportunity to help people find their dream homes. 

By following the steps outlined in this guide, you’ll be well on your way to earning your real estate license and launching a successful career in real estate.

If you’re ready to get started, enroll in our partnered New Jersey real estate licensing course today and get a discount.