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 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

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

Major Cities for Real Estate Agents in New Jersey

The largest employment areas for real estate agents in New Jersey include Newark, Jersey City, Paterson, and Elizabeth. Salaries in major metro areas may be higher due to increased demand and cost of living.

Newark, NJ
Metro area for real estate agent employment
Jersey City, NJ
Metro area for real estate agent employment
Paterson, NJ
Metro area for real estate agent employment
Elizabeth, NJ
Metro area for real estate agent employment
Edison, NJ
Metro area for real estate agent employment

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.