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    cabbar's Avatar
    cabbar Posts: 3, Reputation: 1
    New Member
     
    #1

    Dec 23, 2010, 02:47 PM
    Rent increase in WEST NEW YORK,NJ
    I live in a management building in west New York, NJ and they just sent a notice saying they want to increase the rent app. 20%
    Can they really do this??
    Thanks
    Eileen G's Avatar
    Eileen G Posts: 1,571, Reputation: 286
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    #2

    Dec 23, 2010, 07:41 PM

    Do you have a lease setting the rent? What did you sign when you moved in?
    cabbar's Avatar
    cabbar Posts: 3, Reputation: 1
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    #3

    Dec 24, 2010, 07:16 AM
    Yes, but it's a 1 year lease only
    LisaB4657's Avatar
    LisaB4657 Posts: 3,662, Reputation: 534
    Expert
     
    #4

    Dec 24, 2010, 07:49 AM
    In NJ a landlord may not increase the rent by more than a "reasonable" amount. Whether the proposed increase is reasonable depends on several factors. This site explains landlord/tenant law in NJ in general: http://www.nj.gov/dca/divisions/code..._lti/t_i_r.pdf

    This is a bulletin from the state specifically about rent increases: http://www.nj.gov/dca/divisions/code...rse_bultin.pdf

    You have to read the second one for yourself and decide if you want to challenge the landlord's proposed increase.
    cabbar's Avatar
    cabbar Posts: 3, Reputation: 1
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    #5

    Dec 24, 2010, 01:59 PM
    OK, thank you very much, these 2 links explain everything very clearly

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