Establishes standards for determining an unconscionable rent increase; excludes from public access landlord tenant records in certain circumstances.

This bill establishes clear standards for New Jersey courts to determine if a rent increase is "unconscionable" (extremely unfair) when challenged by tenants. Courts must consider factors like the rent amount, landlord expenses (including maintenance and insurance), local market rates, tenant bargaining power, and property condition. Landlords must prove increases are fair, and court records from tenant victories in eviction cases are kept private unless landlords win at trial. The bill excludes rent-controlled properties and affordable housing programs from these rules and takes effect immediately, except for the record confidentiality provision which starts six months after enactment.