This bill seeks to strengthen tenant protections in New Jersey by mandating that landlords provide a written explanation for any proposed rent increase. The required explanation must include the rationale for the increase, confirmation of compliance with municipal ordinances, and a detailed breakdown of expenses related to the tenant's unit and common areas. For tenants in senior citizen housing projects, the notice must also provide contact information for someone who can discuss the increase and a statement outlining the tenant's rights. The bill emphasizes the importance of transparency in landlord-tenant relationships, particularly in light of rising housing costs.

Additionally, the legislation introduces penalties for landlords who fail to comply with these requirements, including a $500 fine and the possibility for tenants to pursue a separate cause of action to recover damages. It clarifies that a tenant cannot be evicted for non-payment of rent unless the landlord has provided the necessary written notice of the increase and that the increase is not deemed unconscionable. The provisions of the bill will take effect three months after enactment, applying to any rent increase notices issued thereafter, thereby promoting housing stability and protecting tenant rights in New Jersey.

Statutes affected:
Introduced: 2A:18-61.1