Top Rental Markets in New Jersey
Unravel New Jersey's top rental markets. Discover rent prices, income figures, sale prices, deposit trends, and livability scores.
Read More »New Jersey is a hot spot for those looking to relocate because of the convenience of traveling, extensive beaches, and the top-of-the-line infrastructure. New Jersey is also ideal for property investors. Similar to Maryland, foreclosures are at an all-time high, which is a great opportunity for landlords looking to snag a nice property for cheap.
Laws that impact the rental market, landlords, and tenants are constantly being decided in states. Make sure you know what’s on your ballot – find New Jersey voting information here.
When it comes to New Jersey rental laws, there are a few specifics landlords need to know:
Per state law, there are no additional application fee laws/caps in New Jersey.
New Jersey landlords cannot consider criminal history until the landlord has provided a conditional offer.
Early Lease Termination
New Jersey tenants can end their lease early in cases of:
A five-day grace period must be given to New Jersey seniors.
New Jersey landlords must provide:
There are three sections to a residential lease agreement. The first section outlines the custom details of the contract, such as who’s involved and for what address. Here’s an example New Jersey lease agreement listing details found in Section 1:
Below are answers to some of the most commonly-asked questions when it comes to landlord-tenant laws in New Jersey:
If a landlord fails to make necessary repairs, the tenant may pay for those repairs and deduct the price from their future rent payments.
Evicting a tenant in New Jersey can take anywhere from three weeks to four months, depending on the reason for eviction.
New Jersey is not a landlord-friendly state because of the ability of each jurisdiction to set its own rent control laws.
There are several reasons a landlord may file for eviction in New Jersey including but not limited to property damage, safety violations, and failure to pay rent. Depending on the violation, the landlord must give the tenant anywhere from 0 to 90 days to cure their violation.
If the tenant fails to cure or quit, then the landlord may file a complaint with the court, which costs $50. After the complaint is filed, it will be served to the tenant before the hearing.
The hearing will then be scheduled within 10 to 30 days after the tenant was served.
If the court rules in favor of the landlord, then a warrant for removal will be issued within three days. Once received, the tenant will need to move out within three days.
Landlords are required to give a 30-day notice before asking a tenant to vacate the property.
TurboTenant has utilized many municipal sources and official state statutes to compile this information to the best of our ability. However, local laws are constantly in flux, and landlords and tenants alike should do their due diligence and consult legal help when it’s needed. We hope the following list can serve as a valuable resource and allow you to succeed as a landlord or tenant in New Jersey. Be sure to take proper precautions when it comes to finding the top candidates for your unit by utilizing our online rental application and tenant screening services.
Disclaimer: TurboTenant, Inc does not provide legal advice. This material has been prepared for informational purposes only. All users are advised to check all applicable local, state, and federal laws, and consult legal counsel should questions arise.
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Discover Our Unlimited PlanUnravel New Jersey's top rental markets. Discover rent prices, income figures, sale prices, deposit trends, and livability scores.
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