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Everything you need to choose a real estate broker training program in New Jersey: state requirements, licensing costs, expected timelines, and salary data.
Median Salary
$92,890
in New Jersey
Licensing Fees
$420
gov't fees only
Timeline
3.3 years – 3.6 years
to licensed
Job Outlook
+2.1%
Low DemandState Broker Licensing Exam — National pass rate: 53%
Look for programs with exam preparation included to maximize your chances of passing on the first attempt.
Start your Real Estate Broker career in New Jersey
Compare approved training programs and find one that fits your schedule and budget. New Jersey real estate brokers earn a median salary of $92,890.
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New Jersey Median
$92,890
National Median
$72,280
New Jersey pays 29% above the national median.
Source: BLS OEWS, May 2024
Government licensing fees in New Jersey typically range from $420. This includes application fees, exam fees, and initial licensing fees. Education and training program costs are additional.
The total time from starting education to receiving your license is typically 3.3 years – 3.6 years in New Jersey, including education, exam preparation, and application processing.
The median annual salary for a real estate broker in New Jersey is $92,890, compared to the national median of $72,280 (BLS OEWS, May 2024).
New Jersey requires the State Broker Licensing Exam with a national pass rate of 53%. Approved education programs will prepare you for this exam.
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Salary data from BLS Occupational Employment and Wage Statistics (OEWS), May 2024. Licensing costs derived from official New Jersey licensing board data. Timelines include education, examination, and application processing. Individual program costs and durations may vary. Always verify requirements with the state licensing authority.