Free Practice Questions for NJ Real Estate
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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 review concepts for the NJ Real Estate exam. Each question includes a detailed explanation. Start the interactive quiz above for the full 283+ question experience with AI tutoring.
1What is the minimum age requirement to obtain a New Jersey real estate salesperson license?
2How many hours of pre-license education are required for a New Jersey real estate salesperson license?
3Which New Jersey state agency regulates real estate licensees?
4What is the passing score required on the New Jersey real estate salesperson examination?
5How many scored questions are on the New Jersey real estate salesperson exam?
6Which testing company administers the New Jersey real estate salesperson exam?
7What is the continuing education requirement for New Jersey real estate license renewal?
8Which of the following is NOT required to obtain a real estate salesperson license?
9What is the license period for real estate salespersons?
10What must a real estate salesperson have before they can practice?
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.
Exam sponsor: NJREC / PSI. The requirements and fees below concern the certification or admission exam, separate from our free practice resources.
Questions
110 questions
Time Limit
4 hours
Passing Score
70%
Reported exam pass rate: 50%. estimated first-time pass rate (NJREC/PSI 2024) This describes exam candidates, not OpenExamPrep users or results from using our resources. Exam sponsor website
Fees, eligibility, and exam policies can change. Confirm them with the exam sponsor before applying or paying.
Official sources
Our practice resources: topics covered
We aim to reflect publicly available exam outlines and topic information in our study resources. Coverage, format, and difficulty may differ from the actual exam, and we cannot guarantee that every detail is accurate or current. Confirm exam requirements, fees, and policies with the official exam sponsor.
NJREC Licensing & Regulation
NJREC structure, 75-hour pre-license, license types, CE (12 hrs/2 years), trust accounts, referral agents
NJ Agency & Disclosures
Consumer Information Statement (CIS), agency relationships, dual agency, seller property condition disclosure
NJ Contracts & Attorney Review
Standard contract forms, 3-day attorney review period, inspection contingencies, earnest money, title search
NJ Taxes & Fair Housing
Realty Transfer Fee (sliding scale), GIT withholding, property tax (assessed vs equalized), NJ LAD (broadest protections)
Preparing for the NJ Real Estate Exam
What You Need to Know
- Passing score: 70%
- Exam length: 110 questions
- Time limit: 4 hours
- Exam / certification fees: $85 Official sources
Using Our Practice Resources
- Work through all 283 available questions
- Review every answer and explanation
- Track weak areas and revisit them
- Use our AI tutor for tough concepts
NJ Real Estate: Suggested Study Strategy
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.