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    ooolala13's Avatar
    ooolala13 Posts: 1, Reputation: 1
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    #1

    Jun 14, 2009, 06:31 AM
    Rental Increase
    I live in a two-family home in New Jersey and have a lease. What is the maximum amount a landlord can increase your rent when renewing your lease each year?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
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    #2

    Jun 14, 2009, 06:35 AM

    Unless you are under rent control there doesn't appear to be a maximum.
    LisaB4657's Avatar
    LisaB4657 Posts: 3,662, Reputation: 534
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    #3

    Jun 14, 2009, 07:04 AM
    In NJ the law is that it must be a "reasonable increase". So a 5% increase would be OK but probably not much more than that.

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