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Real Estate Broker Licensing in New Jersey

Review current requirements, exam details, renewal cycle, and salary outlook for real estate broker in New Jersey, including See agency and board contact links.

Last verified: Feb 17, 2026

Current

Application Fee

See agency

Exam Requirement

State exam required

Renewal Cycle

See board renewal rules

Licensing Blueprint for Real Estate Broker in New Jersey

Estimated timeline: Varies by board

Core Requirements

  1. 1

    Education: Degree required.

  2. 2

    Experience: Work experience required.

  3. 3

    Background/Criminal Review: No criminal record prohibitions.

  4. 4

    License Type: Stand-alone license.

Exam and processing details

  • State exam required

Continuing education and program notes

  • Continuing education required to maintain license

Application Snapshot

  1. Licensing Authority

    Department of Banking and Insurance • New Jersey Real Estate Commission

  2. Current Filing Fee

    See agency

  3. Renewal Cycle

    See board renewal rules

  4. Salary Position

    $92,890 median (29% above national)

  5. State Salary Rank

    #4 of 50 states

Step-by-Step Process (7)

  1. 1. Meet New Jersey eligibility requirements for Real Estate Broker licensure.
  2. 2. Complete required education or training: Degree required.
  3. 3. Document required supervised experience: Work experience required.
  4. 4. Pass required examination steps: State exam required.
  5. 5. Prepare supporting documentation (background check: No criminal record prohibitions; Background/Criminal Review: No criminal record prohibitions.).
  6. 6. Submit the application to Department of Banking and Insurance~New Jersey Real Estate Commission and monitor board communications.
  7. 7. Maintain post-licensure compliance (continuing education: Continuing education required to maintain license).

Salary Insights in New Jersey

With a median salary of $92,890, Real Estate Brokers in New Jersey earn 29% above the national median of $72,280. New Jersey ranks #4 among 50 states. The typical licensing timeline is Varies by board.

State Hiring Climate (QCEW)

Rising

QoQ Employment Change

+2.4%

Average Weekly Wage

$1,565

Median annual salary

$92,890

Hourly estimate

$44.66
29% above national median

Difference: +$20,610

Percentile Distribution

Annual compensation
  • P1010th percentile$44,920
  • P2525th percentile$62,990
  • P50Median$92,890
  • P7575th percentile$133,400
  • P9090th percentile$194,050

State vs National Median

State: $92,890
National: $72,280

Total employment: N/A | Annual openings: N/A

Real Estate Broker Salary Ranking

#4 of 50 statesfor Real Estate Broker median salary
RankStateMedian Salary
#1Iowa$116,920
#2Massachusetts$112,180
#3New York$94,170
#4New Jersey$92,890
#5Connecticut$90,910

Nearby States Comparison

Real Estate Broker licensing across the region
StateMedian SalaryEducationExamTimeline
New Jersey$92,890Degree requiredState exam requiredVaries by board
New York$94,170Specific course requiredState-approved examVaries by board
Pennsylvania$74,990Degree requiredState exam requiredVaries by board
Delaware$68,320No educational requirementsState exam requiredVaries by board

License by Endorsement

Transfer requirements are state-specific. Use this quick matrix as a planning signal, then verify final endorsement rules with each board.

StateReciprocity ScoreTierNotes
New Jersey50LowState-specific exam conditions may apply. Documented experience may be required.
New York78HighBoard-specific review required.
Pennsylvania50LowState-specific exam conditions may apply. Documented experience may be required.
Delaware50LowState-specific exam conditions may apply. Documented experience may be required.
  • License status indicator: Active.
  • Continuing education indicator: Continuing education required to maintain license.
  • Reciprocity and transfer rules vary by state board. Verify directly with the agency.

Official Licensing Agency

Official website verified

Department of Banking and Insurance • New Jersey Real Estate Commission

PO Box 328, Trenton, NJ, 8625

Phone: 6092928300

Related Careers in New Jersey

ProfessionMedian SalaryEducationTimeline
Architect$97,980Specific course requiredVaries by board
Audio and Video Technicians$75,220Degree requiredVaries by board
Certified Public Accountant$101,340Degree requiredVaries by board
Civil Engineer$103,690Specific course requiredVaries by board

FAQ

How long does it take to become a Real Estate Broker in New Jersey?

Most applicants finish the licensing path in about Varies by board, but timing can change based on education track, exam scheduling, and board processing.

What exams are required for Real Estate Brokers in New Jersey?

New Jersey lists State exam required as part of the licensure process for Real Estate Brokers.

What education do you need to become a Real Estate Broker in New Jersey?

The board typically expects Degree required for Real Estate Broker licensure in New Jersey.

What is the typical Real Estate Broker salary in New Jersey?

The median annual salary for Real Estate Brokers in New Jersey is $92,890. Salaries range from $44,920 (10th percentile) to $194,050 (90th percentile).

How does the Real Estate Broker salary in New Jersey compare to the national average?

Real Estate Brokers in New Jersey earn 29% above the national median of $72,280, with a state median of $92,890.

Can I transfer my Real Estate Broker license to New Jersey from another state?

Transfer requirements vary by board. License status indicator: Active. Continuing education indicator: Continuing education required to maintain license. Reciprocity and transfer rules vary by state board. Verify directly with the agency.

Who is the licensing agency for Real Estate Brokers in New Jersey?

The licensing agency is Department of Banking and Insurance / New Jersey Real Estate Commission. Review agency details at http://www.state.nj.us/dobi/division_rec/index.htm.

How often do you renew a Real Estate Broker license in New Jersey?

Current guidance indicates a renewal cycle of See board renewal rules.