eXp Realty NJ

eXp Realty NJ

The Ultimate Guide to New Jersey’s Fastest-Growing Cloud Brokerage in 2026

Everything You Need to Know About Buying, Selling, and Building Your Real Estate Career with eXp Realty Across the Garden State

Connect with Danny Skelly | eXp Realty

Phone: 303-503-8793  |  239-933-1766

Your trusted real estate expert across New Jersey and beyond

Why eXp Realty Is Dominating New Jersey Real Estate

New Jersey’s real estate market is one of the most dynamic, competitive, and diverse in the entire country. From the luxury waterfront communities of Bergen County to the affordable neighborhoods of South Jersey, from Manhattan-commuter hotspots in Hudson County to the beloved Jersey Shore beach towns—the Garden State offers an extraordinary range of real estate opportunities. And in 2026, no brokerage is better positioned to help New Jersey buyers, sellers, and agents succeed than eXp Realty NJ.

As a 100% cloud-based brokerage, eXp Realty has eliminated the costly overhead of physical offices and franchise fees, reinvesting those savings into cutting-edge technology, world-class training, revenue sharing programs, and equity incentives that empower agents to build lasting wealth—not just close deals. For New Jersey homebuyers and sellers, this means working with highly motivated, exceptionally trained, and well-resourced agents who are invested in delivering outstanding results.

If you’re looking for an experienced eXp Realty professional in New Jersey, Danny Skelly is ready to help. Whether you’re buying your first home in Monmouth County, selling a luxury property in Bergen County, or exploring investment opportunities anywhere across the Garden State, Danny brings the expertise, technology, and eXp Realty’s powerful platform to your corner. Reach Danny directly at 303-503-8793 or 239-933-1766.

In this comprehensive guide, we’ll explore everything you need to know about eXp Realty NJ—from the brokerage’s unique business model and agent benefits, to the current state of the New Jersey housing market in 2026, to detailed breakdowns of the hottest real estate markets across every region of the state.

What Is eXp Realty? Understanding the Cloud Brokerage Revolution

Founded in 2009 by Glenn Sanford, eXp Realty operates under eXp World Holdings, Inc. (Nasdaq: EXPI). The company has fundamentally disrupted the traditional brokerage model by operating entirely in the cloud—agents collaborate, train, and access resources through a virtual platform, giving them the freedom to serve clients anywhere in New Jersey without being tied to a physical office.

As of 2025, eXp Realty has grown to approximately 82,000+ agents across 27 countries. The company reported $1.3 billion in quarterly revenue in Q2 2025 and distributed more than $220 million in revenue share and equity benefits to its agents in 2024. Under CEO Leo Pareja’s leadership, eXp continues to focus on attracting productive agents and delivering innovative tools.

eXp Realty Key Facts at a Glance

CategoryDetailsFounded2009Stock TickerNasdaq: EXPICEO of eXp RealtyLeo ParejaAgent Count (2025)~82,000+ worldwideCountries27 countriesNJ Office Address28 Valley Road, Suite 1, Montclair, NJ 07042NJ Phone866-201-6210Commission Split80/20 with $16,000 annual capMonthly Cloud Fee$85/month (website, CRM, training included)Revenue ShareUp to 50% of company revenue shared with agentsEquity ProgramEXPI stock awards for production milestonesNJ MLS AccessNJMLS, Garden State MLS, Hudson County MLS, All Jersey MLS, SMART MLS

Why eXp Realty NJ Is the Smart Choice for New Jersey Agents

New Jersey’s incredibly diverse real estate landscape—spanning 21 counties, from the Gold Coast to the Pine Barrens—makes it the perfect market for eXp Realty’s cloud-based model. Here’s why thousands of NJ agents have already made the switch:

1. Superior Commission Structure

In one of America’s most expensive real estate markets, keeping more of your commission matters enormously. eXp Realty NJ offers an 80/20 commission split with a $16,000 annual cap. Once capped, agents keep 100% of their commissions for the rest of the year. On New Jersey’s median sale price of over $550,000, agents reach their cap faster than almost anywhere else in the country.

eXp Realty NJ Fee Breakdown
- Base Split: 80% agent / 20% brokerage
- Annual Cap: $16,000 – then 100% commission for the rest of the year
- Transaction Fees: $25 broker review + $40 risk management per transaction
- No Desk Fees: Zero desk fees or franchise royalties
- Monthly Cloud Fee: $85/month – includes website, KvCore CRM, and eXp World training
- Startup Fee: $149 one-time

2. Three Wealth-Building Income Streams

No other New Jersey brokerage offers agents three distinct ways to build wealth. This is what makes eXp Realty truly revolutionary:

- Sales Commissions – With eXp’s generous split and cap, NJ agents take home significantly more on every transaction—especially powerful in New Jersey’s high-value markets where a single Bergen County sale can put you near the cap.
- Revenue Share – eXp reinvests up to 50% of its monthly company revenue back to agents who help grow the company. Build a passive income stream that pays monthly, even into retirement.
- Equity / Stock Awards – Earn EXPI stock through production milestones, capping, attracting new agents, and purchasing stock at a 10% discount. This gives agents actual ownership in the company they help build.

3. Industry-Leading Technology

Every eXp Realty NJ agent gains immediate access to a powerful technology stack:

- KvCore CRM: AI-powered lead generation, automated follow-up campaigns, and IDX-integrated websites
- eXp World Virtual Campus: Immersive virtual environment for live training, collaboration, and broker support
- Personalized Agent Websites: Professional, IDX-enabled websites included at no extra cost
- Express Offers Platform: Instant cash offer capabilities for NJ sellers
- Transaction Management: Streamlined digital transaction processing and compliance
- Marketing Suite: Professional templates, social media tools, and customizable marketing materials

4. Unmatched Training and Support

eXp Realty delivers over 80+ hours of live training every week through its virtual campus. Whether you are in Cape May, Newark, Princeton, or Bergen County, you have equal access to:

- New Agent Fast Start programs to get freshly licensed NJ agents productive immediately
- Advanced listing strategies for New Jersey’s competitive seller’s market
- Luxury home marketing masterclasses essential for North Jersey’s premium markets
- Negotiation workshops critical in a state where 47.4% of homes sell above asking price
- Mentor program pairing new agents with experienced eXp mentors
- ICON Agent program rewarding top producers with additional stock awards

5. Geographic Freedom Across All 21 Counties

New Jersey agents often serve clients across multiple counties and commuter corridors. The cloud-based model means you can seamlessly serve clients from Bergen County to Ocean County, from Hudson County to Mercer County—without being tethered to a single office. This geographic flexibility is a game-changer in the Garden State.

Connect with Danny Skelly | eXp Realty

Phone: 303-503-8793  |  239-933-1766

Your trusted real estate expert across New Jersey and beyond

New Jersey Housing Market Overview: 2026 Trends and Data

Understanding New Jersey’s current market conditions is essential for eXp Realty NJ agents and the clients they serve. The Garden State continues to be one of the strongest seller’s markets in the nation, driven by limited inventory, proximity to New York City, and sustained demand across virtually every price point.

New Jersey Housing Market Key Metrics (2026)

MetricCurrent DataMedian Home Sale Price$553,600 (up 3.0% YoY)Average Home Value (Zillow)$569,314 (up 4.6% YoY)Median Days on Market45–62 daysActive Listings (Jan 2026)13,420 (up 11.67% YoY)Months of Supply2.4 months (seller’s market)Sale-to-List Price Ratio100%–112.2%Homes Sold Above Asking47.4%Homes with Price Reductions37.4% (up from 33%)2026 Price Growth Forecast2–4% statewide appreciationMortgage Rate Outlook5.8%–6.5% range expectedHomes Sold (Jan 2026)5,369 (down 10.3% YoY)

Key Factors Driving New Jersey’s 2026 Market

- NYC Proximity Premium: Northern New Jersey communities continue to command premium prices due to direct Manhattan commuter access via NJ Transit, PATH, and ferry services. This “NYC spillover effect” is the single most powerful driver in the state’s real estate market.
- Persistent Inventory Shortage: Despite a 11.67% increase in active listings, inventory remains well below pre-pandemic levels. With only 2.4 months of supply, New Jersey firmly remains a seller’s market where demand consistently outpaces available homes.
- Strong Employment Base: New Jersey’s economy is anchored by pharmaceuticals, finance, technology, healthcare, and logistics—creating stable, high-wage employment that fuels consistent housing demand.
- Top-Ranked School Districts: New Jersey consistently ranks among the top states for public education. School district quality drives enormous demand in communities like Short Hills, Ridgewood, Westfield, and Summit.
- Remote Work Migration: The permanent shift to hybrid work continues to benefit New Jersey as NYC workers seek larger homes and suburban lifestyles while maintaining city employment.
- Stabilizing Interest Rates: Mortgage rates are projected to ease into the 5.8%–6.5% range in 2026, potentially unlocking more buyer activity and transaction volume across New Jersey.

Top New Jersey Real Estate Markets for eXp Realty Agents and Homebuyers in 2026

New Jersey’s real estate market is anything but monolithic. There’s a clear divide between the high-value, NYC-adjacent northern counties and the more affordable, lifestyle-driven central and southern regions. Here is a comprehensive breakdown of the markets that eXp Realty NJ agents and clients should understand. For personalized guidance in any of these markets, contact Danny Skelly at 303-503-8793 or 239-933-1766.

Bergen County – The North Jersey Powerhouse

Bergen County is New Jersey’s premier residential market, commanding prices 74% above the national average. The county’s exceptional schools, Manhattan proximity, and affluent communities like Ridgewood, Englewood, and Tenafly make it one of the most desirable places to live in the entire tri-state area.

Bergen County Market Highlights
- Median Sale Price: $755,000 (up 7.1% YoY)
- Single-Family Median: $880,000 (up 11.6%)
- Average Home Value: $754,579 (up 4.9% YoY)
- Days on Market: 70–79 days
- Cost of Living: 22% above national average
- Top Towns: Ridgewood, Tenafly, Englewood, Paramus, Hackensack, Fort Lee
- Commute: 30–45 minutes to Manhattan via multiple bridges and highways

Hudson County – NYC’s Gateway Market

Hudson County represents New Jersey’s most urban real estate market, with Jersey City and Hoboken leading the way. Some Hudson County neighborhoods are closer to Wall Street than parts of Brooklyn, making it an incredibly compelling value proposition for NYC commuters.

Hudson County Market Data
- Median Sale Price: $685,000 (up 5.4% YoY)
- Jersey City Median: $715,000 (up 3.2% YoY)
- Jersey City Home Value: $577,519 (up 2.5%)
- Days on Market: 35–50 days
- Development Boom: Multiple high-rise projects adding thousands of units, especially in Journal Square
- Top Areas: Jersey City, Hoboken, Bayonne, Weehawken, Union City
- Transit: PATH train, Hudson-Bergen Light Rail, NY Waterway ferries

Essex County – Urban Diversity Meets Suburban Luxury

Essex County offers tremendous diversity from urban Newark to the ultra-affluent enclave of Short Hills. Montclair has become particularly popular with families seeking walkable downtowns, arts and culture, and highly rated schools.

- Median Price: ~$590,000
- Key Highlight: eXp Realty NJ’s headquarters is located in Montclair at 28 Valley Road, Suite 1
- Hot Markets: Montclair, Short Hills/Millburn, Livingston, West Orange, South Orange
- Newark Renaissance: Downtown mixed-use developments combining residential, retail, and office space
- Transit: Excellent NJ Transit access to Manhattan Penn Station

Monmouth County – Jersey Shore Premium

Monmouth County is one of New Jersey’s most resilient and fast-moving markets, driven by strong demand from buyers seeking space, excellent schools, and access to the Jersey Shore.

- Median Sales Price: $705,000
- Days to Pending: Just 20 days – among the fastest in the state
- Key Driver: Space, schools, and shore access
- Top Towns: Red Bank, Rumson, Colts Neck, Holmdel, Long Branch, Asbury Park
- Opportunity: Strong demand for both primary residences and vacation/second homes

Morris County – Suburban Excellence

Morris County offers top-ranked school districts, corporate headquarters, and quintessential New Jersey suburban living. Communities like Morristown, Madison, and Chatham consistently attract families willing to pay premium prices for exceptional quality of life.

- Market Status: Strong seller’s market with tight inventory
- Key Appeal: Among the best public schools in the nation
- Corporate Base: Major pharmaceutical and corporate headquarters
- Top Towns: Morristown, Madison, Chatham, Mendham, Chester, Mountain Lakes
- Trend: Fewer new listings YoY creating continued competition for well-priced homes

Passaic County – Affordability and Growth

Passaic County is one of the few North Jersey markets where median listing prices are actually increasing, reflecting strong demand from buyers seeking more affordable alternatives to Bergen and Essex Counties.

- Trend: Only North Jersey county with increasing median listing prices YoY in January 2026
- Appeal: Relative affordability with NJ Transit access to NYC
- Top Areas: Wayne, Clifton, West Milford, Little Falls
- Opportunity: Buyers priced out of Bergen County are driving demand here

Central New Jersey Markets

Central New Jersey—including Middlesex, Somerset, and Mercer Counties—offers a compelling blend of affordability, employment centers, and quality of life. These markets are increasingly attracting both NYC commuters and local professionals.

- Middlesex County: Edison and Perth Amboy offer affordable multi-family investment opportunities with strong rental demand
- Somerset County: Corporate headquarters, excellent schools, and suburban luxury
- Mercer County: Princeton anchors the market with Ivy League prestige and premium real estate
- Trend: Growing demand from remote workers seeking larger homes at more accessible price points

South Jersey and Shore Markets

South Jersey offers some of the Garden State’s most affordable entry points along with beloved beach communities that command premium seasonal and year-round prices.

- Atlantic County: Median ~$310,000, with coastal properties seeing strong appreciation near 7% growth
- Cumberland County: Most affordable NJ market at ~$280,000 median – exceptional value for investors
- Cape May County: Premium Jersey Shore market with strong vacation rental demand
- Ocean County: Growing retirement and family market with Toms River and Lakewood anchoring demand
- Burlington County: Suburban Philadelphia influence with affordable family-friendly communities

New Jersey County-by-County Price Comparison

County/AreaMedian PriceMarket TypeKey FeatureBergen$755,000Strong Seller’sNYC commuter premiumHudson$685,000–$715,000Balanced/Seller’sUrban, transit-richMonmouth$705,000Strong Seller’sShore access, fast paceEssex~$590,000Seller’sDiverse, Montclair hubMorrisPremiumSeller’sTop schools, corporatePassaicGrowingShiftingAffordability drawMiddlesexMid-rangeBalancedInvestment potentialAtlantic$310,000AppreciatingShore proximityCumberland$280,000Buyer-friendlyMost affordable in NJ

eXp Realty NJ vs. Traditional New Jersey Brokerages

Here’s how eXp Realty NJ stacks up against the traditional brokerage model in the Garden State:

FeatureeXp Realty NJTraditional BrokeragesCommission Split80/20 with $16K cap50/50 to 70/30 (often no cap)Desk FeesNone$300–$800+/month in NJFranchise FeesNone3–8% of commissionTechnologyFull suite included ($85/mo)Often extra cost or limitedRevenue ShareYes – up to 7 tiersRare or nonexistentStock/EquityYes – EXPI stock awardsNoTraining80+ hours/week (virtual)Varies by officeGeographic FreedomAll 21 NJ countiesTied to office territoryPhysical OfficeCloud-basedRequired (NJ office rents are expensive)Multi-StateSeamless across state linesRequires separate affiliationsRetirement IncomeRevenue share inheritableNo residual income

Is eXp Realty NJ Right for You?

eXp Realty NJ Is Ideal If You Are:

- A self-motivated agent who thrives working independently in a competitive market
- An experienced NJ producer looking to keep more of your commission on high-value transactions
- A team leader wanting to build a scalable business across multiple NJ counties
- An agent interested in building generational wealth through revenue share and stock ownership
- Someone comfortable with technology and virtual collaboration
- A broker-owner tired of expensive NJ office leases and overhead
- An agent serving both NJ and NY/PA clients who needs multi-state flexibility

Consider Other Options If You:

- Are a brand-new agent who needs daily in-person mentorship
- Strongly prefer a physical office for client meetings
- Are not comfortable with digital tools and virtual platforms
- Want a boutique brokerage feel with a small local team

Connect with Danny Skelly | eXp Realty

Phone: 303-503-8793  |  239-933-1766

Your trusted real estate expert across New Jersey and beyond

How to Join eXp Realty NJ: Step-by-Step Guide

- Obtain Your NJ Real Estate License – You must hold an active license with the New Jersey Real Estate Commission to practice with eXp or any brokerage in the state.
- Connect with a Sponsor – Reach out to Danny Skelly at 303-503-8793 or 239-933-1766 to learn about joining eXp Realty NJ. Danny can guide you through the process and become part of your support network.
- Complete the Online Application – Pay the $149 startup fee and begin setting up your eXp accounts, technology tools, and training access. https://agentsgather.com/exp-realty-nj/