NCJAR Market Data is a comprehensive report that provides valuable insights into the real estate market in the North Central New Jersey region. It includes key metrics such as median listing price, average selling price, number of active listings, and the average days a property stays on the market, among others. This dynamic tool serves as a valuable resource for Realtors, buyers, and sellers, assisting them in making well-informed decisions in their real estate transactions.
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NCJAR Focused on Creating Better Member Experiences
At North Central Jersey Association of REALTORS® (NCJAR), our members are at the heart of everything we do. As the real estate industry continues to evolve, so do the needs of today’s busy professionals. That’s why NCJAR is continuously evaluating how we deliver programs, education, events, and member services.
Recent discussions have focused on making NCJAR programs even more accessible and convenient. This includes exploring additional scheduling options and new approaches that can better accommodate the demanding schedules of REALTORS® and real estate professionals.
Listening to Our Members
Member feedback plays an important role in shaping the NCJAR experience. By listening to what works, identifying areas where we can improve, and considering new ideas, we can continue developing programs that provide meaningful value to our membership.
Whether it’s professional development, networking opportunities, industry information, advocacy, or member resources, our goal is to make it easier for members to take advantage of the benefits available through their association.
New Consumer Guide: Condominium Insurance
Buying a condominium can offer many of the benefits of homeownership without some of the maintenance responsibilities that come with a single-family home. But when it comes to insurance, condo ownership works a little differently.
In most condominium communities, protecting the property involves two insurance policies: one purchased by the condominium association and another purchased by the individual unit owner. Knowing what each policy covers before you buy can help you identify potential gaps in coverage and avoid unexpected expenses later.
Understanding the Two Types of Condo Insurance
A condominium is typically protected by a combination of the association’s master insurance policy and the unit owner’s individual policy.
The condominium association’s master policy generally covers the building, roof and common areas shared by residents. Depending on the policy, it may also cover certain portions of the individual condominium units.
Leadership Opportunities Ahead
Strong associations require strong leaders.
NCJAR continues to invest in developing future leaders through our leadership application and nomination process. Whether you're interested in serving on a committee, becoming a chairperson, or pursuing a future board leadership role, there are many ways to become more involved and help shape the future of the association.
Leadership involvement offers:
- Expanded professional networks
- Industry influence
- Personal and professional growth
- Opportunities to give back to the REALTOR® community
2027 Committee Applications Coming Soon
New NJ Continuing Education Requirements Coming in 2027
The New Jersey Legislature has approved changes to real estate continuing education (CE) requirements that are expected to take effect for the 2027–2029 license renewal cycle.
Good news: There are no changes to the current 2025–2027 renewal cycle.
What Will Change?
Beginning with the 2027 renewal cycle, licensees should expect:
- 18 hours of continuing education (up from the current requirement).
- A 75% passing score on exams for self-paced online CE courses.
- A portion of your CE must be completed through live instruction (classroom or live webinar).
- The New Jersey Real Estate Commission (NJREC) may require additional education on emerging topics in the future.
Advocacy in Action: Supporting REALTOR® Priorities This Fall
Protecting private property rights and promoting the interests of REALTORS® has always been a cornerstone of NCJAR®'s mission. As the real estate industry continues to evolve, having a strong voice at the local, state, and national levels is more important than ever.
This fall, NCJAR® will continue its advocacy efforts through RPAC fundraising and member engagement initiatives designed to strengthen REALTOR® representation. These efforts help ensure that the issues affecting homeownership, property rights, and the real estate profession remain at the forefront of legislative discussions.
One of the greatest benefits of REALTOR® membership is advocacy. Through the REALTOR® Political Action Committee (RPAC), REALTORS® work together to support candidates and initiatives that understand the value of private property rights and recognize the vital role real estate professionals play in building strong communities. RPAC is nonpartisan and focused solely on advancing policies that benefit the real estate industry and the clients REALTORS® serve.
Morristown, NJ 07960
(973) 425-0110