Prohibits use and sale of algorithmic devices for setting rent price or occupancy of residential dwelling units.

This bill prohibits landlords and software sellers from using or providing algorithmic devices that set, recommend, or advise on rents or occupancy rates for residential properties in New Jersey. It directly affects landlords (including large corporate owners) and companies that develop or sell such software, banning tools that analyze non-public competitor data to influence pricing. The law defines "algorithmic device" to exclude software using public data or affordable housing program guidelines, ensuring it doesn’t restrict standard rent-setting practices. Violations carry civil penalties up to $1,000 per violation, with the Attorney General able to seek damages or injunctions.