Business & Finance New Jersey (NJ) Rank #6 of 50

Real Estate Agent Salary in New Jersey

The median real estate agent salary in New Jersey is $63,997 per year, which is 23.0% above the national median of $52,030.

Median Salary
$63,997
vs National
+$11,967
State Rank
#6 of 50
Cost of Living
115%

Real Estate Agent Salary Overview in New Jersey (2026)

New Jersey ranks #6 out of 50 states for real estate agent compensation. This places New Jersey in the top tier nationally, making it one of the best states for real estate agents seeking high pay. At $63,997 per year, real estate agents in New Jersey earn $11,967 more than the national median of $52,030.

It's worth noting that New Jersey's cost of living is 115% of the national average, which reduces the real purchasing power of the $63,997 salary. After adjusting for cost of living, the effective salary is closer to $55,650.

The salary spread in New Jersey is significant: real estate agents at the 10th percentile earn $35,424, while those at the 90th percentile bring home $138,252 — a $102,828 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in New Jersey for this role is Jersey City, where the median reaches $70,761.

Nationally, real estate agent employment is projected to grow 3% over the next decade (as fast as average). This steady growth indicates stable demand for real estate agents across the country.

Real Estate Agent Salary in New Jersey by Experience

In New Jersey, an entry-level real estate agent earns around $36,900, while experienced professionals earn up to $135,300 per year. The cost of living index in New Jersey is 115% of the national average.

Entry Level (0-2 yrs)
$36,900
+$6,900 vs national
Mid Level (3-7 yrs)
$67,650
+$12,650 vs national
Senior Level (8+ yrs)
$135,300
+$25,300 vs national

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Salary Percentiles in New Jersey

Percentile NJ Salary
10th Percentile $35,424
25th Percentile $43,542
Median (50th) $63,997
75th Percentile $93,726
90th Percentile $138,252

Real Estate Agent Salary by City in New Jersey

The largest employment areas for real estate agents in New Jersey include Newark, Jersey City, Paterson, and Elizabeth. Salaries vary by city based on local cost of living and demand.

How to Become a Real Estate Agent in New Jersey

Education

Most real estate agent positions require a high school diploma. New Jersey has several accredited institutions offering relevant programs.

Key Skills

NegotiationMarket AnalysisCustomer ServiceMLS SystemsMarketingContract Knowledge

Job Outlook in New Jersey

Nationally, real estate agent employment is projected to grow 3% over the next decade (as fast as average). New Jersey's demand may vary based on local industry trends.

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Frequently Asked Questions: Real Estate Agent Salary in New Jersey

How much does a Real Estate Agent make in New Jersey? ▼
The median real estate agent salary in New Jersey is $63,997 per year, which is 23.0% above the national median of $52,030. Salaries range from $35,424 (10th percentile) to $138,252 (90th percentile).
How much does a Real Estate Agent make per hour in New Jersey? ▼
Based on the median annual salary of $63,997, a real estate agent in New Jersey earns approximately $31 per hour assuming a standard 2,080-hour work year.
Is New Jersey a good state for real estate agents? ▼
New Jersey ranks #6 out of 50 states for real estate agent pay. The cost of living index is 115% of the national average. Entry-level real estate agents earn $36,900, while senior professionals earn $135,300.
How does New Jersey compare to other states for real estate agent salary? ▼
The highest paying state for real estate agents is Hawaii at $88,451. New Jersey's median of $63,997 ranks #6 nationally. Nearby-ranked states include New York ($69,720) and Alaska ($64,517).
What is the entry-level real estate agent salary in New Jersey? ▼
An entry-level real estate agent in New Jersey earns approximately $36,900 per year. With 3-7 years of experience, pay increases to around $67,650. Senior-level professionals with 8+ years earn up to $135,300.
What city in New Jersey pays real estate agents the most? ▼
Jersey City is the highest paying city in New Jersey for real estate agents, with a median salary of $70,761. Other cities include Newark and Paterson.