Housing in New Jersey | MyRepTracker

in committee · New Jersey · General Assembly Jun 23, 2026

A 5306: Modifies capital reserve funding requirement for associations of planned real estate developments.

This bill modifies funding rules for homeowners associations in planned real estate developments in New Jersey. It requires these associations to conduct professional reserve studies every five years to estimate the costs of repairing or replacing shared building components. The studies must include detailed financial projections over 30 or 35 years, ensuring the community's savings account does not drop below zero. Associations with less than $25,000 in common area capital assets are exempt from these requirements.

Topics ✓ Housing

in committee · New Jersey · Senate Jun 22, 2026

S 4502: Authorizes State acquisition of certain real property to expand affordable, rapid, and transitional housing options; makes appropriation.

This bill authorizes the State of New Jersey to use eminent domain to acquire private real property in the state's five most populous cities to address a severe housing shortage. The acquired land will be used to build affordable, rapid-rehousing, and transitional housing facilities specifically designed to assist formerly incarcerated individuals, families displaced by natural disasters, and those currently experiencing homelessness. The legislation also includes an appropriation of funds to support these construction and operational efforts, aiming to provide stable living environments and necessary supportive services. By creating publicly owned housing hubs in major urban centers, the bill seeks to alleviate the strain on existing shelters and improve access to resources for vulnerable populations.

Topics ✓ Budget & Taxes ✓ Housing

Sub-Topics Appropriations Homelessness

in committee · New Jersey · General Assembly Jun 4, 2026

A 5198: Facilitates changes to certain terms of State or federal tenant-based housing subsidy due to increase in household members, emergency conditions, and financial barriers faced by head-of-household.

This bill allows families receiving New Jersey or federal housing subsidies to adjust their assistance when their household size increases due to events like having a baby or adopting a child. It creates a streamlined process for these families to update their subsidy amount and the size of the apartment they can rent without losing their benefits. Additionally, the legislation enables an expedited change in who is listed as the head of household if emergencies or financial issues, such as poor credit history, prevent the current head from keeping the housing. To further protect families, the bill prohibits landlords from running credit checks on other household members during the rental application process, ensuring that only the designated head-of-household faces those screening requirements.

Topics ✓ Housing

Sub-Topics Housing Finance Renters

in committee · New Jersey · General Assembly Jun 15, 2026

A 5257: Prohibits certain entities from acquiring single family home within first 60 days on market.

This bill prohibits certain large investment entities from buying single-family homes during the first 60 days they are listed for sale. The law defines these restricted entities as those that pool capital to invest in real estate, such as private equity firms and venture capital investors, while excluding individual buyers and employees. By imposing this waiting period, the legislation aims to prevent institutional investors from quickly removing homes from the market and competing with regular buyers. The measure directly affects real estate investors and the individuals trying to purchase homes in New Jersey.

Topics ✓ Housing

in committee · New Jersey · General Assembly Jun 15, 2026

A 5281: Requires DMVA to provide mortgage loan counseling under certain circumstances.

This bill requires the New Jersey Department of Military and Veterans' Affairs to offer mortgage loan counseling to veterans applying for home loans guaranteed by the federal G.I. Bill. Under the new rules, lenders must provide a specific form confirming that eligible applicants have been offered these counseling services, which include a review of loan terms and other relevant information. The program is designed to assist veterans in understanding the conditions of their housing loans, and it applies to all residents of New Jersey who have been honorably discharged from the armed forces.

Topics ✓ Housing ✓ Veterans

Sub-Topics Mortgages Veteran Education Veteran Housing Veteran Mental Health

in committee · New Jersey · General Assembly Jun 23, 2026

A 5312: Concerns New Jersey 2-1-1 information and referral system; makes appropriation.

This bill updates New Jersey's 2-1-1 information and referral system to require operators to actively connect callers with service providers rather than just giving them phone numbers. It mandates that specialists use "warm handoffs," such as direct phone transfers or appointment scheduling, to link individuals needing help with health, housing, and food resources when possible. To support these changes, the legislation requires the state to invest in technology that allows for real-time availability checks and tracks whether referrals successfully lead to service connections. Service providers are asked to participate in this coordinated system and keep their availability information current, while the Department of Human Services must submit annual reports on the program's effectiveness. The bill also authorizes the necessary funding and gives the department power to create rules for implementing these new operational standards.

Topics ✓ Budget & Taxes ✓ Housing ✓ Technology

Sub-Topics Appropriations

in committee · New Jersey · General Assembly Jun 28, 2026

ACR 155: Proposes constitutional amendment to exempt certain taxpayers from payment of property taxes.

This bill proposes a constitutional amendment to exempt certain senior citizens from paying property taxes on their primary residences. Under the plan, individuals who are 80 years of age or older would qualify for this exemption if they own and live in the home. Additionally, a surviving spouse of an eligible senior citizen could continue to receive the tax break if they are at least 75 years old, remain unmarried, and continue to own and occupy the same primary residence. If approved by voters, this change would require the state legislature to pass a specific law to establish the details of the exemption.

Topics ✓ Budget & Taxes ✓ Housing

Sub-Topics Property Tax Tax Incentives Property Taxes Tags Seniors

in committee · New Jersey · Senate Jun 8, 2026

S 4418: Revises Commission on Women Veterans.

This bill creates the Commission on Women Veterans within the New Jersey Department of Veterans Affairs to study and address the specific needs of women veterans, including housing, healthcare, and job training. The commission will consist of 15 members, nine of whom must be women veterans, along with representatives from various military branches and veteran organizations, all appointed by the Governor. Members will serve without pay but can receive expense reimbursements, and the commission is required to meet at least quarterly to review policies and make recommendations to improve services for women veterans.

Topics ✓ Housing ✓ Veterans

in committee · New Jersey · Senate Jun 15, 2026

S 4453: Requires owner of transient accommodation to be present at transient accommodation during short-term rental; establishes short-term rental agreement limit.

This New Jersey bill requires owners of short-term rentals to be physically present at their property while guests stay, unless the rental lasts longer than 30 days or a written agreement states otherwise. It also limits each property to only one active short-term rental agreement at any given time. Owners who fail to follow these rules face a $1,000 fine for each violation, which can be enforced through a summary court proceeding. The law defines "transient accommodations" to include homes rented via online marketplaces or professionally managed units, while excluding hotels, schools, and long-term leases of 90 days or more.

Topics ✗ Housing

in committee · New Jersey · General Assembly Jun 28, 2026

A 5346: Authorizes payment of relocation costs under Blue Acres program.

This bill amends the New Jersey Blue Acres program to explicitly authorize the payment of relocation costs for households affected by storm damage or flooding. The legislation clarifies that "Blue Acres costs" include direct payments, advances, or bridge loans provided to residents to help them move from properties that are damaged or prone to future storm-related damage. By updating the legal definition of expenses covered under the program, the bill ensures that funds can be used for these specific relocation needs without requiring separate approval from the Division of Property Management and Construction. The changes directly impact homeowners and renters in areas targeted by the Blue Acres initiative, allowing the state to more efficiently support their transition to new housing.

Topics ✓ Housing

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