Application Fee
See board websiteVerified by NJ Board of Business
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 board website and board contact links.
Last verified: Feb 12, 2026
Exam Requirement
State exam requiredRenewal Cycle
See board renewal rulesLicensing Blueprint for Real Estate Broker in New Jersey
Estimated timeline: 6-24 monthsCore Requirements
- License Type: Stand-alone license
- Education: Degree required
- Examination: State exam required
- Application Fee: See board website
- Experience: Work experience required
- Background Check: No criminal record prohibitions
- Continuing Education: Continuing education required to maintain license
Application Snapshot
- Licensing Authority
Department of Banking and Insurance • New Jersey Real Estate Commission
- Current Filing Fee
See board website
- Renewal Cycle
See board renewal rules
- Salary Position
$92,890 median (29% above national)
- State Salary Rank
#4 of 50 states
Step-by-Step Process (4)
- 1. Meet New Jersey eligibility requirements for Real Estate Broker licensure.
- 2. Complete required education: Degree required.
- 3. Pass the required examination: State exam required.
- 4. Submit your application to the Department of Banking and Insurance~New Jersey Real Estate Commission.
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 72280. New Jersey ranks #4 among 50 states. The typical licensing timeline is 6-24 months.
State Hiring Climate (QCEW)
RisingQoQ Employment Change
+2.4%Average Weekly Wage
$1,565Median annual salary
$92,890Hourly estimate
$44.6629% above national median
Difference: +$20,610
Percentile Distribution
Annual compensationReal Estate Broker Salary Ranking
#4 of 50 statesfor Real Estate Broker median salary
| Rank | State | Median Salary |
|---|---|---|
| #1 | Iowa | 116,920 |
| #2 | Massachusetts | 112,180 |
| #3 | New York | 94,170 |
| #4 | New Jersey | 92,890 |
| #5 | Connecticut | 90,910 |
Nearby States Comparison
Real Estate Broker licensing across the region| State | Median Salary | Education | Exam | Timeline |
|---|---|---|---|---|
| New Jersey | $92,890 | Degree required | State exam required | 6-24 months |
| New York | $94,170 | Specific course required | State-approved exam | 6-24 months |
| Pennsylvania | $74,990 | Degree required | State exam required | 6-24 months |
| Delaware | $68,320 | No educational requirements | State exam required | 6-24 months |
License by Endorsement
Transfer requirements are state-specific. Use this quick matrix as a planning signal, then verify final endorsement rules with each board.
| State | Reciprocity Score | Tier | Notes |
|---|---|---|---|
| New Jersey | 50 | Low | State-specific exam conditions may apply. Documented experience may be required. |
| New York | 78 | High | Board-specific review required. |
| Pennsylvania | 50 | Low | State-specific exam conditions may apply. Documented experience may be required. |
| Delaware | 50 | Low | State-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.
Official Licensing Agency
Department of Banking and Insurance • New Jersey Real Estate Commission
PO Box 328, Trenton, NJ, 8625
Phone: 6092928300
Related Careers in New Jersey
| Profession | Median Salary | Education | Timeline |
|---|---|---|---|
| Architect | $97,980 | Specific course required | 6-24 months |
| Certified Public Accountant | $101,340 | Degree required | 6-24 months |
| Civil Engineer | $103,690 | Specific course required | 6-24 months |
| Financial Advisor | $123,690 | Varies by state board | 6-24 months |
FAQ
How long does it take to become a Real Estate Broker in New Jersey?
Most applicants finish the licensing path in about 6-24 months, 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 44920 (10th percentile) to 194050 (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 72280, 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.
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.