New Jersey Appraisal License Information

The New Jersey State Real Estate Appraiser Board has identified three levels of real property appraisal classification:

  • Trainee Appraiser
  • Residential License
  • Residential Certification
  • General Certification

Current New Jersey Appraiser License Requirements

The New Jersey State Real Estate Appraiser Board has established the minimum educational requirements for an appraisal license. The minimum educational requirements include the following:

Trainee Appraiser

  • Education: 75 classroom hours, to include 15 hours of the Uniform Standards of Professional Appraisal Practice (USPAP)
  • Experience: None required
  • Examination: No
Residential License
  1. In order to be eligible to take the board-approved examination for licensure, applicants will be required to successfully complete a minimum of 150 classroom hours of courses in subjects related to real estate appraisal.
  2. The required 150 hours must include a course on the Uniform Standards of Professional Appraisal Practice, which the applicant must have completed within 54 months prior to applying to take the examination.
  3. College-level requirements: None
In order to be eligible to take the board-approved examination for licensure, applicants must furnish documentation on forms provided by the board, which demonstrate at least 2,000 hours of appraisal experience in no fewer than 24 months.

Residential Certification

  1. In order to be eligible to take the board-approved examination for residential certification, applicants will be required to successfully complete a minimum of at least 200 classroom hours of courses in subjects related to real estate appraisal.
  2. The 200 hours must include a course on the Uniform Standards of Professional Appraisal Practice, which the applicant must have completed within 54 months prior to applying to take the examination. Classroom hours completed for the licensed classification may be included within the 120 hours required for residential certification.
  3. College-level requirements: Associate degree or higher. In lieu of the required degree, 21 semester credit hours covering the following subject matter courses: English Composition; Principles of Economics (Micro or Macro); Finance; Algebra, Geometry or higher mathematics; Statistics; Computer Science; and Business or Real Estate Law.
In order to be eligible to take the board-approved examination for residential certification, applicants must furnish documentation on forms provided by the board, which demonstrate at least 2500 hours of appraisal experience in no fewer than 24 months

General Certification

  1. In order to be eligible to take the board-approved examination for certification as a general real estate appraiser, an applicant shall be required to successfully complete (pass an examination) a minimum of 300 classroom hours of courses in subjects related to real estate appraisal.
  2. The required 300 classroom hours must include a course on the Uniform Standards of Professional Appraisal Practice, which the applicant must have completed within 54 months prior to applying to take the examination. Classroom hours completed for the certified residential classification and licensed classification may be included within the 180 hours.
  3. College-level requirements: Bachelors degree or higher. In lieu of the required degree, 31 semester credit hours covering the following subject matter courses: English Composition; Principles of Economics (Micro or Macro); Finance; Algebra, Geometry or higher mathematics; Statistics; Computer Science; and Business or Real Estate Law; and 2 elective courses in accounting, geography, ag-economics, business management, or real estate.
In order to be eligible to take the board-approved examination for general certification, applicants shall furnish documentation on forms provided by the board, which demonstrate at least 3000 hours of appraisal experience in no fewer than 30 months. At least 50 percent of the required experience must be in non-residential appraisal work.

New Jersey Appraisal Regulatory Agency

New Jersey State Real Estate Appraiser Board
Charles Kirk:
P.O. Box 45032
Newark, NJ 07101
(973) 504-6480
Click for State Website

Recent Changes to Real Property Appraiser Qualifications

Beginning January 1, 2015, the AQB has made significant changes to appraisal qualifications. Some states may choose to implement the changes sooner, so be sure to check with your state regulator.

Several important changes are outlined below, with complete details available on this AQB publication:
UPCOMING CHANGES TO REAL PROPERTY APPRAISER QUALIFICATIONS >

IMPORTANT CHANGE: Increased College Degree Requirements

Implications: After January 1, 2015, you must hold a bachelor's degree to obtain the Certified Residential license level or beyond. If you achieve this license level prior to January 1, 2015, you will be grandfathered in under the old regulations.

IMPORTANT CHANGE: Experience Hours are Required BEFORE taking the licensing exam.

Implications: For the Licensed, Certified Residential and Certified General license levels, the required coursework must be completed prior to taking the licensing exam. If you intend to upgrade your license prior to the January 1, 2015 rules change, you need to be sure that you have enough time to complete your experience hours.

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