New Jersey A3498 allows tenants to challenge rent increases they deem unconscionable and appropriates $2 million for related court processes.
New Jersey A3498 authorizes residential tenants to take action against landlords for alleged unconscionable rent increases. If a tenant believes a rent increase is unconscionable, they can request the landlord provide a rationale within 10 days. If the tenant and landlord cannot agree on a rent amount within 30 days, the tenant can file a court action. The court will consider various factors to determine if the rent increase is unconscionable.
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