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100+ Free NJ RE Broker Practice Questions

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2026 Statistics

Key Facts: NJ RE Broker Exam

~50%

First-Time Pass Rate

PSI

110

Exam Questions

National + State portions

70%

Passing Score

Each portion separately

150 hrs

Pre-License Education

NJREC requirement

3 yrs

Salesperson Experience

Full-time licensee

$65

Exam Fee

PSI

New Jersey's broker exam requires 150 hours of pre-license education — one of the higher requirements nationally — and 3 years of salesperson experience. The exam tests brokerage operations, trust account management, the NJ Real Estate Licensing Act, and NJREC regulations. New Jersey is distinctive for its mandatory continuing education requirements, the Industrial Site Recovery Act (ISRA) for environmental contamination, and strict escrow account regulations enforced by the NJ Real Estate Commission.

About the NJ RE Broker Exam

The New Jersey real estate broker exam is administered by PSI on behalf of the New Jersey Real Estate Commission (NJREC). It consists of a national portion and a state-specific portion covering NJ real estate law, brokerage management, trust accounts, and NJREC regulations. Candidates must complete 150 hours of approved pre-license education and have 3 years of active salesperson experience.

Questions

110 scored questions

Time Limit

3 hours

Passing Score

70%

Exam Fee

$65 (PSI (for NJ Real Estate Commission))

NJ RE Broker Exam Content Outline

20%

Brokerage Management & Operations

Office management, branch offices, salesperson supervision, independent contractor agreements, advertising compliance, NJREC record-keeping requirements

18%

Trust Accounts & Fund Handling

Escrow account requirements, earnest money deposits, commingling, conversion, interest-bearing accounts, NJREC audit procedures

20%

New Jersey Real Estate Law

NJ Real Estate Licensing Act, NJREC regulations, consumer fraud protections, ISRA environmental requirements, New Home Warranty Program

15%

Contracts & Transactions

Purchase agreements, listing agreements, attorney review clause, closing procedures, title insurance, NJ-specific contract provisions

15%

Finance & Property Valuation

Mortgage types, NJ realty transfer fee, appraisal methods, property tax calculations, economic principles

12%

Agency, Ethics & Fair Housing

NJ agency disclosure requirements, dual agency, fiduciary duties, NJ Law Against Discrimination (LAD), federal fair housing

How to Pass the NJ RE Broker Exam

What You Need to Know

  • Passing score: 70%
  • Exam length: 110 questions
  • Time limit: 3 hours
  • Exam fee: $65

Keys to Passing

  • Complete 500+ practice questions
  • Score 80%+ consistently before scheduling
  • Focus on highest-weighted sections
  • Use our AI tutor for tough concepts

NJ RE Broker Study Tips from Top Performers

1Master NJ trust account rules: know escrow requirements, commingling vs conversion, interest-bearing accounts, and NJREC audit procedures
2Study the NJ Real Estate Licensing Act thoroughly — it governs all licensing, violations, and disciplinary actions by NJREC
3Understand the NJ attorney review clause — a 3-business-day period unique to New Jersey real estate transactions
4Learn NJ realty transfer fee calculations: $2 per $500 for the first $150,000, then $3.35 per $500 above $150,000 (seller pays)
5Know the Industrial Site Recovery Act (ISRA) requirements for environmental contamination disclosure in commercial transactions

Frequently Asked Questions

How hard is the New Jersey real estate broker exam?

The NJ broker exam is challenging with a ~50% first-time pass rate. It requires 150 hours of pre-license education (one of the highest requirements nationally), 3 years of salesperson experience, and covers both national real estate concepts and New Jersey-specific law including NJREC regulations. Trust account management and the attorney review process are heavily tested.

How many questions are on the New Jersey broker exam?

The New Jersey real estate broker exam has approximately 110 multiple-choice questions split between a national portion and a state-specific portion. You have 3 hours to complete both portions and need 70% on each portion to pass. The exam is administered by PSI at testing centers throughout New Jersey.

What are the prerequisites for a New Jersey broker license?

You need 150 hours of approved broker pre-license education, 3 years of active salesperson experience as a full-time licensee, and must pass both the national and state portions of the broker exam with 70% or higher. NJ also requires completion of specific courses in real estate law, agency, and brokerage management.

What topics are most tested on the New Jersey broker exam?

The most heavily tested broker-level topics include trust/escrow account management, brokerage operations and supervision, the NJ Real Estate Licensing Act, NJREC regulations, the attorney review clause (unique to NJ), the Industrial Site Recovery Act (ISRA), and the NJ Law Against Discrimination (LAD). The realty transfer fee calculation is also frequently tested.