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

This bill establishes clear standards for courts to determine if a rent increase is "unconscionable" (extremely unfair) in New Jersey, directly affecting landlords and tenants. Courts must consider factors like the rent amount, landlord expenses (e.g., maintenance, insurance), local rent comparisons, tenant bargaining power, property condition, and time since the last increase. It also requires landlords to prove an increase isn’t unconscionable and mandates that eviction court records where tenants win be kept private (unless landlords win at trial). The bill excludes rent-controlled areas or affordable housing programs from its rules and takes effect immediately, except for the record privacy provision, which starts six months after enactment.