New Jersey Real Estate Salesperson Exam

The exam draws from several content domains defined in the official examination bulletin. Contracts make up the largest single share at 19% of the test, followed by Agency at 13% and Practice of Real Estate at 12%. The remaining content is organized by item counts rather than percentages for the salesperson version: Statutes and Rules Governing Licensee Activities carries 22 items, Licensing Requirements carries 3 items, Additional Requirements carries 3 items, and Duties and Powers of the Real Estate Commission carries 2 items.

• Contracts — 19% of the exam
• Agency — 13% of the exam
• Practice of Real Estate — 12% of the exam
• Statutes and Rules Governing Licensee Activities — 22 items
• Licensing Requirements — 3 items
• Additional Requirements — 3 items
• Duties and Powers of the Real Estate Commission — 2 items

Before sitting for the exam, candidates must complete a 75-hour prelicensure course at a licensed school.

PSI, the state's contracted testing vendor, charges a $38 examination fee. That is separate from the $160 initial salesperson license fee due once you pass, which breaks down into a $100 license fee, a $50 application fee, and a $10 guaranty fund contribution. Ongoing costs include a $100 renewal fee, a $150 reinstatement fee for an unrenewed license, and a $25 transfer fee, per the state's official license fee schedule. Eligible veterans may qualify for a reduced $60 alternative fee or a fee waiver, so check current eligibility rules directly with the New Jersey Real Estate Commission.

The salesperson exam consists of 110 questions with a 4-hour time limit. A passing score is 70% correct, meaning at least 77 of the 110 questions must be answered correctly. Candidates who do not pass may typically retest as soon as the next business day, though scheduling specifics should be confirmed against the current official examination bulletin.