New Jersey Standard Residential Lease Agreement

A New Jersey standard residential lease agreement is a legally binding contract between a landlord and a tenant for the use of their property for a one-year term. This agreement establishes all of the necessary information, such as the rent amount, due dates, rules and regulations, and the pet policy. The tenant may be subject to a credit report to verify their income.

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Last updated October 25th, 2024

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A New Jersey standard residential lease agreement is a legally binding contract between a landlord and a tenant for the use of their property for a one-year term. This agreement establishes all of the necessary information, such as the rent amount, due dates, rules and regulations, and the pet policy. The tenant may be subject to a credit report to verify their income.

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Disclosures

Flood Zone (conditional) – It must be disclosed to any tenant if the property they are renting is situated in a flood zone. (§ 46:8-50(a))

Lead-Based Paint Disclosure – For any building constructed before 1978, the landlord must disclose a lead-paint pamphlet to their tenant due to the possible risk of harmful lead paint. (EPA/HUD Fact Sheet)

Truth in Renting Act – This disclosure covers the rights and responsibilities of both the tenant and landlord and must be provided if the rental property consists of two or more units. (§ 46:8-46)

Window Guard Disclosure – If a tenant has children under 11 years old and lives in a building with three or more units, the landlord must provide a window guard if the tenant requests one. (§ 5:10-27.1(c))

Rent Grace Period

There is a 5-day rent grace period in New Jersey. If the tenant fails to pay within 5 days, they may be served a 30-day notice to quit or pay. (§ 2A:42-6.1)

Security Deposit

Maximum Amount – One and one halfs month’s rent is the maximum a landlord may charge a tenant and may charge an additional 10% each year. (§ 46:8-21.2)

Returning – The landlord must return the security deposit and any interest within 30 days of the lease end date.

  • Deductions – The landlord must provide the tenant with a list of deductions if the security deposit has been deducted. (§ 46:8-21.1)