New Jersey Contractor License Bonds
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What Is a New Jersey Contractor License Bond?
A New Jersey contractor license bond is a financial guarantee that a contractor will comply with state and local licensing laws when working on a job. Filing a surety bond is a requirement before a plumbing, electrical or HVACR contractor can receive or renew their New Jersey license. Several cities in New Jersey also enforce bond requirements for contractors and construction projects.
How Much Do New Jersey Contractor Bonds Cost?
Most New Jersey contractor license bonds cost $100 per year and are available for instant online purchase. The State Board of Examiners HVACR and plumbing contractor bonds cost $100 while electrical contractor bonds are $175 for all applicants.
Other New Jersey contract bond coverage amounts can range from $1,000 to $100,000 based on the project size. Pricing is typically 1–10% of the bond amount, based on credit score and contractor qualifications. Find your bond below to get an exact quote.
If you work outside of New Jersey, we also offer contractor license bonds nationwide.
Who Needs a New Jersey Contractor License Bond?
The New Jersey Division of Consumer Affairs requires contractors to file surety bonds with their respective State Board of Examiners to be licensed in the following classifications:
- Electrical contractor
- Master plumber contractor
- Master HVACR contractor
Some cities enforce their own additional surety bond requirements for contractor licensing. If you have questions about New Jersey contractor licensing at the municipal level, contact your local government office.
Other Construction Bonds in New Jersey
You may also need a maintenance bond, performance bond or another type of contract bond for a public construction project in New Jersey. These protect project owners from contractors who default or fail to uphold their contracts in any way.
How to Get a New Jersey Contractor Bond
With SuretyBonds.com, you can get most New Jersey contractor license bonds instantly online. Simply find the bond you need and enter your information. You’ll receive your official bond confirmation via email in minutes.
A few city-specific New Jersey contractor bonds require a quick application review to determine pricing. If so, apply online and a representative will contact you within one business day to discuss your quote.
How Fast Can I Get My Bond?
SuretyBonds.com offers the fastest and easiest way to get contractor bonds in New Jersey. We offer same-day email issuance for most bonds processed before 4 PM Mon–Fri CST. If your obligee requires the original bond form with wet signatures, we offer an overnight shipping option.
How Do New Jersey Contractor License Bonds Work?
New Jersey contractor bonds protect consumers who could be harmed by defective construction or other license noncompliance as well as any unpaid employees, subcontractors or suppliers.
If you break the bond terms, the surety company will pay valid claims to harmed parties up to the full bond amount, which you must then reimburse in full.
How to Get a Contractor License in New Jersey
New Jersey contractor licensing application processes vary depending on your location, type of work and state or city requirements. Usually, you need to submit a complete application and contractor surety bond for all contractor types.
For more information on contractor license requirements, contact your local regulatory agency or see the resources below.
More Resources
- New Jersey Division of Consumer Affairs: MyLicense Online Licensing
- New Jersey Division of Consumer Affairs: Top Tips for License Applicants
- New Jersey State Board of Examiners of HVACR Contractors
- New Jersey State Board of Examiners of Electrical Contractors
- New Jersey State Board of Examiners of Master Plumbers
- Franklin Lakes: Forms/Applications
- Hoboken: Construction Code Department
- Jersey City: Office of the Construction Code
- Oakland: Construction Work & Permit Requirements
- West Deptford: Township Forms
- Wyckoff: Building Permit Information
Have Questions?
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