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New Jersey vs New York for Broker Licensing

Total Fees
$406.05
NJ
vs
$200
NY
Pre-Licensing
150 hrs
NJ
vs
152 hrs
NY
Timeline
12-24 wks
NJ
vs
8-16 wks
NY

Side-by-Side Comparison

Category New Jersey New York
Total Fees $406.05 $200 ✓
Pre-Licensing Hours 150 hrs ✓ 152 hrs
Processing Time 12-24 weeks 8-16 weeks ✓
Renewal Cycle 2 years 2 years
Renewal Fee $200 $185 ✓
CE Hours 12 hrs ✓ 22.5 hrs
Reciprocity None None

Key Differences

→

Cost

New York is $206.05 cheaper for total licensing fees.

Winner: New York

→

Education Hours

New Jersey requires only 150 pre-licensing hours.

Winner: New Jersey

→

Processing Speed

New York processes applications in 8-16 weeks.

Winner: New York

Category Winners

Lower Cost
New York $200
vs New Jersey ($406.05)
Fewer Hours
New Jersey 150 hrs
vs New York (152 hrs)
Faster Processing
New York 8-16 wks
vs New Jersey (12-24 wks)

New Jersey

New Jersey Real Estate Commission

Official Website →

New York

New York Department of State - Division of Licensing Services

Official Website →

Compare More States

Compare New Jersey Broker License

Compare New York Broker License