Article Summary: This article will help anyone looking for information pertaining to a real estate license in the state of New Jersey or anyone looking to become a real estate agent or realtor in New Jersey. Contents of this article may include information on real estate education, schools, training courses, continuing education, tests and exams, laws, license requirements, renewal information, forms and more..

The New Jersey Department of Banking and Insurance (DOBI) oversees the New Jersey Real Estate Commission. The Commission, whose office is in Trenton, New Jersey, was created in 1921 to administer and enforce the real estate licensing law within the state. New Jersey has approximately 83,850 real estate salespersons and 7,900 real estate brokers.

The requirements for a real estate salesperson license in New Jersey include being at least 18 years of age and having a high school diploma or GED.Salesperson applicants need to successfully complete at least 75 hours of approved real estate courses, and at least three of these hours need to be about ethics and ethical conduct. All salesperson applicants need to successfully pass the real estate exams before applying for their license.

The requirements for a real estate broker license in New Jersey include being at least 18 years of age and having a high school diploma or GED. Applicants for the broker license need to complete 150 hours of approved real estate courses. This consists of 90 hours of general education, and then two 30-hour courses on Agency/Ethics and Office Management and related topics. The Commission considers a waiver of some of the education courses under certain circumstances. Broker applicants need to have been employed as a New Jersey real estate salesperson for the three years immediately preceding their application, and all applicants are required to successfully pass the real estate broker examination before being issued a license.

The license applications for all real estate agents require full disclosure of any crimes, misdemeanors, criminal accusations, child support problems, and whether the applicant has ever had a real state license revoked, suspended or denied in any state. Applicants need to provide proof that they are either U.S. citizens or an alien lawfully admitted for permanent residence. Applicants must apply for their examination and license within one year of completion of their education courses. New Jersey does not have reciprocity agreements with any other states.

The approved prelicensure and continuing education real estate schools for salespersons, and the approved schools for brokers, are listed online. The schools are located throughout the state for easy access.

New Jersey real estate licenses are issued for a two year period that ends on June 30th,.As of March 1, 2010, fees are as follows: The initial license fee for a salesperson is $160.The initial license fee for a broker is $270.Renewal fees are $100 and $200 respectively.

All Candidates for New Jersey Real Estate Licenses will be required to complete the fingerprinting process as a condition of securing a real estate license.Background checks are also required, and the fee for the background check is $70.25.

Some real estate applications and forms are available online, and others need to be obtained from the Commission office.

Real estate careers are strengthened by membership in the many organizations that provide services for the professional agent. Organizations like the New Jersey Association of Realtors   and the National Association of Real Estate Brokers (NAREB) assist many in locating real estate jobs within the industry. The Association of Real Estate License Law Officials (ARELLO) and The National Association of Realtors (NAR), the world's largest professional association, are excellent resources for real estate education and professional enrichment.

New Jersey Real Estate Forms

New Jersey Reciprocity States

  • Most real estate forms can be obtained online. Ones listed below pertain to new salespersons and brokers.

(as of 2/23/2010)

New Jersey Approved Real Estate Schools Prelicensing and Postlicensing Education

Community Colleges

Atlantic Cape Community College
Bergen Community College
Cumberland County College
Gloucester County College
Mercer County Community College
Ocean County College
Raritan Valley Community College
Private Schools

ABS School of Real Estate (Newark)
Academy for Real Estate Careers (Lanoka)
Central Jersey Real Estate Institute (Belle Mead)
Garden State Real Estate Academy (Medford)
Meadowlands School of Real Estate (Secaucus)
Ocean School of Real Estate, Inc (Brick)
Premier Real Estate School (Wenonah)
Last Update:  3/1/2010
This list may not include all approved schools. Please visit the website of the New Jersey Real Estate Commission for the latest list of approved real estate schools.