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What are the rental laws in New Jersey?

State law regulates several rent-related issues, including late fees, the amount of notice (at least 30 days in New Jersey) landlords must give tenants to raise the rent and how much time (30 days in New Jersey) a tenant has to pay overdue rent or move before a landlord can file for eviction.

What are renters rights in NJ?

Tenant rights grant them the ability to seek housing without any kind of discrimination from their landlord, as well as to ensure habitable housing conditions. New Jersey landlord-tenant law also allows tenants to request property repairs on time.

What costs are landlords responsible for?

What are the 9 Landlord Costs you Need to Budget for in 2022? Mortgage payments. Landlord insurance. Decorating. Maintenance and repairs. Letting agency fees. Health Safety. Paying Taxes. Finding tenants.

What is the most a landlord can raise rent in NJ?

If the landlord wants to increase the rent, he or she must abide by the percentage of the CPI three to 15 months prior to the end of the lease. The allowable rent increase should never exceed 4% in any consecutive 12-month period.

What is the rent increase for 2022 in NJ?

The current allowable increase for leases expiring between July 1, 2022 through December 31, 2022 is three point six percent (3.6%).

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