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FINRA · 2026 · Free

Free New Jersey Real Estate Practice Exam

New Jersey real estate salesperson practice exam. 110 questions covering national principles and NJ-specific laws. 70% to pass.

110Questions
4 hrsTime Limit
70%Passing Score
PSI / NJRECAdministered By
75 hrsPre-License Hrs

New Jersey Real Estate Exam

Practice by NJ Real Estate Topic

Target a specific area, or launch the full exam below

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Real Estate Principles

Property ownership, contracts, agency, deeds, fair housing, and appraisal. Core national content.

20 questions
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Real Estate Finance

Mortgages, loan types, RESPA, TILA, title insurance, and closing costs.

20 questions
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New Jersey State Law

NJREC rules, NJ licensing law, LAD, Pinelands Act, disclosure requirements, and NJ-specific regulations.

25 questions

About the New Jersey Real Estate Exam

The New Jersey real estate salesperson licensing exam is required by the New Jersey Real Estate Commission (NJREC) before practicing real estate in the state. The exam is administered by PSI after completing the required 75-hour pre-license education course from an NJREC-approved school. New Jersey has one of the most active real estate markets in the country, with strong demand in the northern New Jersey suburbs of New York City, the Jersey Shore, and the Delaware Valley region.

The exam contains 110 questions with a 4-hour time limit and a 70% passing score — you need 77 correct answers. The exam covers national real estate principles and New Jersey-specific law including the New Jersey Real Estate License Act, the Consumer Fraud Act as it applies to real estate, and NJ-specific agency and disclosure requirements.

110Questions
4 hrsTime Limit
70%Passing Score
PSI / NJRECAdministered By
75 hrsPre-License Hrs

New Jersey Real Estate Exam Topic Breakdown

SectionApprox. QuestionsKey Topics
National — Real Estate Principles~70Agency, contracts, property rights, fair housing, finance, appraisal
NJ State — License Law & NJREC Rules~20License Act, NJREC authority, broker duties, license types
NJ State — Agency & Disclosures~12Buyer agency, seller agency, Consumer Information Statement, dual agency
NJ State — Other NJ Law~8NJ Consumer Fraud Act, Planned Real Estate Development Full Disclosure Act, transfer taxes

Sample New Jersey Real Estate Exam Questions

1. In New Jersey, a real estate licensee must provide the Consumer Information Statement (CIS) to a prospective buyer or seller:

  • A. Only when entering into a listing or buyer agency agreement
  • B. At the first contact with a prospective client or customer
  • C. Within 3 days of showing a property
  • D. Only when a dual agency situation arises
Correct: B. New Jersey requires licensees to provide the Consumer Information Statement — which explains agency relationships in New Jersey — at the first contact with a prospective buyer or seller. The CIS must be signed by the consumer and kept on file by the broker. This requirement applies regardless of whether the licensee represents the consumer as an agent or treats them as a customer.

2. Under New Jersey's Real Estate License Act, a salesperson who wishes to change employing brokers must:

  • A. Simply begin working for the new broker after giving 2 weeks notice to the old broker
  • B. Obtain written consent from both the old and new broker before transferring
  • C. File a transfer application with the NJREC and may not work for the new broker until the transfer is approved
  • D. Pay a transfer fee directly to the NJREC and begin working for the new broker
Correct: C. In New Jersey, a salesperson who transfers from one broker to another must file a transfer application with the NJREC. The salesperson's license is not active with the new broker until NJREC approves and issues the transfer. During the transfer period, the salesperson cannot conduct licensed real estate activity. The old broker must also release the license.

3. New Jersey's realty transfer fee (RTF) is paid by:

  • A. The buyer, as a cost of acquiring title
  • B. The seller, based on the consideration paid for the property
  • C. Both buyer and seller, split equally at closing
  • D. The real estate broker, out of the commission
Correct: B. New Jersey's Realty Transfer Fee (RTF) is paid by the seller and is calculated based on the consideration (sale price) of the property. The rate is tiered based on price — the base rate for most residential transactions is $2 per $500 for the first $150,000, with higher rates for higher price tiers. Senior citizens, blind persons, and disabled persons may qualify for reduced RTF rates. First-time homebuyers may also receive exemptions in certain circumstances.

Study Tips for the New Jersey Real Estate Exam

New Jersey's Consumer Information Statement (CIS) and agency disclosure rules are among the most tested state-specific topics. Know exactly when the CIS must be provided, what it contains, and the different agency relationships available in NJ (seller agency, buyer agency, disclosed dual agency). New Jersey requires written consent for dual agency and specific disclosure language.

The New Jersey Consumer Fraud Act (CFA) has significant implications for real estate — violations can result in treble damages and attorney's fees, which makes it one of the strongest consumer protection statutes in the country. Know what constitutes fraud, misrepresentation, or deceptive practices under the CFA as it applies to real estate transactions. Also study the Realty Transfer Fee calculations as they appear on math questions.

Licensing in a nearby state? See the New York real estate practice exam or the Pennsylvania practice exam. National exam content is covered in our national real estate practice exam and the real estate study guide.

How to Get Your New Jersey Real Estate License

There are four steps to get your New Jersey real estate salesperson license. Most people finish in two to five months.

75 hrsPre-License Hrs
110Exam Questions
70%Passing Score
PSIExam Provider
SalespersonLicense Type

Steps to Get Your New Jersey Real Estate License

StepWhat to Do
1. Pre-License EducationComplete 75 hours at a state-approved school. Topics include principles, contracts, finance, and New Jersey law.
2. Licensing ExamTake the 110-question exam through PSI. It covers national concepts and New Jersey state law. You need 70% to pass.
3. Submit ApplicationSend your results, background check, and fees to the New Jersey Real Estate Commission.
4. Activate with a BrokerAttach your license to a sponsoring broker. You cannot work with clients or earn commissions until you do.

What to Focus On for the New Jersey State Exam

The New Jersey state exam pays close attention to the Consumer Information Statement (CIS) and agency disclosure requirements. Know these rules well. They appear on the exam and come up in daily practice.

Our free New Jersey real estate practice exam covers both national and state content. You can also try the national real estate practice exam or the real estate exam study guide.

Interested in where this license leads? See our guide to real estate careers — including salary ranges, how to break in, and what the career looks like day to day.

Frequently Asked Questions — New Jersey Real Estate Exam

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

The New Jersey real estate salesperson exam contains 110 questions with a 4-hour time limit. The passing score is 70%, meaning you need at least 77 correct answers. The exam is administered by PSI on behalf of the New Jersey Real Estate Commission (NJREC).

What pre-license education is required in New Jersey?

New Jersey requires 75 hours of pre-license education from an NJREC-approved school before sitting for the salesperson exam. The course covers real estate principles, NJ license law, agency, contracts, and finance. You must pass the school's final exam before you can register for the state licensing exam.

What is the Consumer Information Statement in New Jersey?

The Consumer Information Statement (CIS) is an NJREC-required disclosure that explains agency relationships in New Jersey real estate transactions. Licensees must provide it at the first contact with a prospective buyer or seller and obtain a signed acknowledgment. The CIS explains the differences between seller's agent, buyer's agent, and disclosed dual agent relationships.

What is the New Jersey Realty Transfer Fee?

New Jersey's Realty Transfer Fee (RTF) is a state tax paid by the seller based on the sale price of real property. Rates are tiered — for most residential transactions under $350,000, the rate is approximately $2 per $500 of consideration. Higher-priced transactions have higher rates. Exemptions exist for senior citizens, disabled persons, and certain foreclosure and estate transfers. First-time homebuyers purchasing homes under $350,000 may also qualify for partial RTF exemptions.

How long is a New Jersey real estate license valid?

New Jersey real estate salesperson licenses expire every two years on July 1. Renewal requires 12 hours of NJREC-approved continuing education including mandatory courses in ethics and agency. Licenses that lapse require reinstatement, which may include additional education requirements depending on how long the license has been lapsed.

What is the New Jersey Consumer Fraud Act?

New Jersey's Consumer Fraud Act (CFA) is one of the strongest consumer protection statutes in the country. In real estate, it prohibits deceptive acts, misrepresentations, and unconscionable commercial practices. Violations can result in treble (triple) damages plus attorney's fees for the plaintiff. Real estate licensees who engage in fraudulent or deceptive conduct face both CFA liability and NJREC disciplinary action.

Does New Jersey allow dual agency?

Yes, New Jersey permits disclosed dual agency — when one agent or brokerage represents both the buyer and seller in the same transaction. Dual agency requires the written informed consent of both parties and specific disclosure language. In a disclosed dual agency, the agent owes limited duties to both parties and cannot advocate for one party's interests over the other. New Jersey also permits designated agency as an alternative to disclosed dual agency.

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