Is a Broker's License Needed to Property Manage in New Jersey

[Jay Cho]

Hi

I am interested in investing in a property (located in New Jersey) with a few other investors. We will be creating a new LLC that will own/invest in the property. I will also be creating a property management company (based in NJ as well) to manage the LLC's property.

I am aware that I need a broker's license to manage properties that I do not own.  However, in the above scenario I would be owning the property but through an LLC with a few other investors.  Would I need a broker's license to manage this property under these circumstances?

Thanks,

Jay