Average Real Estate Agent Salary in New Jersey
Sales · Updated 2024 · Based on BLS and industry data
Salary Overview
The average Real Estate Agent in New Jersey earns $66,100 per year, which is above the national average of $62,190. This translates to approximately $31.78 per hour, $2,542 biweekly, or $5,508 per month before taxes.
The cost of living in New Jersey is 21% above the national average, which explains the higher salary levels needed to maintain purchasing power.
Salary Range
| Percentile | Annual Salary | Hourly Rate |
|---|---|---|
| Entry Level (25th) | $49,600 | $23.85 |
| Average (50th) | $66,100 | $31.78 |
| Experienced (75th) | $76,000 | $36.55 |
| Top Earners (90th) | $85,900 | $41.30 |
Real Estate Agent Salary by City in New Jersey
| City | Average Salary | Monthly |
|---|---|---|
| Newark | $71,400 | $5,950/mo |
| Jersey City | $67,400 | $5,617/mo |
| Trenton | $64,800 | $5,400/mo |
| Edison | $62,800 | $5,233/mo |
| Princeton | $61,500 | $5,125/mo |
Career Quick Facts
| Detail | Information |
|---|---|
| Job Category | Sales |
| Typical Education | High school + license |
| Job Growth (2022-2032) | 3% (nationwide) |
| State Income Tax | 1.4%-10.75% (7 brackets) |
| State Minimum Wage | $15.13/hr |
| Cost of Living Index | 1.21 (+21% vs national avg) |
Top Employers in New Jersey
Major employers hiring Real Estate Agents in New Jersey include Johnson & Johnson, Prudential, Merck, Campbell Soup, and BD (Becton Dickinson). These companies and organizations offer competitive salaries and benefits packages for sales professionals.
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