New Jersey Real Estate License Guide

Quick Facts

New Jersey Real Estate Governing Body:

New Jersey Real Estate Commission (REC)

PreLicensing Requirements:

75 Hours

СЕ Requirements:

12 Hours

Read more below

How to Get a New Jersey Real Estate License

To get your real estate license, take a 75-hour pre-licensing course and pass the New Jersey real estate licensing exam. The pre-licensing course has to be taken at a school approved and licensed by the New Jersey Real Estate Commission. AgentAdvice.com users have reviewed the top real estate schools for your comparison – available here on this page.

The class covers the following topics: 

  • Ethics and Ethical Conduct
  • New Jersey Laws and Regulations
  • Deeds and Leases
  • Taxes, Mortgages, and Appraisals

After taking the pre-licensing course, you need to apply to take the licensing exam. Once you’ve passed the exam, you will be asked to complete a fingerprinting scan and pass a background check to be able to get your real estate license. 

Compare New Jersey Real Estate Schools

We’ve listed the best schools in New Jersey based on reader’s reviews here. Looking for our editor’s picks? See the best real estate schools in New Jersey.

SchoolReviewsEditor's ScorePricing
The Real Estate School
  • full star
  • full star
  • full star
  • full star
  • full star

based on 7 reviews

B $$$
Kaplan Real Estate Education
  • full star
  • full star
  • full star
  • full star
  • full star

based on 29 reviews

A- $$$
McKissock Learning
  • full star
  • full star
  • full star
  • half star
  • full star

based on 5 reviews

B $$$

Best Online Real Estate Schools in New Jersey

Becoming a real estate agent in New Jersey requires the following several steps:

  • Complete a 75-hour pre-licensing course
  • Pass the licensing exam
  • Submit to an electronic fingerprint check
  • Activate your New Jersey Real Estate Salesperson license 

The first step, the pre-licensing course, is the most important step you should carefully consider. There are hundreds of real estate schools, and picking the right one often determines how easy and how quickly you will be able to obtain your license. 

Due to the popular demand, we analyzed the real estate schools in New Jersey and picked the best ones. Keep reading to find out more about it. 

Here are the top five online real estate schools in the Garden State:

Kaplanstudying-woman

Kaplan is one of the most diverse and versatile education providers in the USA, providing professional courses for multiple industries. Throughout its 80 years of history, Kaplan has helped over a million students in colleges, universities, and businesses get the education they need. 

Kaplan real estate, also sometimes referred to as Kapre, is the real estate education provider in New Jersey. Students can get their pre-licensing education, post-licensing education, and continuing education courses through Kaplan’s state-approved courses. 

Course Content

Course packages

Kaplan’s students in New Jersey can get their pre-licensing courses through their National PSI Real Estate Drill and Practice QBank course. It’s the only package currently available through Kaplan, which contains the Performance Tracker, QBank, answer explanations, and the option to simulate the final exam.  

The Performance Tracker shows the students which areas they’ve mastered and which areas they need to focus on. QBank is a collection of questions and answers that students can use to practice for the exam and prepare better for it. 

Individual CoursesKaplan Quick Quiz Screenshot 3

Kaplan doesn’t have individual courses offered in New Jersey. 

Exam Prep

The exam prep offered by Kaplan is contained in the only course package they have, but not as a separate course. 

Ratings & Reviews 

Agent Advice has a dedicated page where previous students can leave reviews for the real estate school they attended. On this page, Kaplan currently holds a 4.45-star rating based on dozens of reviews. Most of the students gave Kaplan 4 or 5 stars, with a few of them considering they have some areas where they can improve on. Here is one of the reviews left in July 2020:

“I really love Kaplan’s live classes – the instructors are so funny, and they keep me interested in all the material. They are all experienced, which makes me feel like I’m learning from people who know what they are talking about. I will take the test soon, and I am feeling good.”

Studying at coffee shopWhat are the best parts?

Kaplan is mostly praised for the educated and fun instructors that facilitate the whole learning process for students. Students enjoyed taking the course with an instructor that is knowledgeable and kept them interested in the subject. 

Another great aspect of Kaplan is the ability to study at your own pace. The courses are fully online, giving you the option to pick the time and place that best fits your schedule. 

What are the worst parts?

While Kaplan’s online delivery method gives students the flexibility to study whenever and wherever they want, it can also be a major flaw for many. Many students prefer taking the course in a live classroom or in person, so this may be an issue for some. 

Return policy/cancellation policy

Kaplan has a detailed explanation about the process for each refund a student may want. You can find the explanations about refunds, cancellations, price adjustments or reductions, and transfers on their website. 

Pros: 

  • Great instructors
  • Interactive and useful exam preparation materials
  • Flexibility 

Cons:

  • Only one delivery method available
  • No tutoring assistance 

McKissock Learning – Real Estate Express Studying for real estate exam

McKissock is part of a larger group of brands called Colibri but was founded by a father-son duo, both sharing the last name, “McKissock.” It provides educational services in several industries, including Engineering, Home inspection, Land Surveyor, Appraisal, and Banking. The school started providing pre-licensing real estate education through Real Estate Express in 2003 and currently serves over 300,000 students per year.

The state approves all courses offered by McKissock in New Jersey, and the school is accredited by ARELLO and IDECC, both of which are renowned accreditation agencies in the US. 

Course Content

Course packages

In New Jersey, Real Estate Express has two different pre-licensing course packages taught through live stream sessions that are scheduled several months upfront. The courses are comprehensive and contain everything typically provided in other states by Real Estate Express: the mandatory 75 hours of pre-licensing education, state-approved instructor support, two real estate books, access to Real Estate Express’ exam prep, real estate dictionary, access to the Weekly Express newsletter, and a printed course textbook for those that prefer studying through written materials. 

Purchasing a Real Estate Express pre-licensing course also grants you access to additional preparation tools such as the 90-day boot camp where students repeat what they’ve learned throughout the course to prepare better for the exam, live Instructor Q&A webinars where you can get answers to the questions you need, as well as a 1-year professional development membership through McKissock to advance your career after passing the exam. 

Individual Courses

The pre-licensing courses aren’t offered individually through Real Estate Expres, but only through a course package. 

Exam Prep

Real Estate Express’ Exam Prep package is a comprehensive course designed to prepare students to take the New Jersey licensing exam through several study aids, namely the following:

  • Ten practice exams
  • Two national and three state final exam examples
  • Option to create custom exams 
  • Digital flashcards and decks
  • Pass or Don’t Pay Guarantee 

Ratings & Reviews 

On Agent Advice, McKissock has a slightly lower rating than most other real estate schools. It currently holds a decent star rating based on several reviews, which is not many but still leaves some room for doubt. Here is what one of the students had to say about McKissocks’s real estate courses:

“The staff was extraordinary, and they always went the extra mile for their users. I thought the program was good, but it was a little dry. I think they should add videos to make it more interesting because reading throughout the curriculum was the worst. They also need to try to shorten the length of the information because there is way too much content, and users forget it by the end of reading everything.”

Two students studyingWhat are the best parts?

Real Estate Express gives its students the option to pick between four different course packages, which means everyone can choose a course package that fits their needs and budget. 

Another significant upside of studying with Real Estate Express is getting access to courses taught by professionals who work or have worked in the real estate sphere. They know the local market and regulations and teach it through the most understandable method.

What are the worst parts?

The study materials provided by Real Estate Express were slightly bigger than what most students expected or could process in the six months during which the courses are available. Another issue for students was that the study methods were a bit outdated and less interactive, so Real Estate Express can work on improving them a bit. 

Return policy/cancellation policy

Aside from the Pass or Don’t Pay Guarantee that comes with purchasing some of the courses, Real Estate Express also has a refund policy. Students have a one week period to request a refund if they aren’t satisfied with what they received. This period is extended to one month if the student hasn’t started the course. 

Pros: 

  • Four different course packages to choose from
  • Professional tutors
  • Additional study materials provided

Cons:

  • Some repetitive course materials
  • Short course access time 
  • Higher course prices

The Real Estate SchoolMentor helping woman study

The Real Estate School has been in the education sphere for over 40 years and currently provides pre-licensing courses in New Jersey and Pennsylvania. It was founded in 1976, with the current owner Don Haven being a teacher in it before acquiring it in 1990. 

Currently, The Real Estate School teaches over 25 real estate licensing courses every year, all taught by knowledgeable experts with experience from the industry. The Real Estate School is partnered with Camden County College, which means students that completed the course will also get college credits.

Course Content

Course packages

The Real Estate School is not traditionally an online real estate school. However, due to the situation in 2020, they’ve started offering live classroom classes at a daytime and evening program. There is currently only one type of course taught by several instructors through interactive and researched-backed methods. During the lessons, attorney guest speakers share their experience about the legal aspect of real estate and share challenging information with them. 

Aside from pre-licensing course assistance, students of The Real Estate School will get help with finding different ways they can be involved in real estate and what they can choose as their career. After finishing the course, students will also have a professional network of over 60 people.

Individual Courses

There are currently no individual courses available through The Real Estate School

Exam Prep

The Real Estate doesn’t have a separate exam prep course package you can purchase.

Ratings & Reviews 

Currently, The Real Estate School has reviews on the Agent Advice dedicated page for reviews from previous users. The reviews are sourced from Google and result in a clean, high rating. This is one of those reviews:

“This is a great school! I had to study really hard, but with the help of Kelby, Michelle and Renee, I did it. Thank you for always being willing to answer all of my questions (no matter how silly), giving me all those study tips that help, extra questions, vocab tricks (BorrowOR!!), and everything else you guys did to help me. Top-notch school you have here!”

What are the best parts?

Studying with The Real Estate School means studying with instructors experienced in the New Jersey real estate market and know what it means to become an agent. They have over 40 years of experience and provide students constant backup and support throughout the whole course duration.

What are the worst parts?

On the downside, The Real Estate School has only one type of course package at the moment, which means there is no variety of course packages students can pick. 

Return policy/cancellation policy

The $100 sales pre-licensing course deposit given to The Real Estate School is not refundable, nor the tuition one week prior to starting the course. If you request a refund of the tuition 

Pros: 

  • Specialized in providing New Jersey real estate education
  • Affordable course prices
  • Experienced and dedicated instructors

Cons:

  • No refund policy
  • Only one type of course package offered
  • No exam prep

Studying for real estate examAlliance School of Real Estate

Alliance School of Real Estate is a private and accredited real estate school founded by Bill Ferriouolo. Their teaching style leans away from lecturing and towards facilitating, with the goal to “bring the reality of the business to the classroom in an effort to help the student understand instead of memorizing.”

The real estate courses provided by Alliance School of Real Estate are held through live interactive Zoom classes. 

Course Content

Course packages

Alliance School of Real Estate has only one package for those that want to become a salesperson in New Jersey. The package contains the state-required 75 hours of pre-licensing education plus a math course to help students master the mathematical questions of the exam. 

The course topics end with a short quiz so students can get an assessment of how much they’ve mastered the subject. 

Individual Courses

There are no individual courses offered through Alliance School of Real Estate.

Exam Prep

Alliance School of Real Estate doesn’t have a separate exam prep course for students. 

Ratings & Reviews 

Alliance School of Real Estate currently doesn’t have any reviews on Agent Advice. However, reviews on other pages range between 3.5 stars and 5 stars, with the positive reviews dominating over the negative ones. 

What are the best parts?Woman studying for test

The most common praise about Alliance School of Real Estate is about their teachers. Students considered them to be very knowledgeable and engaging, making the curriculum understandable and straightforward for students through real-life examples. 

What are the worst parts?

The downside of studying with Alliance School of Real Estate is that there is only one type of course package offered, and it’s offered at a higher cost than the one usually charged by other real estate schools. 

Return policy/cancellation policy

There is currently information about a refund policy on Alliance School of Real Estate’s website. 

Pros: 

  • Math course included in the package
  • Experienced and knowledgeable instructors
  • Interactive study methods 

Cons:

  • Only one type of course package offered in New Jersey
  • High course prices
  • Lack of information on the website

Person studying and learning - Knowledge concept

Final Thoughts

If you prepare well during this pre-licensing course, the exam shouldn’t be as difficult as it may seem at first. To increase your chances of passing the exam on your first try, pick a school that is accredited and approved by the New Jersey Real Estate Commission. The titles and certifications they’ve received are proof of the reliability and quality, so make sure to check the background of the education provider you will go with. 

New Jersey Real Estate Licensing FAQs

New Jersey’s pre-licensing course lasts for 75 hours, unlike some other states where it can last for more than 180 hours before being eligible to take the exam. If you prepare well during this pre-licensing course, the exam shouldn’t be as difficult as it may seem at first. To increase your chances of passing the exam on your first try, you can take a prep course.

How much a real estate agent earns from their job depends on their experience. According to the Bureau of Labor Statistics, the mean income for real estate agents in New Jersey is $66,800 per year. 

A top agent in NJ can make over $133,250 (90% percentile). Unsurprisingly, the top area for earning power for NJ real estate agents is the New York, Newark, and Jersey City MSA where the annual median wage for a real estate agent can get as high as $196,910 (90% percentile). 

The initial license fee for a salesperson in New Jersey costs $160, while the renewal fee is $100. To complete the required background check and the fingerprint scan, you would need to pay a fee of $70.25.  

You’ll need to also enroll in a pre-licensing course – prices vary. You can compare pricing for the approved courses here on Agent Advice.

The exact time required to complete the pre-licensing course, pass the exam, and obtain a real estate license depends on each individual. Keep in mind that the course lasts for 75 hours and has to be taken at a licensed school without the option of taking it online. After passing the exam, you should find a sponsoring broker and apply for your license through them.

A college degree is not a requirement to obtain a real estate license in New Jersey. However, at a minimum, you have to have a high school diploma or GED. The fees are higher when applying for a broker’s license

You need two valid forms of ID, one of which has to be government-issued. Acceptable forms of ID for the real estate examination in New Jersey are a driver’s license or DMV identification card, a government-issued passport (including your country of birth), or a US military-issued identification card.

It depends on the New Jersey Real Estate Commission. Convictions of some minor offenses in the past 5 years may allow you to qualify for a real estate salesperson license. However, if the conviction is for a major crime, you may be disqualified completely, regardless of when the offense and conviction happened. 

To determine if you can qualify for a real estate license, the Commission may require you to submit a copy of the judgment of conviction, a letter from a probation officer, and other evidence of rehabilitation.

If your application is denied, you have a right to a hearing in front of the Commission where you can present your case and convince them why you should qualify for a real estate license. 

If you fail the real estate licensing exam in New Jersey, you can schedule another one after 24 hours have passed. If you fail one part of the exam (national or state-specific), some states allow you to retake only the one you’ve failed only, but this is not the case in New Jersey. If you fail even one portion of the exam, you would have to retake the whole exam.

The real estate exam in New Jersey consists of 110 multiple-choice questions, 80 from national real estate topics, and 30 state-specific questions. To pass the exam, you need to answer 70% of the questions correctly, or 56 from the national portion and 21 from the state-specific portion. You have 4 hours to answer all questions. 

With that in mind, the topics covered in the real estate exam are:

  • Property Ownership
  • Land use controls and regulations
  • Valuation and market analysis
  • Financing
  • General principles of agency
  • Property condition and disclosures
  • Contracts
  • Transfer of title
  • Real estate calculations
  • Practice of real estate
  • Specialty areas
    • Duties and Powers of the Real Estate Commission
    • Licensing Requirements
    • Statutes and Rules Governing Licensee Activities
    • Additional Requirements

The exam consists of 110 questions (80 from national real estate topics, and 30 state-specific questions). You have 4 hours to complete the exam and you need to answer 77 questions right to pass it. 

Around 63% of students pass the salesperson’s real estate licensing exam on their first try. This goes to show that many underestimate the time and preparation needed to pass the exam. But don’t let this number intimidate you. Make sure that you pay attention to the pre-licensing course and prepare well before taking the exam, and passing the real estate exam on your first try will be a breeze. 

That being said, students who take a prep course have higher chances of passing than those who haven’t taken it, so consider taking one as well if you want to feel more confident going into the exam.

New Jersey doesn’t have any reciprocity with other states. This means that if you obtained a real estate license in another state, you cannot use it to practice any real estate business in New Jersey. 

The New Jersey Real Estate Commission issues the real estate license for two years. You can keep it active by staying current with your continuing education, which you need to complete by June 30th in the expiry year. To renew your license, you should do the following: 

  • Provide proof of completed 12 hours of continuing education
  • Answer the qualifying questions online (has to be done personally by the applicant)
  • Pay a $200 renewal fee

If you miss the original renewal period of your real estate license, you can reinstate it within two years after the expiration date. Otherwise, you would be required to provide additional documentation and pay a higher fee of $250. 

Most brokers are “qualified” to sponsor you. The trick is finding a sponsoring broker in New Jersey that is fit for you and will guide you through your first years as a real estate agent.

That’s why you need a good broker. Someone that has worked in the industry for years and has a good reputation in training agents. 

Don’t feel intimidated by the whole process. Think of it as you doing the interview instead of the other way around. Your career depends on it, so you must find a sponsoring broker that knows New Jersey’s real estate in and out and is willing to transfer that knowledge to you.

There are portions of the exam you’ll need to take that are more broad national questions, as well as testing your state-specific knowledge of New Jersey real estate. The idea is to ensure that each real estate agent has knowledge of basic real estate principles that are valid everywhere in the US, but also knowledge of the specific state where the agent will be conducting work.

No. You have to have a real estate license in the state of New Jersey to act as either an agent or broker in the real estate industry.

Being licensed as an employing broker in New Jersey indicates that you can choose to work independently or for a full-scale brokerage firm. Employing brokers typically don’t tend to be salaried. Instead, each successful close will result in a commission-based fee—sometimes more than thirty percent of closing costs. If you don’t have your license yet, you should be focusing on becoming a sales agent first.

There are three types of real estate licenses in New Jersey:

A Salesperson’s License for which you’re requirements are:

  • Be at least 18 years of age
  • Have a high school diploma or GED education 
  • Complete a 75-hour pre-licensing course. 
  • Pass the real estate license exam
  • Find a sponsoring real estate broker

A Broker’s license for which the requirements are: 

  • Be at least 18 years of age
  • Have a high school diploma or GED education 
  • Complete e 150-hour pre-licensure education (90-hour general real estate course and two 30-hour courses on Agency/Ethics and Office Management and related topics)
  • Have been continually licensed and working as a real estate salesperson in New Jersey for at least three years

A Broker-Salesperson’s License

A broker-salesperson has the qualifications of a real estate broker, but is currently operating under and working for a licensed real estate broker. They are basically working the job of a real estate salesperson with the qualifications of a real estate broker, thus the name.  The requirements to be a broker-salesperson are the same as those for a real estate broker. 

Yes. You can’t even become a broker before working as a real estate salesperson. One of the requirements to become a broker is to have three years of experience as a real estate salesperson. Moreover, brokers are required to complete 150 hours of pre-licensing education; double the hours agents are required to complete.