Housing (Property Development) in New Jersey

in committee · New Jersey · Senate May 11, 2026

S 4158: Requires licensure of community management entity that contracts to conduct management services for planned real estate development association.

This bill requires community management entities in New Jersey to obtain a license before contracting to manage planned real estate developments, such as condominiums and homeowners' associations. The Commissioner of Community Affairs must create a licensing system that includes specific experience requirements and will enforce the rule by prohibiting unlicensed entities from signing new management contracts. Violations of this requirement could result in penalties of up to $4,000 for each contract entered into without a license. The legislation also directs the commissioner to adopt necessary regulations within seven months of enactment.

Topics ✓ Housing

Sub-Topics Property Development

in committee · New Jersey · General Assembly May 28, 2026

A 5126: Requires multiple dwelling building owners to provide notice to tenants and tenant associations of certain sales and provides tenant association with opportunity to purchase multiple dwelling.

This bill requires owners of multiple dwelling buildings in New Jersey to notify tenants and tenant associations before certain sales, such as those involving mortgages or short sales. It grants tenant associations the right to purchase the building if at least 51% of the occupied units are represented by the association. If a tenant association decides to buy the property, they can use a designated nonprofit, housing authority, or a joint venture to secure the financing and ensure the building remains affordable. The law defines specific terms like "multiple dwelling" and "inclusionary development" to clarify which properties and housing outcomes are covered.

Topics ✓ Housing

Sub-Topics Property Development Tenant Rights

in committee · New Jersey · General Assembly May 4, 2026

A 4816: Revises "Administrative Procedure Act" concerning socio-economic impact statements for proposed rule-making.

This bill amends New Jersey's Administrative Procedure Act to require state agencies to prepare and publish detailed statements analyzing the socio-economic impacts of proposed rules. Specifically, agencies must include assessments of job creation or loss, effects on agriculture, housing affordability, smart growth development, and racial and ethnic community criminal justice outcomes. The legislation also mandates that these documents be made available online and distributed to the public alongside the standard notice of proposed rule-making. By formalizing these requirements, the bill aims to ensure that citizens and stakeholders receive clearer information about how new regulations might affect their communities before rules are finalized.

Topics ✓ Criminal Justice ✓ Housing

Sub-Topics Affordable Housing Property Development

in committee · New Jersey · Senate Mar 5, 2026

S 3718: Reduces parking spaces required in Statewide site improvement standards at residential developments relative to development's proximity to public transportation.

This bill requires New Jersey to reduce the number of parking spaces needed for new residential developments based on how close they are to public transportation. Developments located within a quarter-mile of transit services would need 50% fewer parking spots, while those between a quarter-mile and half-mile would need 30% fewer, and those between half-mile and one mile would need 20% fewer. The changes apply to on- and off-street parking and specifically target areas near rail, bus routes, or ferry terminals. The Commissioner of Community Affairs must update the state's building standards to reflect these new requirements.

Topics ✓ Environment ✓ Housing ✓ Transportation

Sub-Topics Property Development Public Transit Rail

in committee · New Jersey · General Assembly Mar 16, 2026

A 4697: Makes FY2026 supplemental appropriation of $30 million to DCA for Neighborhood Revitalization Tax Credit program.

This bill allocates an additional $30 million from New Jersey's General Fund to the Department of Community Affairs for the Neighborhood Revitalization Tax Credit program in fiscal year 2026. The funding will support nonprofit organizations that implement approved plans to improve low and moderate income neighborhoods through local development projects. The program operates by allowing businesses to receive tax credits when they invest in these qualifying revitalization initiatives, with the bill providing the state funding needed to sustain this mechanism.

Topics ✓ Budget & Taxes ✓ Housing

Sub-Topics Appropriations State Budget Tax Credits Community Development Property Development

in committee · New Jersey · General Assembly Mar 19, 2026

ACR 138: Proposes amendment to New Jersey Constitution to prohibit exclusionary zoning and clarify municipal obligations regarding affordable housing construction.

This bill proposes a constitutional amendment to New Jersey that would prohibit municipalities from using exclusionary zoning practices that prevent the development of low and moderate income housing. The amendment clarifies that while towns cannot restrict housing options for lower-income residents, they are not required to actually build or fund affordable housing units themselves. This change would shift legal remedies from forcing specific housing projects to allowing courts to strike down discriminatory zoning ordinances instead. The measure would affect all New Jersey municipalities and aims to address long-standing housing disputes under the Mount Laurel doctrine by limiting what local governments must do regarding affordable housing construction.

Topics ✓ Housing

Sub-Topics Affordable Housing Property Development Zoning

in committee · New Jersey · General Assembly Mar 19, 2026

A 4765: Establishes additional factors for municipal adjustment used in calculating fair share affordable housing obligations; provides population-based cap for housing obligations.

This bill modifies how New Jersey municipalities calculate their affordable housing obligations by adding specific factors that can reduce the amount of land counted as available for development. It directly affects towns and cities that must meet state-mandated fair share housing requirements, allowing them to exclude certain types of land from their calculations. The key provisions include excluding government-owned land dedicated to public purposes, conservation areas, small private parcels, historic sites, agricultural land with development restrictions, environmentally sensitive areas, and lands where infrastructure or school capacity would be significantly strained. Additionally, the bill eliminates the Council on Affordable Housing and requires municipalities to determine their housing obligations using updated formulas that consider these new adjustment factors.

Topics ✓ Environment ✗ Housing

Sub-Topics Conservation Affordable Housing Property Development

in committee · New Jersey · General Assembly Mar 19, 2026

A 4763: Requires DCA to calculate affordable housing obligations on Statewide growth-share calculation method.

This bill requires New Jersey's Department of Community Affairs to calculate affordable housing obligations using a statewide growth-share method instead of individual municipal calculations. It treats the entire state as a single housing region, determining housing needs over a 10-year period based on residential and non-residential development growth across the state. The calculation method includes foreclosed and abandoned properties, excludes new housing starts during administrative rule gaps, and caps new obligations at five percent of the existing statewide housing stock. Additionally, the bill directs the Commissioner of Community Affairs to update existing deadlines to ensure prompt implementation and repeals two previous sections related to municipal housing obligations.

Topics ✓ Housing

Sub-Topics Affordable Housing Property Development

in committee · New Jersey · General Assembly Mar 23, 2026

A 4797: Requires Department of Banking and Insurance to examine and rate lending institutions with regards to lending, investments, and services provided to low- and moderate-income consumers.

This bill requires New Jersey's Department of Banking and Insurance to evaluate and rate financial institutions based on how well they serve low- and moderate-income consumers through lending, investments, and services. The law mandates that banks and credit unions develop community benefits plans with measurable goals for providing financial products to underserved areas and defines specific activities that count as community development, such as affordable housing, small business financing, and climate resilience projects. Financial institutions must demonstrate they meet the needs of the communities where they operate, and the Department will use these ratings to encourage continued support for local economic needs while ensuring safe and sound banking practices.

Topics ✓ Housing

Sub-Topics Affordable Housing Community Development Property Development

in committee · New Jersey · General Assembly Jan 13, 2026

A 2940: Prohibits condemnation of farmland actively supporting agricultural or horticultural production for purpose other than agricultural or horticultural production.

This bill prohibits the use of eminent domain to take farmland actively used for agriculture or horticulture (such as crop farming or gardening) for non-agricultural purposes, like residential or commercial development. It amends New Jersey's eminent domain law (P.L.1971, c.361) to block condemnation if the intended use is non-farming, while allowing condemnation for agricultural or horticultural purposes. The law applies immediately to all future condemnation actions and does not change existing negotiation or appraisal requirements for land acquisition. This change specifically targets the protection of active farmland from being converted to non-farming uses through eminent domain.

Topics ✗ Housing

Sub-Topics Property Development

All housing bills