Pass Your New Jersey Real Estate Exam the First Time

The 3-Day Attorney Review clock is a major trap. Students often miss when the "cooling off" period legally begins.

Questions

110

80 NAT / 30 STATE

To Pass

70%

~77 / 110 TO PASS

Time Limit

4 Hrs

240 TOTAL MINUTES

Provider

PSI

REC

Pass your New Jersey Salesperson, Broker or Referral Agent License

New Jersey gives both buyer and seller a 3 business day attorney review period after contract execution, and a signed contract is not binding until that window closes.

Candidates from non attorney review states arrive assuming a signed contract is immediately enforceable. New Jersey’s exam tests that assumption directly, and every candidate who prepared with a national platform and never learned the attorney review rule fails that section. AI question banks built on national content generate questions that reflect the majority rule. New Jersey follows a different rule.

The License Professor is written by licensed New Jersey professionals who know the PSI state portion’s content. Every question on attorney review procedures, New Jersey protected classes, and disclosure requirements is drawn from New Jersey law.

New Jersey Sample Exams

Experience the real study interface — no account required.

Salesperson

Individuals new to real estate who want to start their career helping clients buy and sell property

Broker

Experienced professionals who want to operate independently or run their own brokerage

Referral Agent

Individuals new to real estate who want to start their career helping clients buy and sell property

Three Topics that Trip Up New Jersey Students Most

3-Day Attorney Review

Both buyer and seller get a 3-business-day attorney review period after a fully executed contract is delivered, during which either attorney can disapprove for virtually any reason — students from states without attorney review cannot grasp that a signed contract is not binding until this window closes.

Read the full breakdown →

NJ Fair Housing Act

New Jersey’s Law Against Discrimination adds protected classes beyond federal law including sexual orientation, gender identity, marital/domestic partnership status, and source of lawful income — the exam specifically tests these state-level additions.

Sales Full Disclosure Act

The Planned Real Estate Development Full Disclosure Act requires developers to register an offering plan with DCA before selling a single unit — students confuse this with standard seller disclosures.

The New Jersey Real Estate License Professor includes specialized deep dives for each of these.

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New Jersey Real Estate Practice Questions

Sample questions from the New Jersey real estate exam — with answers and explanations.

1. A New Jersey salesperson is preparing a net sheet for Walter Szymanski, who is selling his one-family home in Westfield, Union County (Class 2 residential), to Amara Abernathy for $1,450,000.00. The contract was signed in March 2026 and the deed will be recorded in May 2026. The regular realty transfer fee on that price is $15,020.00. For Class 2 property with consideration over $1,000,000.00 but not over $2,000,000.00, the graduated percent fee is 1% of the entire consideration. No exemption or reduced rate applies, and the contract does not reallocate either fee. What total of these two fees does New Jersey law make the seller responsible for?

  1. A.$29,520.00
  2. B.$19,520.00
  3. C.$15,020.00
  4. D.$14,500.00
Explanation: The grantor pays the realty transfer fee under N.J.S.A. 46:15-7, and since P.L.2025, c.69 amended N.J.S.A. 46:15-7.2 (effective July 10, 2025, and the rule as of 2026) the grantor also pays the graduated percent fee, here 1% of the entire $1,450,000 consideration, or $14,500, so the seller owes $15,020 plus $14,500, or $29,520. Charging the 1% only on the $450,000 above $1,000,000, for $19,520, tempts because the regular fee really is figured bracket by bracket per $500, but the graduated percent fee applies its rate to the whole price once the threshold is crossed. Older study materials make a second trap, since before July 10, 2025 the 1% fee over $1,000,000 fell on the buyer and the seller paid only the regular fee. In practice the seller's side submits Form RTF-1EE with the deed and the county clerk collects both fees at recording, so they appear as seller charges on the settlement statement.

2. A New Jersey salesperson represents both buyer and seller in one transaction. After providing the Consumer Information Statement at the first meeting, what additional step must the salesperson take to establish valid dual agency consent?

  1. A.Have both parties sign an acknowledgment that they received the Consumer Information Statement
  2. B.Obtain verbal consent from both parties confirming they understand the dual agency relationship
  3. C.Disclose all material conflicts, advise of attorney consultation rights, and obtain informed written consent
  4. D.Nothing further is required since the Consumer Information Statement was already provided
Explanation: N.J.A.C. 11:5-6.9(a)4 defines informed consent to dual agency as written authorization given only after the firm discloses the material conflicts and advises the party of the other business relationships available and of the right to consult an attorney, and 11:5-6.9(b) requires each party's signature on a separate writing. A signed acknowledgment of the Consumer Information Statement tempts because it is a signature on paper, but it only proves receipt, and subsection (b) says consent is not acquired through that statement alone. In practice, get the separate consent signed before your firm starts acting for both sides, not at the contract table.

3. A New Jersey disciplinary panel is weighing four separate claims against a broker. Which claim would NOT, by itself, support revoking or suspending the license?

  1. A.The broker demonstrated negligence or incompetence in a real estate transaction.
  2. B.The broker failed to supervise a salesperson under their employ.
  3. C.Two witnesses privately told a third party they believe the broker is mentally unwell.
  4. D.A court has convicted the broker of fraud connected to a real estate deal.
Explanation: N.J.S.A. 45:15-17 lets the Real Estate Commission suspend or revoke for conduct showing incompetency under subsection (e) and for any rule violation under subsection (t), and section 45:15-19.1 requires revocation after a conviction for fraud tied to real estate activity, but private secondhand opinions about a broker's health prove no violation at all. Failure to supervise tempts as the answer because the misconduct was the salesperson's, yet the Commission's supervision rule, 11:5-4.2(a), makes supervising licensees the broker's own duty. In practice, the Commission regularly disciplines brokers for failing to supervise, usually by consent order.
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More on New Jersey Licensing

Deeper reading on the topics that matter most for New Jersey candidates.

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New Jersey Real Estate Exam Structure: What to Expect

New Jersey's Salesperson exam combines 80 national questions and 30 New Jersey-specific questions — 110 scored questions total — in 4 hours.

Question breakdown

National portion: 80 questions

Standard national content — contracts and agency are the largest categories.

State portion: 30 questions

  • Duties and Powers of the Real Estate Commission
  • Licensing Requirements
  • Statutes and Rules Governing Licensee Activities
  • New Jersey Real Estate Sales Full Disclosure Act
  • New Jersey Law Against Discrimination
  • Real Estate Guaranty Fund
  • New Jersey Real Estate Time Share Act
  • The Attorney Review period
  • The Realty Transfer Fee

Passing score

70% correct — 77 of 110 questions.

Cost structure

  • Prelicensure education (75 hours): varies by school
  • Exam: $38
  • License fee (upon passing): $160 ($100 license + $50 application + $10 Guaranty Fund)
  • Fingerprint process: separate fee, paid through the Sagem-Morpho process

Retake rules

$38 per retake. You can't schedule the same day you failed, but you can typically test again as soon as the next business day.

If you're taking the Broker exam

The New Jersey Broker exam has a bigger state portion than the Salesperson exam above and requires 36 months of active Salesperson experience. This platform's specific Broker-tier question count, time limit, and passing threshold have not yet been confirmed against a current PSI candidate bulletin — check with the New Jersey Real Estate Commission or PSI directly for the current figures before planning your study time.

Topics Covered on the New Jersey Real Estate Exam

National Exam Topics (80 questions)

  1. Real Property Characteristics, Legal Descriptions, and Property Use
  2. Forms of Ownership, Transfer, and Recording of Title
  3. Property Value and Appraisal
  4. Real Estate Contracts and Agency — typically the largest national category
  5. Real Estate Practice
  6. Property Disclosures and Environmental Issues
  7. Financing and Settlement
  8. Real Estate Math Calculations

New Jersey State Exam Topics (30 questions)

  1. Duties and Powers of the Real Estate Commission
  2. Licensing Requirements
  3. Statutes and Rules Governing Licensee Activities
  4. New Jersey Real Estate Sales Full Disclosure Act — planned real estate development disclosure
  5. New Jersey Law Against Discrimination (LAD) — broader protected classes than federal law
  6. Real Estate Guaranty Fund
  7. New Jersey Real Estate Time Share Act
  8. The Attorney Review period — New Jersey's signature contract practice
  9. The Realty Transfer Fee — sliding-scale property transfer tax

Why this list matters

The Attorney Review period and the Realty Transfer Fee are the two most frequently tested distinctive New Jersey concepts — neither has a real equivalent in generic national prep, so dedicated study time pays off directly.

What this list doesn't tell you

New Jersey's Law Against Discrimination protects a broader set of classes than federal Fair Housing law — don't assume the federal list is the complete answer on a New Jersey-specific question.

New Jersey Exam FAQ

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