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The contract gives Nemec an opportunity to take on a prominent role in Calgary's revamped defensive lineup.
"I'm working hard right now and waiting for the new season," he added.
New Jersey general manager Sunny Mehta said the trade was mutually beneficial.
"I just felt like the return that we got from Calgary was just kind of too good to pass up," Mehta said.
"They kind of stepped up with their offer to get him, and I just thought it was ultimately the right thing for the organization to move on."
Mehta clarified that Nemec did not request a trade but noted a change of scenery could help the defenseman achieve his professional goals.
"He just wants a path," Mehta said.
"He wants a path to develop and a path to grow into the role that he foresees for himself."
Nemec plans to arrive in Calgary from Slovakia in mid-August, ahead of the Flames' preseason opener against the Seattle Kraken on Sept.
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20.
