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Updated: Aug 05, 2026

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Real Estate New-Jersey-Real-Estate-Salesperson Exam Overview:

Certification Vendor:New Jersey Real Estate Commission
Exam Name:New Jersey Real Estate Salesperson Licensing Examination
Exam Number:NJ Real Estate Salesperson Exam
Real Exam Qty:110 (80 national + 30 state)
Certificate Validity Period:License renewal required every 2 years
Exam Format:Multiple Choice, Computer-based testing
Available Languages:English
Exam Price:$38–$45 USD (exam fee, varies by testing provider)
Related Certifications:New Jersey Real Estate Broker License
Exam Duration:240 minutes
Passing Score:70%
Recommended Training:PSI Candidate Information Bulletin (NJ Real Estate Exam)
New Jersey Realtors Education Programs
Exam Registration:PSI Exams Registration Portal (New Jersey Real Estate)
New Jersey Real Estate Licensing Information
Sample Questions:Real Estate New-Jersey-Real-Estate-Salesperson Sample Questions
Exam Way:Computer-based exam administered at PSI testing centers
Pre Condition:Completion of a 75-hour pre-licensing course approved by the New Jersey Real Estate Commission
Official Syllabus URL:https://www.nj.gov/dobi/division_rec/licensing/realestate.htm

Real Estate New-Jersey-Real-Estate-Salesperson Exam Syllabus Topics:

SectionObjectives
Contracts
Land Use Controls and Regulations
Ethics and Professional Responsibility
Financing and Settlement
Real Estate Practice and Disclosures
Agency Relationships and Brokerage
Property Ownership
New Jersey Real Estate Law and Regulations
Valuation and Market Analysis

Real Estate New Jersey Real Estate Salesperson Sample Questions:

1. A small broker committee in the local county has set up a new marketing idea. They will give every seller the same commission rate and it will not be negotiable. This will allow the consumers to know exactly what it will cost to list a property. This marketing plan is an example of:

A) market allocation
B) apostille
C) consumer protection
D) price-fixing


2. Broker P is the sole proprietor of XYZ Realty. P employs five salespersons, all of whom have been practicing real estate for at least two years. Under the license law, if P should die, which of the following actions can be taken?

A) A salesperson holding a real estate license for at least three years can apply for a temporary broker's license in order to continue the firm's activity.
B) The Real Estate Commission can direct an experienced broker with another firm to conclude all pending business.
C) All sales contracts can be declared null and void and all salespersons will lose their licenses until establishing employment with another broker.
D) The most experienced salesperson can act as broker for a maximum of six months until a permanent replacement broker is licensed.


3. A tenant has an option to purchase leased property. The price that the tenant will pay for the property is determined by the:

A) tenant, when the option is exercised.
B) agreement, when the option is exercised.
C) property's market value at the time of exercising the option.
D) terms specified in the option.


4. A seller is offering his property for sale in as-is condition. A buyer enters into a contract with the seller and has the home inspected. The inspection reveals a latent defect known to, but not disclosed by, the seller. The buyer:

A) must go through with the purchase because the house is being sold as is.
B) can force the seller to correct the defect.
C) can void the contract due to the seller's failure to disclose the latent defect.
D) can reduce the contract sales price by the cost of correcting the defect.


5. A subordination agreement is used to:

A) change the priority of mortgages.
B) initiate foreclosure proceedings.
C) pledge property for a loan without giving up possession.
D) assign rents to the lender in case of borrower default.


Solutions:

Question # 1
Answer: D
Question # 2
Answer: A
Question # 3
Answer: D
Question # 4
Answer: C
Question # 5
Answer: A

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