States/New Jersey/Security Deposit
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New Jersey renter guide

New Jersey Security Deposit Rules (2026)

New Jersey has a detailed security-deposit regime: a general cap of one and one-half months’ rent, trust or interest-bearing account requirements, annual interest or earnings rules, and a general 30-day return and itemization deadline after lease termination.

Last reviewed: August 30, 20262 official sources cited
General deposit cap1.5 months’ rent

N.J.S.A. 46:8-21.2.

General return/itemization30 days

After termination of the tenant’s lease or license agreement.

Ordinary wearNot a damage deduction

DCA guidance states landlords may deduct for property damage beyond ordinary wear and tear and amounts due under the lease.

Small owner-occupied exceptionUp to 2 rental units

The Act generally excludes qualifying owner-occupied premises unless the tenant gives 30 days written notice invoking the Act.

What to gather

  • Lease termination date.
  • Security deposit receipt and bank/account notice.
  • Annual interest or earnings records.
  • Itemized deduction statement.
  • Move-in and move-out condition evidence.

New Jersey has special shorter timelines

The ordinary 30-day rule is not the only timeline. The statute has shorter rules for certain displacement events and domestic-violence lease terminations, so those situations should be reviewed separately.

Compare this topic across states

Check the exact statutory category. New Jersey has special deposit timelines for defined displacement and lease-termination situations. Do not replace the ordinary 30-day rule with a shorter period unless the statutory conditions actually apply.

Official sources

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