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.
Real Estate Agent Pay in Newark: What to Expect (2026)
Newark offers a median real estate agent salary of $62,436, which is $1,561 below the New Jersey state average of $63,997. Compared to the national median of $52,030, Newark pays above average for this role.
However, Newark's cost of living index is 112%, significantly above the national average. After adjusting for local costs, the $62,436 salary has an effective purchasing power of approximately $55,746. Housing, transportation, and food costs in Newark should be factored into any relocation or job-change decision.
The salary range for real estate agents in Newark spans from $34,560 at the 10th percentile to $134,880 at the 90th percentile — a $100,320 spread. Entry-level professionals start around $36,000, while senior real estate agents with 8+ years of experience can earn up to $132,000. With a population of 311,549, Newark is a mid-sized metro with a growing job market.
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.
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
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
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: