Free New Jersey Real Estate Broker Practice Exam Online

Correct answer: D. Three years of continuous, full-time licensure and employment as a real estate salesperson under a sponsoring broker

N.J.A.C. 11:5-3.8 requires applicants to have been continuously licensed and employed on a full-time basis as a real estate salesperson for the three years immediately preceding the broker application.

• A: Part-time work does not satisfy the full-time employment standard the Commission applies when reviewing broker eligibility, regardless of how many brokers the applicant worked under.
• B: A college degree does not substitute for the required three years of full-time licensed salesperson experience under New Jersey rules.
• C: Exam performance has no bearing on the separate experience prerequisite; both the experience requirement and the exam must independently be satisfied.

Correct answer: C. 150 hours across the required broker pre-licensure courses

New Jersey requires broker candidates to complete 150 hours of broker pre-licensure education spread across the Commission-approved broker courses before sitting for the exam.

• A: Seventy-five hours corresponds roughly to New Jersey's salesperson pre-licensure requirement, not the broker-level requirement, and is not sufficient on its own.
• B: New Jersey does not mandate a 300-hour supervised internship as part of broker pre-licensure education.
• D: Coursework is required in addition to the three-year experience requirement; experience alone does not waive the education component.

Correct answer: C. 70%

New Jersey requires a score of 70% or higher on the combined national and state portions of the broker examination to pass.

• A: Sixty percent is below the passing threshold New Jersey sets for the broker exam.
• B: Sixty-five percent is also below the required passing score for the broker examination.
• D: Eighty-five percent exceeds the actual passing threshold the Commission requires; setting the bar this high would misstate the rule.

Correct answer: D. Working as a licensed salesperson roughly 40 hours per week during customary business hours, with any additional outside job limited to a lesser, part-time schedule

The Commission's full-time standard contemplates roughly a 40-hour work week performed under a sponsoring broker during ordinary business hours, with any secondary employment capped at a reduced, part-time level.

• A: Ten hours per week falls far short of the full-time threshold and would not qualify as continuous full-time employment regardless of duration.
• B: An inactive license does not satisfy the requirement because the applicant must be actively licensed and actually employed as a salesperson, not merely holding a license in reserve.
• C: Unlicensed activity cannot count toward the licensed-salesperson experience requirement, since the statute requires the time to have been served while actually licensed.

Correct answer: C. Honesty, trustworthiness, and integrity

The Commission requires applicants to demonstrate they are persons of honesty, trustworthiness, and integrity as part of the character review for licensure.

• A: Association membership is a private trade-organization matter, not a statutory licensing prerequisite the Commission evaluates.
• B: New Jersey licensing law does not impose a net-worth test on individual broker applicants.
• D: Prior brokerage ownership is not a prerequisite; the license itself authorizes the person to open or manage a brokerage going forward.