The Average New Jersey Real Estate Commission

Bailey Peterson

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Bailey Peterson

December 7th, 2022
Updated December 7th, 2022

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How commission works | Save on commission | New Jersey housing market | Best low commission companies | Methodology

📊 The data:

We surveyed local agents and found that the average real estate commission in New Jersey is 5.13%, which is less than the national average of 5.37%.

To sell a house in New Jersey worth $471,719 — the median home value in New Jersey — you’ll pay about $24,199 in realtor fees.

Realtor commission is usually the largest cost you'll face when selling your home — but you don't have to pay the full 5.13%.

Clever Real Estate pre-negotiates low commission fees with top local realtors from the best regional and national brokerages, like Keller Williams and Century 21. You get the same full service for a fraction of the typical price, saving you thousands at closing.

» SAVE: Try Clever, list with a top local agent for thousands less!

How real estate agent commission works

Average listing commission
2.63%
Average buyer's agent commission
2.50%
Total average commission
5.13%

There are usually two real estate agents involved in a home sale:

  • The seller's agent (also called the listing agent), who represents the home seller
  • The buyer's agent, who represents the person buying the home

Based on our research, the average commission rate for listing agents is 2.63% of the final home price and 2.50% for buyer's agents, for a total of 5.13%.

» LEARN: How do real estate commissions work?

Who pays realtor fees in New Jersey?

In New Jersey, home sellers pay real estate commission fees out of the final sale proceeds for both agents involved in a deal. Offering to pay for the buyer's agent's commission is an incentive for agents to show your home to their clients.

If you'd like to save on commissions, Clever can connect you with a top listing agent in your area. You'll pay just 1.5% instead of the typical market rate, keeping more money in your pocket at the end of your sale.

💰 Compare low commission agents and save thousands

Try our free, no-obligation agent matching service! Clever will get you proposals from the top agents in your area. Compare options, choose the best fit, save thousands with a pre-negotiated 1.5% listing fee.

How to save on realtor fees in New Jersey

Commission rates are not set in stone. In fact, we found that while 5.13% is the average in New Jersey, rates typically fall between 4.36% and 5.89%. You can save money by negotiating a lower rate with your listing agent or by working with brokerage that has a discounted commission model.

Listing commission range
2.24%– 3.01%
Buyer's agent commission
2.12%– 2.88%
Total commission range
4.36%– 5.89%

STOP AT

Tips for negotiating realtor commission in New Jersey

Low commission real estate companies in New Jersey

Negotiating a lower rate with a professional negotiator can be hard! In many cases, home sellers can save just as much (or more!) by selling with a low commission real estate company.

These are some of the top discount and flat-fee MLS services in New Jersey.

The top discount real estate companies in New Jersey

Discount real estate companies typically offer full-service support for a reduced commission percentage or flat rate. How they create those discounts will depend on the company's model, with some creating more risks and trade-offs than others.

Clever Real Estate

Clever Real Estate

Learn More

💲 Listing Fee

1.5% (min. $3,000 fee)

💰 Avg. Savings

$5,625

⭐ Avg. Customer Rating

4.9/5 (1,995 reviews)

✍️ Editor's Take
Pros
Cons
Reviews
Locations

Clever is a quick, easy, and free way to find a top-rated local agent. And, unlike many similar companies, Clever pre-negotiates big discounts on your behalf, so you can save thousands without sacrificing on service.


Try Clever for free — save thousands on commission

  • Clever offers a free, nationwide agent-matching service that partners with full-service local agents from conventional brokerages like Keller Williams, Century 21, and RE/MAX.
  • You get multiple agent matches so you can interview, compare marketing plans, and choose the best fit.
  • Clever pre-negotiates low rates on your behalf — you get full service for a 1.5% listing fee
  • If you buy with Clever, you can qualify for cash back after closing!
  • You may not get matched with an agent from your preferred real estate brokerage.
  • Agents may not provide premium services like drone photography and professional home staging.

Clever has a 4.9 out of 5 rating on Trustpilot, based on 1,844 reviews.


Read reviews from real Clever customers here.

Clever has pre-negotiated low commission rates with top agents in all 50 states and Washington, DC.

SHOW MORE

💲 Listing Fee

1.5% (min. fees vary)

💰 Avg. Savings

$5,541

⭐ Avg. Customer Rating

3.7/5 (301 reviews)

✍️ Editor's Take
Pros
Cons
Reviews
Locations

Redfin offers real savings and is a proven brand. But sellers could compromise on service — especially agent experience and availability.


Read the full Redfin review.

  • If you buy and sell with Redfin, you'll get a 0.5% listing fee refund.
  • Redfin gives its listings premium placement in its popular home search app.
  • If finding the right agent is a top priority, you'll have limited options Redfin only has a few agents in each of its markets.
  • Redfin agents handle more customers at once than the average realtor, so they may not be able to provide as much personalized service.

Redfin has a 3.7 out of 5 rating (301 reviews) across popular review sites like Google and Yelp.


Read reviews from real Redfin customers here.

Redfin is available in 80+ U.S. markets (see all locations).

SHOW MORE

💲 Listing Fee

$5,000

💰 Avg. Savings

$7,000

⭐ Avg. Customer Rating

4.8/5 (1,400 reviews)

✍️ Editor's Take
Pros
Cons
Reviews
Locations

Houwzer offers true flat-fee savings — but homes near or below $500,000 can likely find better rates and less risk elsewhere.


Read the full Houwzer review.

  • Huge commission savings on luxury homes
  • Listing fee includes virtual home tours and other premium marketing services
  • Houwzer has a small team, which limits your options if you don't hit it off with the first agent they send you
  • If you're selling a lower-priced home, Houwzer may not be cheaper than selling with a traditional realtor

Houwzer has a 4.8 out of 5 rating (1,400 reviews) across popular review sites like Google and Zillow.


Read reviews from real Houwzer customers here.

Houwzer is available in the following locations: FL, MD, NJ, PA, VA, DC.

SHOW MORE
REX Real Estate

REX Real Estate

Full Review

💲 Listing Fee

2.5% ($9,000 min.)

💰 Avg. Savings

-$325

⭐ Avg. Customer Rating

4.7/5 (1,041 reviews)

✍️ Editor's Take
Pros
Cons
Reviews
Locations

REX’s promise of huge savings is misleading. Its advertising misrepresents the significant risks of its pricing model and marketing approach. And its high minimum fees mean that many sellers won't save anything.


Read the full REX Real Estate review.

  • REX's approach is incredibly risky — but if the gamble pays off, you could save about 50% on realtor fees
  • Like other full-service brokerages, REX agents provide in-person services and support
  • REX's 2.5% listing fee doesn't save you much — many full-price agents charge similar rates
  • REX doesn't list your home on the MLS, so up to 90% of buyers may not even know it's for sale
  • This risky marketing strategy seems likely to fail, so you may not save anything on commission

REX has a 4.7 out of 5 rating (1,041 reviews) across popular review sites like Google and Zillow.


Read reviews from real REX customers here.

REX is available in the following areas: AZ, CA, CO, FL, GA, MD, NV, NJ, OR, PA, TX, WA, DC.

SHOW MORE

The top flat fee MLS listing services in New Jersey

Flat fee MLS services list your home on your local MLS for a low fee, often around $250–$600. The trade-off is that you'll have to handle almost the entire home-selling process yourself.

New Jersey Real Estate Boutique

New Jersey Real Estate Boutique

New Jersey Real Estate Boutique

Best For

Inexperienced sellers who want a little extra guidance from the listing broker

Price Range

$395-995

Pros & Cons

Pros:

  • The basic listing includes a for sale sign with a 1-888-number that forwards calls directly to your phone number. Many flat fee MLS companies charge extra for signs and automatic call forwarding.
  • You can post as many open houses as you want on the MLS without paying extra.
  • You can add a la carte options like professional photography and home staging if you don't want to upgrade to the agent-assisted flat fee MLS plan ($995).

Cons:

  • The money-back guarantee becomes void once your listing goes live on the MLS (usually within 48 hours after you turn in your listing forms).
SHOW MORE
Realmart Realty

Realmart Realty

Realmart Realty

Best For

Sellers looking for a lot of a-la-carte options

Price Range

$395

Pros & Cons

Pros:

  • You can choose from a lot of different a la carte options, like lockboxes, professional photography, and yard sign upgrades.
  • If you decide to go with a full-service broker, you can get a full refund when you sign with someone Realmart referred you to.

Cons:

  • You'll have to pay extra if you want to change any photos after your listing is live on the MLS.
SHOW MORE

Tips for negotiating realtor commission in New Jersey

Whether you’re selling a renovated home in Newark, a chic condo in Jersey City, or a sprawling family home in Montclair, you should always try to negotiate a lower commission rate — it could save you thousands!

Negotiating a lower realtor percentage in New Jersey depends on two main factors: your situation and the housing market.

Factor
You may have an easier time negotiating low rates if...
Your situation
  • You're selling a high-value home
  • You have a personal relationship with a realtor
  • You can offer a realtor repeat business
The New Jersey housing market
  • Homes are selling quickly
  • There are relatively few homes listed for sale
  • Home values are rising

While your personal situation will obviously vary, New Jersey real estate market conditions will affect all home sellers in your area.

In general, in a seller's market — where home sellers have more leverage than buyers — a listing agent's job is easier and they may be more willing to lower their commission rates. The opposite is usually true in a buyer's market.

» LEARN: Find our top tips for negotiating lower commission fees

To judge the current state of your real estate market, look at these three factors:

  • Months of inventory
  • Sale to list price
  • Home value trends

If every factor points to New Jersey being a seller's market, then you may be in a good position to negotiate a lower commission rate with your agent. If market conditions are mixed or favor buyers, it may be more challenging to persuade your realtor to accept a cheaper fee.

The current state of the New Jersey real estate market

Factor
Trends
Indication
Months of inventory
There's 1.4 months of housing inventory on the market
Seller's market
Sale-to-list ratio
Homes are selling for 104.73% of their listing price
Seller's market
Home values
Home values have risen 34.35% year over year
Seller's market

Low commission real estate companies in New Jersey

Negotiating a lower rate with a professional negotiator can be hard! In many cases, home sellers can save just as much (or more!) by selling with a low commission real estate company.

These are some of the top discount and flat-fee MLS services in New Jersey.

The top discount real estate companies in New Jersey

Discount real estate companies typically offer full-service support for a reduced commission percentage or flat rate. How they create those discounts will depend on the company's model, with some creating more risks and trade-offs than others.

Clever Real Estate

Clever Real Estate

Learn More

💲 Listing Fee

1.5% (min. $3,000 fee)

💰 Avg. Savings

$5,625

⭐ Avg. Customer Rating

4.9/5 (1,995 reviews)

✍️ Editor's Take
Pros
Cons
Reviews
Locations

Clever is a quick, easy, and free way to find a top-rated local agent. And, unlike many similar companies, Clever pre-negotiates big discounts on your behalf, so you can save thousands without sacrificing on service.


Try Clever for free — save thousands on commission

  • Clever offers a free, nationwide agent-matching service that partners with full-service local agents from conventional brokerages like Keller Williams, Century 21, and RE/MAX.
  • You get multiple agent matches so you can interview, compare marketing plans, and choose the best fit.
  • Clever pre-negotiates low rates on your behalf — you get full service for a 1.5% listing fee
  • If you buy with Clever, you can qualify for cash back after closing!
  • You may not get matched with an agent from your preferred real estate brokerage.
  • Agents may not provide premium services like drone photography and professional home staging.

Clever has a 4.9 out of 5 rating on Trustpilot, based on 1,844 reviews.


Read reviews from real Clever customers here.

Clever has pre-negotiated low commission rates with top agents in all 50 states and Washington, DC.

SHOW MORE

💲 Listing Fee

1.5% (min. fees vary)

💰 Avg. Savings

$5,541

⭐ Avg. Customer Rating

3.7/5 (301 reviews)

✍️ Editor's Take
Pros
Cons
Reviews
Locations

Redfin offers real savings and is a proven brand. But sellers could compromise on service — especially agent experience and availability.


Read the full Redfin review.

  • If you buy and sell with Redfin, you'll get a 0.5% listing fee refund.
  • Redfin gives its listings premium placement in its popular home search app.
  • If finding the right agent is a top priority, you'll have limited options Redfin only has a few agents in each of its markets.
  • Redfin agents handle more customers at once than the average realtor, so they may not be able to provide as much personalized service.

Redfin has a 3.7 out of 5 rating (301 reviews) across popular review sites like Google and Yelp.


Read reviews from real Redfin customers here.

Redfin is available in 80+ U.S. markets (see all locations).

SHOW MORE

💲 Listing Fee

$5,000

💰 Avg. Savings

$7,000

⭐ Avg. Customer Rating

4.8/5 (1,400 reviews)

✍️ Editor's Take
Pros
Cons
Reviews
Locations

Houwzer offers true flat-fee savings — but homes near or below $500,000 can likely find better rates and less risk elsewhere.


Read the full Houwzer review.

  • Huge commission savings on luxury homes
  • Listing fee includes virtual home tours and other premium marketing services
  • Houwzer has a small team, which limits your options if you don't hit it off with the first agent they send you
  • If you're selling a lower-priced home, Houwzer may not be cheaper than selling with a traditional realtor

Houwzer has a 4.8 out of 5 rating (1,400 reviews) across popular review sites like Google and Zillow.


Read reviews from real Houwzer customers here.

Houwzer is available in the following locations: FL, MD, NJ, PA, VA, DC.

SHOW MORE
REX Real Estate

REX Real Estate

Full Review

💲 Listing Fee

2.5% ($9,000 min.)

💰 Avg. Savings

-$325

⭐ Avg. Customer Rating

4.7/5 (1,041 reviews)

✍️ Editor's Take
Pros
Cons
Reviews
Locations

REX’s promise of huge savings is misleading. Its advertising misrepresents the significant risks of its pricing model and marketing approach. And its high minimum fees mean that many sellers won't save anything.


Read the full REX Real Estate review.

  • REX's approach is incredibly risky — but if the gamble pays off, you could save about 50% on realtor fees
  • Like other full-service brokerages, REX agents provide in-person services and support
  • REX's 2.5% listing fee doesn't save you much — many full-price agents charge similar rates
  • REX doesn't list your home on the MLS, so up to 90% of buyers may not even know it's for sale
  • This risky marketing strategy seems likely to fail, so you may not save anything on commission

REX has a 4.7 out of 5 rating (1,041 reviews) across popular review sites like Google and Zillow.


Read reviews from real REX customers here.

REX is available in the following areas: AZ, CA, CO, FL, GA, MD, NV, NJ, OR, PA, TX, WA, DC.

SHOW MORE

» LEARN: How do discount real estate brokers offer lower fees?

The top flat fee MLS listing services in New Jersey

Flat fee MLS services list your home on your local MLS for a low fee, often around $250–$600. The trade-off is that you'll have to handle almost the entire home-selling process yourself.

New Jersey Real Estate Boutique

New Jersey Real Estate Boutique

New Jersey Real Estate Boutique

Best For

Inexperienced sellers who want a little extra guidance from the listing broker

Price Range

$395-995

Pros & Cons

Pros:

  • The basic listing includes a for sale sign with a 1-888-number that forwards calls directly to your phone number. Many flat fee MLS companies charge extra for signs and automatic call forwarding.
  • You can post as many open houses as you want on the MLS without paying extra.
  • You can add a la carte options like professional photography and home staging if you don't want to upgrade to the agent-assisted flat fee MLS plan ($995).

Cons:

  • The money-back guarantee becomes void once your listing goes live on the MLS (usually within 48 hours after you turn in your listing forms).
SHOW MORE
Realmart Realty

Realmart Realty

Realmart Realty

Best For

Sellers looking for a lot of a-la-carte options

Price Range

$395

Pros & Cons

Pros:

  • You can choose from a lot of different a la carte options, like lockboxes, professional photography, and yard sign upgrades.
  • If you decide to go with a full-service broker, you can get a full refund when you sign with someone Realmart referred you to.

Cons:

  • You'll have to pay extra if you want to change any photos after your listing is live on the MLS.
SHOW MORE

» MORE: What you need to know about flat fee MLS services.

Learn more

New Jersey has it all: swank condos minutes from Manhattan, wooded estates, quaint small towns, possibly the best beaches on the East Coast along the famous Jersey Shore, plus Atlantic City, the East Coast’s answer to Las Vegas. The state also has a very diverse, forward-looking economy that looks primed for a protracted boom.

New Jersey home values are very healthy, far surpassing not only the national average, but the home values of its more high-profile neighbor, New York. Further, they’ve risen sharply over the past decade, and show no signs of slowing down.

New Jersey's booming state economy, driven by tourism and thriving biotech, tech, and pharmaceutical industries, should keep both the state’s appeal and housing demand high. Though it’s an expensive market to buy into, New Jersey real estate looks like a great investment. And if you’re selling, you’re absolutely in the driver’s seat.

If you want to save thousands of dollars of commission on your New Jersey home sale, Clever pre-negotiates a low 1.5% commission rate, with full-service real estate agents in New Jersey. Contact Clever today to get started on your commission savings!

👋 Next Steps: Find an agent!

Clever can connect you with top local agents who provide full service for a pre-negotiated 1.5% listing fee, instead of their typical rate.

You can interview your Clever agent matches, get free pricing estimates, and compare marketing plans — all with no strings attached.

Ready to learn more? Submit the form below for a free phone consultation with one of our Licensed Concierges.

Methodology

We gathered our commission rate data from a survey of 630 of our partner agents. The survey asked about standard local rates for both listing and buying agents.

Additionally, we utilized the following data from Zillow and Realtor.com:

  • Home values, list prices, and sale prices: Based on Zillow data as of August 2022
  • Sale prices and sale-to-list ratios: Based on Redfin data as of May 2022 (unless specified otherwise)
  • Months of inventory: Based on Realtor.com data as of October 2022

Additional resources for New Jersey home sellers

Better real estate agents at a better rate

Enter your zip code to see if Clever has a partner agent in your area.

If you don't love your Clever partner agent, you can request to meet with another, or shake hands and go a different direction. We offer this because we're confident you're going to love working with a Clever Partner Agent.