← Real Estate

NJ-SP · Syllabus & Exam Outline 2026

New Jersey Real Estate Salesperson

In short

The New Jersey Real Estate Salesperson exam is a 4-hour, 110-question multiple-choice test requiring a 70% passing score (77 correct). Administered by PSI, it covers eleven domains, heavily emphasizing real estate practice, agency principles, and contracts. Free practice questions and a full study plan are below.

Practice deck · one-time $4.99

Unlock 1,000+ New Jersey Real Estate Salesperson active-recall practice cards

Lifetime access to the full deck, with free updates — on web and in the app. Make it yours: add your own sources and edit any card.

  • Lifetime access
  • Free updates
  • Web + mobile app
  • Fully editable
Unlock for $4.99
Questions
110 questions (plus 5 to 10 pretest items)
Time limit
4 hours
Passing score
70% (77 out of 110 questions)
Cost
$38 - $45
Format
Multiple-choice
Delivery
In-person at a PSI testing center or via secure remote online proctoring
Calculator
Only non-programmable calculators that are silent, battery-operated, do not have paper tape printing capabilities, and do not have a keyboard containing the alphabet will be allowed in the examination site.
Prep time
~62 hours
PSI Exams: New Jersey Real Estate Exams

Exam overview

The New Jersey Real Estate Salesperson examination is the official licensing test for individuals seeking to operate as real estate agents in New Jersey. Administered by PSI on behalf of the New Jersey Real Estate Commission, the exam validates that a candidate possesses the necessary knowledge of state laws, ethical standards, and general real estate principles to safely serve the public. The examination spans eleven comprehensive domains, placing the heaviest emphasis on the general practice of real estate, the principles of agency, and contract law. To help you effectively prepare, Only Ever maps every domain to 15-minute study topics. This approach allows you to break down overwhelming subjects into manageable, focused sessions. By integrating our structured outline with consistent practice, you can methodically tackle complex state-specific regulations, mathematical calculations, and foundational property concepts.

Exam domains & weighting

Each domain's share of the exam — study deepest where the weight is highest. Open one for how to study it and its objectives.

How to study this domain

Focus on distinguishing between real and personal property and how titles are legally conveyed. Memorize the major methods of describing land, including metes and bounds, and understand how liens and easements affect property rights.

Key objectives

  • Real and Personal Property Conveyances
  • Legal Property Descriptions
  • Measuring Structures and Land
  • Liens, Easements, and Encumbrances
  • Surface, Subsurface, Air, and Water Rights
  • Basic Types of Ownership and Tenancy
  • Common-Interest, Trusts, and Business Ownership
Study this domain

Readiness self-check

Tick off everything you can confidently explain. Anything left unchecked is your study list — tap “Review” to jump straight into that domain.

Readiness

0 / 12

Property Ownership

Review

Land Use Controls

Review

Valuation and Market Analysis

Review

Financing

Review

Contracts

Review

General Principles of Agency

Review

Property Disclosures

Review

Leasing and Property Management

Review

Transfer of Title

Review

Practice of Real Estate

Review

Real Estate Calculations

Review

Quick reference

Essential Real Estate Acronyms

Common federal and state regulations specifically referenced in the exam syllabus.

RESPA
Real Estate Settlement Procedures Act
TILA
Truth in Lending Act
TRID
TILA-RESPA Integrated Disclosure
ECOA
Equal Credit Opportunity Act
LAD
Law Against Discrimination (New Jersey's state fair housing expansion)
CMA
Comparative Market Analysis

Core Formula Concepts

Fundamental calculations required for the Real Estate Calculations section of the exam.

Capitalization Rate

Cap Rate = Net Operating Income / Current Market Value

Loan-to-Value (LTV) Ratio

LTV = Loan Amount / Appraised Value (or Purchase Price, whichever is lower)

Commission Calculation

Commission = Sales Price x Commission Rate

Frequently asked questions

Good to know

  • Candidates must fully complete the required 75 hours of prelicensure education before attempting to schedule an examination with PSI.
  • The exam includes 5 to 10 'experimental' questions that are unscored; time spent on these items will not deduct from your 4-hour testing window.
  • Candidates must bring two forms of identification to the testing center: a primary ID containing a photo and a secondary ID with a signature.
  • An unofficial pass/fail score report is generated and printed directly at the examination center immediately following test completion.
  • Successful candidates must submit their licensing materials, including their passing score report and fingerprinting confirmation, within exactly one year from the eligibility expiration date noted on the score report.

Reading isn’t remembering.

New Jersey prep blends national concepts with the NJ Real Estate License Act, the Consumer Information Statement agency-disclosure regime, and New Jersey trust-account, advertising, and disclosure rules, and most materials muddle the two.

Only Ever teaches the shared national core once, then layers the New Jersey state law — the License Act and Commission rules, the Consumer Information Statement and agency relationships, escrow/trust accounts, advertising and recordkeeping, New Jersey disclosures and consumer protection, the Law Against Discrimination, and landlord-tenant rules — as focused 15-minute topics.