Regulates institutional investor activities related to ownership of single-family homes, including purchase and lease; supports certain homebuyer assistance programs.
This bill regulates how large investment firms (defined as "institutional investors") can buy, own, or lease single-family homes in New Jersey. It requires these investors to register with the state's Community Affairs Commissioner and restricts them from purchasing homes that are actively listed for sale on public real estate databases. The bill explicitly excludes nonprofits focused on affordable housing, family trusts, and family-owned limited liability companies from these regulations. It also includes provisions to support existing homebuyer assistance programs, aiming to increase housing options for low- and moderate-income residents.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 2, 2026
Last action Feb 2, 2026
Floor votes
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No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Feb 2, 2026
Introduced
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee
upper
2 primary · 0 co-sponsors
Sponsors
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