Conquer Your New Jersey
Real Estate Exam
Your Tailored Roadmap to State Licensing Success
Master the New Jersey license exam with 5,000+ practice questions. Detailed explanations, practical exam tips and War Room topic hubs give you a clear roadmap to a passing score.
Key Topics on the New Jersey Exam
Attorney Review
Who can end the contract during the three business days, and how.
Brokerage Relationships and the CIS
The relationship types and the consumer information statement.
Trust Accounts
How client money is held and when it must be deposited.
Real Estate Guaranty Fund
The steps a consumer takes to recover after a licensee's misappropriation.
Law Against Discrimination
Discrimination that New Jersey prohibits in housing.
Realty Transfer Fee
The fee paid when New Jersey property is transferred.
How You Study with PracExam
Questions by Topic
Understand why an answer is correct, and why the others aren't, with a detailed explanation.
War Room Topic Hubs
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Exam Tips
Every question comes with a tip on what to look for on the real test.
Mock Exams
Finish with mock exams in the New Jersey exam format.
New Jersey Real Estate Exam at a Glance
- License agency
- New Jersey Real Estate Commission
- Exam vendor
- PSI
- Education
- 75 hours
- Calculator
- Handheld calculators prohibited
Sources: PSI New Jersey bulletin, updated Feb. 1, 2026. Check the official information before you apply.
Sample New Jersey Question
A broker-prepared standard contract for a two-family home is signed and delivered by both parties. On the next business day, the seller receives a higher offer from another buyer and wants to end the first contract. During attorney review, what is the BEST way for the seller to terminate the first contract?
- AWritten disapproval by the seller’s attorney
- BWritten cancellation sent by the listing agent
- CAcceptance of the other buyer’s higher offer
- DAn oral withdrawal by the seller
Show answer and explanation
The correct answer is A. A standard residential sales contract prepared by a New Jersey broker is subject to an attorney-review provision and, generally in transactions involving one- to four-family homes, does not become immediately final even after both parties sign and the contract is delivered. If either party's attorney disapproves the contract in writing within 3 business days, the contract may terminate before becoming binding. The seller cannot simply disregard the contract because the seller received a higher offer, but choice A, which provides for the seller to have an attorney deliver a lawful written disapproval during the review period, is a possible procedure. Choice B is incorrect because the listing agent cannot make a disapproval under the attorney-review provision on the seller's behalf. Choice C is incorrect because accepting a subsequent offer while disregarding the existing contract may create a risk of a contract dispute, and the oral withdrawal in choice D is incorrect because it does not satisfy the required written disapproval by an attorney.
Exam tip
For New Jersey attorney review questions, ask who ends the contract, how, and when. A party's attorney must deliver written disapproval within 3 business days, counted in business days, not calendar days. An oral withdrawal or a text from the seller or broker, or accepting another offer, does not replace a written disapproval. An offer received during attorney review is not a backup offer.
Five Steps to Your New Jersey License
- 175-Hour EducationComplete an approved course and qualify for the exam.
- 2PracExam Practice and Mock ExamsWork by topic and close your weak spots with detailed explanations.
- 3Book with PSIReserve your seat and pay the $38 fee.
- 4Pass the 110-Question ExamAnswer at least 70%, or 77 questions, correctly.
- 5Apply for Your LicenseComplete fingerprints and submit your broker-signed score report with the $160 fee within your one-year eligibility period.
New Jersey Real Estate Exam FAQ
How many questions are on the New Jersey real estate exam?
The salesperson exam has 110 questions in 4 hours, and you pass with 70%, or 77 correct. Another 5 to 10 unscored questions may be added, and they count against your time.
How much is the New Jersey real estate exam?
PSI lists the exam fee as $38. The $160 license application fee is separate.
When can I retake the New Jersey exam?
PSI explains that a candidate who fails on a Wednesday can call on Thursday and may retest as soon as Friday, depending on space.
How do I prepare for the New Jersey exam with PracExam?
Work through New Jersey and national questions by topic, with a detailed explanation and exam tip on every question. Use the War Room topic pages to review the rules, then practice with mock exams.
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