EstatePass
State Comparison

New Jersey vs New York

Compare real estate exam requirements, costs, and career potential between New Jersey and New York

NJ Salary
$65K
NY Salary
$72K
NJ Pass Rate
48%
NY Pass Rate
63%

NJ vs NY At a Glance

CategoryNew Jersey (NJ)New York (NY)
Exam Questions15075
Passing Score70%70%
Exam Fee$55$15
Pass Rate48%63%
Avg Salary$65,000$72,000
Renewal PeriodEvery 4 yearsEvery 2 years
CE Hours45 hours22 hours

Detailed Comparison

Exam Format
NJ
NY
Salesperson Questions
150
75
Time Limit
195 min
90 min
Passing Score
70%
70%
Costs & Fees
NJ
NY
Exam Fee
$55
$15
Career Potential
NJ
NY
Average Salary
$65,000
$72,000
Pass Rate
48%
63%
License Renewal
NJ
NY
Renewal Period
4 years
2 years
CE Hours Required
45 hours
22 hours

Licensing Authorities

NJ
New Jersey Real Estate Commission
NJREC
NY
New York Department of State
DOS

Frequently Asked Questions

Which is easier: New Jersey or New York real estate exam?

The New Jersey exam has 150 questions with a 70% passing score, while New York has 75 questions with a 70% passing score. New York typically has a higher pass rate.

Can I transfer my real estate license from New Jersey to New York?

License reciprocity varies. Some states offer partial reciprocity where you may only need to take the state-specific portion of the exam. Check with both the NJREC and DOS for current reciprocity agreements.

Which state pays more for real estate agents: New Jersey or New York?

New Jersey real estate agents earn an average of $65,000 annually, while New York agents average $72,000. However, consider cost of living and market conditions in your decision.

How much does it cost to get a real estate license in New Jersey vs New York?

The exam fee in New Jersey is $55, while New York charges $15. Total licensing costs including pre-license education, application fees, and background checks typically range from $400-$1,000 in both states.

What are the CE requirements for New Jersey vs New York?

New Jersey requires 45 hours of continuing education every 4 years, while New York requires 22 hours every 2 years. Both states require completion of CE before license renewal.

Can I hold a real estate license in both New Jersey and New York?

Yes, you can hold licenses in multiple states. You would need to meet each state's individual requirements, including education, exams, and fees. Some agents who work in border areas maintain licenses in both states to serve more clients.

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