Business & Finance Newark, NJ Pop. 311,549

Real Estate Agent Salary in Newark, New Jersey

The median real estate agent salary in Newark, NJ is $62,436 per year, which is 20.0% above the national median and 2.4% below the New Jersey state average.

City Median
$62,436
vs State Avg
$-1,561
vs National
+$10,406
Cost of Living
112%

Real Estate Agent Salary in Newark by Experience

In Newark, an entry-level real estate agent earns around $36,000, while experienced professionals earn up to $132,000 per year. The local cost of living index is 112% of the national average.

Entry Level (0-2 yrs)
$36,000
+$6,000 vs national
Mid Level (3-7 yrs)
$66,000
+$11,000 vs national
Senior Level (8+ yrs)
$132,000
+$22,000 vs national

Salary Percentiles in Newark, NJ

Percentile Newark
10th Percentile $34,560
25th Percentile $42,480
Median (50th) $62,436
75th Percentile $91,440
90th Percentile $134,880

Real Estate Agent Salary in Other New Jersey Cities

Jersey City, NJ
$70,761
Pop. 292,449
Edison, NJ
$63,997
Pop. 107,588
Elizabeth, NJ
$60,355
Pop. 137,298
Paterson, NJ
$58,794
Pop. 159,732

How to Become a Real Estate Agent in Newark

Education

Most real estate agent positions require a high school diploma. Newark and the surrounding New Jersey area have institutions offering relevant programs.

Key Skills

NegotiationMarket AnalysisCustomer ServiceMLS SystemsMarketingContract Knowledge

Job Outlook

Nationally, real estate agent employment is projected to grow 3% over the next decade (as fast as average). Demand in Newark may vary based on local industry and population growth.

Find Real Estate Agent Jobs in Newark

Browse open real estate agent positions in Newark, NJ:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Real Estate Agent Salary in Newark

How much does a Real Estate Agent make in Newark, NJ? ▼
The median real estate agent salary in Newark, New Jersey is $62,436 per year, which is 20.0% above the national median of $52,030. Salaries range from $34,560 (10th percentile) to $134,880 (90th percentile).
How much does a Real Estate Agent make per hour in Newark? ▼
Based on the median annual salary of $62,436, a real estate agent in Newark earns approximately $30 per hour assuming a standard 2,080-hour work year.
How does Newark compare to the New Jersey state average for real estate agent pay? ▼
Newark's median real estate agent salary of $62,436 is 2.4% below the New Jersey state average of $63,997. The local cost of living index is 112% of the national average.
What is the cost of living in Newark, NJ? ▼
Newark has a cost of living index of 112% compared to the national average. This means a real estate agent salary of $62,436 in Newark has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a real estate agent in Newark? ▼
Most real estate agent positions in Newark require a high school diploma. Key skills include Negotiation, Market Analysis, Customer Service, MLS Systems. The job market is projected to grow 3% nationally over the next decade.