Housing

This bill establishes clear standards for courts to determine if a rent increase is "unconscionable" (extremely unfair), directly affecting landlords and tenants in New Jersey. Courts must consider factors like the rent amount, landlord expenses, comparable local rents (including HUD data), tenant bargaining power, and property condition, with landlords bearing the burden of proof. It also excludes certain eviction court records from public access - specifically dismissed cases and cases where possession was granted over seven years ago - while exempting rent-controlled properties or regulated housing programs. The law codifies existing court practices to provide consistent, objective criteria for rent disputes.