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Updated: Aug 20, 2026
No. of Questions: 122 Questions & Answers with Testing Engine
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| Certification Vendor: | New Jersey Real Estate Commission |
| Exam Name: | New Jersey Real Estate Salesperson Licensing Examination |
| Exam Number: | NJ Real Estate Salesperson Exam |
| Exam Duration: | 240 minutes |
| Passing Score: | 70% |
| Exam Price: | $38–$45 USD (exam fee, varies by testing provider) |
| Exam Format: | Multiple Choice, Computer-based testing |
| Certificate Validity Period: | License renewal required every 2 years |
| Related Certifications: | New Jersey Real Estate Broker License |
| Real Exam Qty: | 110 (80 national + 30 state) |
| Available Languages: | English |
| Recommended Training: | New Jersey Realtors Education Programs PSI Candidate Information Bulletin (NJ Real Estate Exam) |
| 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 |
| Section | Objectives |
|---|---|
| Ethics and Professional Responsibility | |
| Contracts | |
| Valuation and Market Analysis | |
| Real Estate Practice and Disclosures | |
| New Jersey Real Estate Law and Regulations | |
| Agency Relationships and Brokerage | |
| Land Use Controls and Regulations | |
| Property Ownership | |
| Financing and Settlement |
1. A property that contains a 2,500-square-foot house has a land value of $45,000. The house suffers from
$7,000 of physical depreciation and $2,500 of functional obsolescence. If the replacement cost of the house is
$75 per square foot, what is the value of the property?
A) $232,500
B) $223,000
C) $187,500
D) $178,000
2. In advertisements of individual salespersons, which of the following is permitted?
A) Linking a personal real estate webpage to the salesperson's broker's website.
B) Including reference to a home office.
C) Placing the real estate office sign on a personal residence.
D) Having the broker's name appear in smaller print than the salesperson's name in a newspaper ad.
3. A broker who charges or collects an advance fee in excess of $25 for services to be rendered MUST:
A) retain the difference between the amount of money collected and the amount spent
B) furnish within ninety days of its collection an accounting of how the money was used
C) deduct the amount collected from the commission or settlement
D) give the principal receipts for all expenditures
4. Evergreen bushes and apple trees on a property that were planted by the current owner are examples of:
A) personal property
B) chattels
C) trade fixtures
D) real estate
5. An intoxicated buyer made an offer on a house. The owners accepted the offer. This contract is
A) illegal.
B) voidable.
C) void.
D) unilateral.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: B |
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