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What is the minimum age requirement to obtain a New Jersey real estate salesperson license?

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B
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Key Facts: NJ Real Estate Exam

110 Q

Exam Length

PSI NJ salesperson candidate bulletin

80 + 30

National + State Split

PSI NJ

70%

Passing Score

NJREC

75 hrs

Pre-License Education

NJREC licensing requirements

$85

Exam Fee

PSI NJ fee schedule

3 days

Attorney Review Period

NJ real estate law

New Jersey requires 75 hours of pre-license education and the PSI exam (80 national + 30 state questions, 70% to pass). A unique 3-business-day attorney review period allows either party's attorney to disapprove contracts. The Realty Transfer Fee uses a sliding scale from $2/$500 under $150K to $6.05/$500 over $1M. The NJ Law Against Discrimination adds protected classes beyond federal law.

Sample NJ Real Estate Practice Questions

Try these sample questions to test your NJ Real Estate exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 198+ question experience with AI tutoring.

1What is the minimum age requirement to obtain a New Jersey real estate salesperson license?
A.18 years old
B.21 years old
C.19 years old
D.20 years old
Explanation: New Jersey requires real estate salesperson applicants to be at least 18 years of age.
2How many hours of pre-license education are required for a New Jersey real estate salesperson license?
A.75 hours
B.40 hours
C.60 hours
D.90 hours
Explanation: New Jersey requires 75 hours of approved pre-license education for salesperson licensure, which is higher than many other states.
3Which New Jersey state agency regulates real estate licensees?
A.New Jersey Real Estate Commission (NJREC)
B.New Jersey Department of Banking
C.New Jersey Attorney General
D.New Jersey Division of Consumer Affairs
Explanation: The New Jersey Real Estate Commission (NJREC), part of the Department of Banking and Insurance, regulates real estate licensees.
4What is the passing score required on the New Jersey real estate salesperson examination?
A.70% on both national and state portions
B.75% on both portions
C.65% on both portions
D.80% on both portions
Explanation: New Jersey requires a minimum passing score of 70% on both the national and state-specific portions of the salesperson exam.
5How many questions are on the New Jersey real estate salesperson exam?
A.130 questions (80 national + 50 state)
B.100 questions (60 national + 40 state)
C.150 questions (100 national + 50 state)
D.110 questions (70 national + 40 state)
Explanation: The New Jersey real estate salesperson exam consists of 130 total questions: 80 questions covering national real estate content and 50 questions covering New Jersey-specific content.
6What testing companies administer the New Jersey real estate salesperson exam?
A.PSI Services and Pearson VUE
B.Only Prometric
C.Only AMP
D.Only PSI
Explanation: New Jersey real estate exams are administered by both PSI Services and Pearson VUE at various testing centers.
7What is the continuing education requirement for New Jersey real estate license renewal?
A.12 hours every 2 years
B.24 hours every 2 years
C.18 hours every 3 years
D.No CE requirement
Explanation: New Jersey requires 12 hours of continuing education every 2-year renewal period, including specific core topics.
8Which of the following is NOT required to obtain a New Jersey real estate salesperson license?
A.A college degree
B.75 hours of pre-license education
C.Passing the state exam
D.High school diploma or GED
Explanation: New Jersey does NOT require a college degree. Requirements are: be 18+, have high school diploma or GED, complete 75 hours education, pass the exam, and find a sponsoring broker.
9What is the license period for New Jersey real estate salespersons?
A.2 years
B.3 years
C.4 years
D.1 year
Explanation: New Jersey real estate salesperson licenses are issued for a 2-year period and must be renewed with continuing education completion.
10What must a New Jersey real estate salesperson have before they can practice?
A.A sponsoring broker
B.Their own office
C.At least 2 years experience
D.A broker license
Explanation: New Jersey salespersons must work under the supervision of a licensed broker who sponsors their license. They cannot practice real estate independently.

About the NJ Real Estate Exam

The New Jersey real estate salesperson exam covers national real estate fundamentals plus New Jersey-specific topics including NJREC licensing requirements, the unique attorney review period, agency disclosure obligations, New Jersey's Realty Transfer Fee, GIT (Gross Income Tax) seller withholding, and the New Jersey Law Against Discrimination (LAD) which provides the broadest fair housing protections in the US.

Questions

110 scored questions

Time Limit

4 hours

Passing Score

70%

Exam Fee

$85 (NJREC / PSI)

NJ Real Estate Exam Content Outline

25%

NJREC Licensing & Regulation

NJREC structure, 75-hour pre-license, license types, CE (12 hrs/2 years), trust accounts, referral agents

25%

NJ Agency & Disclosures

Consumer Information Statement (CIS), agency relationships, dual agency, seller property condition disclosure

25%

NJ Contracts & Attorney Review

Standard contract forms, 3-day attorney review period, inspection contingencies, earnest money, title search

25%

NJ Taxes & Fair Housing

Realty Transfer Fee (sliding scale), GIT withholding, property tax (assessed vs equalized), NJ LAD (broadest protections)

How to Pass the NJ Real Estate Exam

What You Need to Know

  • Passing score: 70%
  • Exam length: 110 questions
  • Time limit: 4 hours
  • Exam fee: $85

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 Real Estate Study Tips from Top Performers

1Master the 3-day attorney review period: either party's attorney can disapprove within 3 business days after signing
2Know the Realty Transfer Fee sliding scale — it increases as sale price goes up, paid by seller
3Study the NJ LAD: broadest fair housing law in the US with many additional protected classes
4Learn GIT withholding: non-resident sellers must have estimated income tax withheld at closing
5Understand NJREC's role: referral agents, CE (12 hrs/2 years), trust account requirements

Frequently Asked Questions

How many questions are on the New Jersey real estate salesperson exam?

The NJ exam has 110 total questions: 80 national and 30 state-specific. You must score 70% on each section. PSI administers the exam with 4 hours total.

What is the New Jersey attorney review period?

New Jersey requires a 3-business-day attorney review period after a real estate contract is signed. During this period, either party's attorney can review and disapprove the contract, effectively canceling it. If no attorney acts within 3 days, the contract becomes binding.

How does New Jersey's Realty Transfer Fee work?

The NJ Realty Transfer Fee is paid by the seller on a sliding scale: $2 per $500 for consideration up to $150K, $3.35 per $500 from $150K–$200K, $3.90 per $500 from $200K–$350K, $4.25 per $500 from $350K–$550K, $4.80 per $500 from $550K–$850K, $5.30 per $500 from $850K–$1M, and $6.05 per $500 over $1M.

What makes New Jersey's fair housing law unique?

The NJ Law Against Discrimination (LAD) is considered the broadest anti-discrimination law in the US. It adds protected classes including marital status, domestic partnership status, sexual orientation, gender identity, nationality, ancestry, atypical hereditary cellular or blood trait, and genetic information.