This bill prohibits landlords from conducting "hard credit inquiries" (which can lower a tenant's credit score) when screening applicants for affordable housing, defined as low- or moderate-income households with housing subsidies or applying to subsidized units. Landlords may only use "soft credit inquiries" (consent-based, with no score impact) for these applicants. Violations incur escalating fines: $100 for the first offense in a year, then $200 more for each subsequent offense. The bill also requires consumer reporting agencies to count multiple hard inquiries within one month for rental applications as a single inquiry to prevent score damage, and mandates the housing department to post online resources about these rules within six months.
This bill defines accessory dwelling units (ADUs) as second homes attached or detached from a main single-family dwelling, requiring them to be at least 30% of the main unit’s size or 1,000 square feet. It prohibits municipalities from banning ADUs on single-family lots or imposing restrictions like passageways between units, separate utility billing, minimum age requirements, or limits on occupants’ relationships. Homeowners and local governments are directly affected, as the bill standardizes ADU rules statewide while allowing municipalities to limit short-term rentals. The bill does not override building codes or require sprinklers in ADUs if the main house is exempt. (Bill A 3710, introduced 2026-01-13)
This bill creates a faster court process for lenders to foreclose on residential properties deemed "vacant and abandoned," directly affecting mortgage lenders and owners of such properties. It defines "vacant and abandoned" through specific evidence (e.g., overgrown vegetation, disconnected utilities, neighbor reports), removes the requirement to serve a "notice to cure" for these cases, and mandates two documented service attempts on the property. The expedited process applies only to uncontested cases where the court confirms abandonment via clear evidence and no defense is filed. This change streamlines foreclosures for properties meeting strict criteria but does not override other foreclosure procedures or apply to timeshares.
This bill revises New Jersey's tax lien foreclosure process to require returning excess property equity to owners after liens are foreclosed. It directly affects property owners whose tax liens were foreclosed under current law, which allowed lienholders (municipalities or private entities) to keep all proceeds from property sales beyond unpaid taxes plus interest. The key provision mandates that courts must order lienholders to return any excess equity to the former owner once the lienholder is reimbursed for the taxes, interest, and costs they paid. This change responds to court rulings finding the prior practice unconstitutional under both the U.S. Fifth Amendment and New Jersey's Constitution, which prohibit uncompensated taking of property. The bill aims to align New Jersey law with the Supreme Court's Tyler v. Hennepin County decision and recent state appellate rulings.
This bill redirects 50% of existing revenue from two specific taxes on high-value real estate transactions to the Affordable Housing Trust Fund. It applies to sellers of residential, commercial, farm, or cooperative properties sold for over $1 million, as well as certain commercial property transfers involving controlling interests exceeding $1 million. Currently, these revenues go to the General Fund; this bill mandates that half be instead deposited annually into the housing trust fund to support affordable housing programs. The change would take effect July 1 following enactment.
This bill creates a single online application portal for New Jersey residents to pre-apply for multiple affordable housing options (rental, for-sale, temporary, and priority housing) across the state. It consolidates 10 separate housing subsidy programs - including Section 8 vouchers, rental assistance, and homeless prevention programs - into one application that can determine final eligibility. The portal will let applicants select specific municipalities or regions and replace the current system where residents must submit duplicate applications for each program. This change aims to simplify the process for low-income residents seeking housing assistance.
This bill proposes a constitutional amendment to expand New Jersey's homestead property tax rebate program. It would allow honorably discharged veterans who served in wartime or emergencies, plus their unmarried surviving spouses (including spouses of veterans who died while on active duty), to receive the same larger rebate currently available to seniors (65+) and disabled residents. The change would extend eligibility to approximately 330,000 veterans and surviving spouses who currently qualify only for a $50 property tax deduction. The amendment requires voter approval before implementing this expanded rebate program.
This bill would generally prohibit "institutional investors" (large investment firms or entities controlling multiple properties) from purchasing or acquiring single-family homes in New Jersey, including townhomes. It defines "institutional investor" to exclude small investors owning four or fewer homes, nonprofits providing affordable housing, family trusts, and entities acquiring homes through foreclosure or eminent domain. The law applies to all single-family home purchases unless exempted under specific provisions, such as for nonprofits serving affordable housing or small-scale investors. It does not affect individual homebuyers or most standard real estate transactions.
This bill allows New Jersey municipalities to earn credits toward their state-mandated affordable housing requirement by transferring unspent development fees to the New Jersey Affordable Housing Trust Fund. Specifically, if a municipality fails to spend collected fees within four years, it must transfer the remaining balance to the state fund and receives one credit per unit toward its housing obligation. The fees - collected from residential developers - must be used for approved affordability programs like down payment assistance, rent subsidies, or low-income unit affordability measures, with no more than 20% allocated to administration. It directly affects all New Jersey municipalities required to meet fair share housing goals under state law.
This bill creates the Blue Acres Buyout Fund within New Jersey's Department of Environmental Protection (DEP), appropriating $25 million from the General Fund. The fund will provide relocation assistance to homeowners and tenants displaced by Blue Acres property acquisitions, cover the state's costs for purchasing flood-prone lands under the Blue Acres program, and pay for program administration (limited to 5% of annual funds). It directly affects residents in flood-prone areas who may be relocated due to these acquisitions. The fund operates as a nonlapsing, revolving account managed by the DEP.
