Real Estate Agent Salary in Newark, NJ — 2026 Guide
Estimated salaries are adjusted for Newark's cost of living (index: 140). National data from BLS OEWS 2024; city adjustments reflect local market conditions.
Real Estate Agent Salary in Newark — Key Numbers
Cost of Living in Newark
Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3× is affordable; above 5× is expensive by traditional guidelines.
Job Market in Newark
Newark has a metro population of 310,000, offering a growing job market with opportunities especially in established local industries. The 6.1% unemployment rate is above the national average, which may reflect broader economic conditions in the region.
Financial Calculators for Newark
Other Professions in Newark
Real Estate Agent Salary — Other New Jersey Cities
Frequently Asked Questions
How much does a Real Estate Agent make in Newark, NJ?
The estimated median salary for a Real Estate Agent in Newark is $76,020 per year (2026). This is derived from the national BLS median of $54,300 adjusted by Newark's cost of living index (140). The typical salary range runs from $44,912 (25th percentile) to $130,704 (75th percentile), with top earners reaching $222,908.
Is Newark affordable for a Real Estate Agent?
On a $76,020 annual salary, a Real Estate Agent in Newark would spend approximately 28.4% of gross monthly income on median rent ($1,800/month). This is approaching the 30–35% cost-burden threshold; careful budgeting is recommended. The median home price of $395,000 is 5.2× the annual salary.
How does a Real Estate Agent's salary compare to Newark's overall income?
Newark's median household income is $37,200. A Real Estate Agent earning the city-adjusted median of $76,020 earns 104.4% more than the typical Newark household — placing them solidly in the middle-to-upper income tier for the city.
Explore More Salary Data
Salary data from U.S. Bureau of Labor Statistics (BLS) OEWS, 2024 release. City salary estimates adjusted by cost of living index. City data from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024–2025). Last updated: March 2026.