This bill seeks to strengthen tenant protections in New Jersey by mandating that landlords provide a detailed 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 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 amends existing laws to specify that a tenant cannot be evicted for non-payment of rent unless the landlord has provided the required written notice of the increase, which must not be deemed unconscionable. The provisions of the bill will take effect three months after enactment and will apply to any rent increase notices issued thereafter, aiming to promote housing stability and protect tenant rights in New Jersey.

Statutes affected:
Introduced: 2A:18-61.1