S 2624 New Jersey Senate · 2026-2027 Regular Session

Prohibits facilitation of agreements among rental property owners who restrict competition with respect to residential dwelling units.

This bill prohibits rental property owners and software companies from using technology that coordinates rent increases across multiple properties. It specifically bans "coordinating functions" where software collects real-time pricing data from multiple landlords, analyzes it with algorithms, and recommends uniform rent prices - effectively enabling tacit price-fixing agreements. The law applies to all residential rental properties (excluding certain facilities) and makes such coordination a violation of New Jersey’s Antitrust Act. Enforcement would occur through existing antitrust mechanisms, with education efforts to inform tenants about suspected violations.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026 Last action Jan 13, 2026
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Jan 13, 2026
Introduced
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee
upper
2 primary · 1 co-sponsor

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