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A New Jersey rental lease agreement is a legal written document which is used by Landlords and Tenants that states the terms and conditions for renting property in New Jersey.
Rental Application – The Landlord can request a rental application from Tenants to verify the financial credentials. Once approved, both parties can sign the lease.
Lease Options By Type
 Standard Residential Lease Agreement
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 Simple (1-Page) Lease Agreement
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Most Recent US Home Facts
- Population (2023): 334,914,895
- Median Households (2022): 125,736,353
- Median Household Income (2022): $75,149
- Owner-occupied Households (2022): 64.8%
Source: U.S. Census Bureau
Required Disclosures by Law (4)
Security Deposit Requirements
- Maximum Deposit Amount – 1 1/2 months’ rent amount (first year) and 10% of the security deposit the following years.
- Returns – 30 days of the lease end date. An itemized list is required for deductions.
Source: § 46:8-21.2
Landlord Rental Access Rules
- General Access – 24-hours notice prior to entering the rental property.
- Emergency Access – Do not need to give any notice for emergencies.
Source: § 5:10-5.1(c)
Rent Payments and Fees
- Grace Period – No grace periods. Only for senior citizens whom are granted a 5-day grace period.
- Maximum Late Rent Fees – Any amount that is written in the agreement.
Source: § 2A:42-6.1