New Jersey Real Estate Commission Calculator
State average: 4.8% commission · Median home: $416,667 · 3 cities tracked · Updated 2026
Calculate Your New Jersey Commission
Total Commission
$20,000
Listing Agent Gets
$7,000
Buyer's Agent Gets
$7,000
Seller's Net
$396,667
Real Estate Commission Rates in New Jersey (2026)
The average total real estate commission in New Jersey is 4.8%, which is below the national average of 5.0–5.4%. On the median New Jersey home price of $416,667, total agent fees come to $20,000.
Following the August 2024 NAR settlement, buyer's agent compensation is no longer required to be offered through the MLS in New Jersey. Sellers have more flexibility than ever to negotiate commission rates — especially on higher-priced homes where listing-side fees of 1–2% are increasingly common.
How Commission Works in New Jersey
- Total commission: typically 4.8% of sale price = $20,000 on median home
- Listing agent side: ~$10,000 (2.4% of sale)
- Buyer's agent side: ~$10,000 (negotiable since Aug 2024)
- Agent's take-home: ~70% after broker split = ~$7,000 per side
- Seller nets: approximately $396,667 before closing costs
Commission by Price Range in New Jersey
- Under $200,000: 5.5–6% total (agents need minimum earnings to justify the work)
- $200,000–$500,000: 5–5.5% total (near the New Jersey average of 4.8%)
- $500,000–$1,000,000: 4.5–5% total (negotiating room opens up)
- Over $1,000,000: 3–4% total (high-dollar listings often command a lower percentage)
Tips for Negotiating Commission in New Jersey
- Get multiple listing presentations — commission rates in New Jersey vary 0.5–1% between agents
- Offer a competitive buyer's concession — to attract buyers, 2–2.5% buyer side works well in New Jersey
- Use a flat-fee MLS service — pay $300–600 for MLS access, then offer buyer agent 2.4%
- Bundle buy and sell — agents may discount if you're buying and selling simultaneously
- List in spring — New Jersey markets peak March–June, giving sellers more negotiating leverage
Commission Rates by City in New Jersey
| City | Median Price | Avg Rate | Total Fees | Calculator |
|---|---|---|---|---|
| Newark | $440,000 | 4.8% | $21,120 | Calculate → |
| Paterson | $390,000 | 4.8% | $18,720 | Calculate → |
| Elizabeth | $420,000 | 4.8% | $20,160 | Calculate → |
Showing top 3 cities. View all cities →
Frequently Asked Questions
What is the average real estate commission in New Jersey?
The average total real estate commission in New Jersey is approximately 4.8%, which is below the national average of 5.0–5.4%. On the median New Jersey home price of $416,667, total agent fees equal $20,000.
How is real estate commission split in New Jersey?
In New Jersey, the total 4.8% commission is typically split 50/50 between listing and buyer's agents. Each agent then splits with their broker — commonly 70/30. That means each agent earns approximately $7,000 on a $416,667 sale.
Can I negotiate real estate commission in New Jersey?
Yes. Since the August 2024 NAR settlement, buyer's agent compensation is fully negotiable in New Jersey. Sellers are no longer required to offer buyer concessions through the MLS, making commission negotiation more accessible than ever.
How much does a seller net after commission in New Jersey?
On the median New Jersey home of $416,667 with a 4.8% commission, the seller nets approximately $396,667 before closing costs. Add another 1–3% for closing costs depending on the transaction.