How Much Can a Landlord Charge for a Security Deposit in New Jersey?

This question is about New Jersey Security Deposit Law

How Much Can a Landlord Charge for a Security Deposit in New Jersey? on iPropertyManagement.com

The maximum security deposit a landlord can charge in New Jersey is 1 and 1/2 months’ rent. If the rent is increased, the security deposit can only be increased by 10% at most per year.

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The information for this answer was found on our New Jersey Security Deposit Law answers.