Real Estate New-Jersey-Real-Estate-Salesperson : New Jersey Real Estate Salesperson Exam

New-Jersey-Real-Estate-Salesperson exam collection

Exam Code: New-Jersey-Real-Estate-Salesperson

Exam Name: New Jersey Real Estate Salesperson Exam

Updated: Sep 04, 2025

Q & A: 122 Questions and Answers

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Real Estate New Jersey Real Estate Salesperson Sample Questions:

1. Which of the following statements would most likely be considered mere "puffing"?

A) This area is expected to increase in value by 25% within the next year.
B) Children from this neighborhood have the highest SAT scores.
C) The utility costs in this home are lower than in any other home in the neighborhood.
D) This lot has the most beautiful view of the lake.


2. Are electronic signatures enforceable on a real estate contract?

A) No, because they must be signed and witnessed.
B) Yes, because they are legal in real estate transactions.
C) Yes, because they are allowed by the federal government.
D) No, because they are only allowed on deeds.


3. A contract is delivered to the listing broker by a cooperating broker. The listing broker makes an appointment with the owner to present the offer at 7 p.m. of that day. Before 7 p.m., two more offers arrive on the same property. Which offer should be presented to the owner at the 7 p.m. appointment?

A) the offer most favorable to the seller, including price and all terms
B) the first offer received
C) all three of the offers
D) the offer with the highest sale price


4. After announcing that a new city park will soon be developed, homes in the immediate area experience a rise in value. This is an example of which of the following principles of value?

A) highest and best use
B) change
C) anticipation
D) contribution


5. A property that contains a 2,500-square-foot house has a land value of $45,000. The house suffers from
$7,000 of physical depreciation and $2,500 of functional obsolescence. If the replacement cost of the house is
$75 per square foot, what is the value of the property?

A) $232,500
B) $187,500
C) $223,000
D) $178,000


Solutions:

Question # 1
Answer: D
Question # 2
Answer: B
Question # 3
Answer: C
Question # 4
Answer: C
Question # 5
Answer: C

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