Housing (Property Development) in New Jersey

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

A 5126: Requires multiple dwelling building owners to provide notice to tenants and tenant associations of certain sales and provides tenant association with opportunity to purchase multiple dwelling.

This bill requires owners of multiple dwelling buildings in New Jersey to notify tenants and tenant associations before certain sales, such as those involving mortgages or short sales. It grants tenant associations the right to purchase the building if at least 51% of the occupied units are represented by the association. If a tenant association decides to buy the property, they can use a designated nonprofit, housing authority, or a joint venture to secure the financing and ensure the building remains affordable. The law defines specific terms like "multiple dwelling" and "inclusionary development" to clarify which properties and housing outcomes are covered.

Topics ✓ Housing

Sub-Topics Property Development Tenant Rights

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

A 4816: Revises "Administrative Procedure Act" concerning socio-economic impact statements for proposed rule-making.

This bill amends New Jersey's Administrative Procedure Act to require state agencies to prepare and publish detailed statements analyzing the socio-economic impacts of proposed rules. Specifically, agencies must include assessments of job creation or loss, effects on agriculture, housing affordability, smart growth development, and racial and ethnic community criminal justice outcomes. The legislation also mandates that these documents be made available online and distributed to the public alongside the standard notice of proposed rule-making. By formalizing these requirements, the bill aims to ensure that citizens and stakeholders receive clearer information about how new regulations might affect their communities before rules are finalized.

Topics ✓ Criminal Justice ✓ Housing

Sub-Topics Affordable Housing Property Development

in committee · New Jersey · Senate Mar 5, 2026

S 3718: Reduces parking spaces required in Statewide site improvement standards at residential developments relative to development's proximity to public transportation.

This bill requires New Jersey to reduce the number of parking spaces needed for new residential developments based on how close they are to public transportation. Developments located within a quarter-mile of transit services would need 50% fewer parking spots, while those between a quarter-mile and half-mile would need 30% fewer, and those between half-mile and one mile would need 20% fewer. The changes apply to on- and off-street parking and specifically target areas near rail, bus routes, or ferry terminals. The Commissioner of Community Affairs must update the state's building standards to reflect these new requirements.

Topics ✓ Environment ✓ Housing ✓ Transportation

Sub-Topics Property Development Public Transit Rail

in committee · New Jersey · General Assembly Mar 16, 2026

A 4697: Makes FY2026 supplemental appropriation of $30 million to DCA for Neighborhood Revitalization Tax Credit program.

This bill allocates an additional $30 million from New Jersey's General Fund to the Department of Community Affairs for the Neighborhood Revitalization Tax Credit program in fiscal year 2026. The funding will support nonprofit organizations that implement approved plans to improve low and moderate income neighborhoods through local development projects. The program operates by allowing businesses to receive tax credits when they invest in these qualifying revitalization initiatives, with the bill providing the state funding needed to sustain this mechanism.

Topics ✓ Budget & Taxes ✓ Housing

Sub-Topics Appropriations State Budget Tax Credits Community Development Property Development

in committee · New Jersey · General Assembly Mar 19, 2026

ACR 138: Proposes amendment to New Jersey Constitution to prohibit exclusionary zoning and clarify municipal obligations regarding affordable housing construction.

This bill proposes a constitutional amendment to New Jersey that would prohibit municipalities from using exclusionary zoning practices that prevent the development of low and moderate income housing. The amendment clarifies that while towns cannot restrict housing options for lower-income residents, they are not required to actually build or fund affordable housing units themselves. This change would shift legal remedies from forcing specific housing projects to allowing courts to strike down discriminatory zoning ordinances instead. The measure would affect all New Jersey municipalities and aims to address long-standing housing disputes under the Mount Laurel doctrine by limiting what local governments must do regarding affordable housing construction.

Topics ✓ Housing

Sub-Topics Affordable Housing Property Development Zoning

in committee · New Jersey · General Assembly Mar 19, 2026

A 4763: Requires DCA to calculate affordable housing obligations on Statewide growth-share calculation method.

This bill requires New Jersey's Department of Community Affairs to calculate affordable housing obligations using a statewide growth-share method instead of individual municipal calculations. It treats the entire state as a single housing region, determining housing needs over a 10-year period based on residential and non-residential development growth across the state. The calculation method includes foreclosed and abandoned properties, excludes new housing starts during administrative rule gaps, and caps new obligations at five percent of the existing statewide housing stock. Additionally, the bill directs the Commissioner of Community Affairs to update existing deadlines to ensure prompt implementation and repeals two previous sections related to municipal housing obligations.

Topics ✓ Housing

Sub-Topics Affordable Housing Property Development

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

A 4797: Requires Department of Banking and Insurance to examine and rate lending institutions with regards to lending, investments, and services provided to low- and moderate-income consumers.

This bill requires New Jersey's Department of Banking and Insurance to evaluate and rate financial institutions based on how well they serve low- and moderate-income consumers through lending, investments, and services. The law mandates that banks and credit unions develop community benefits plans with measurable goals for providing financial products to underserved areas and defines specific activities that count as community development, such as affordable housing, small business financing, and climate resilience projects. Financial institutions must demonstrate they meet the needs of the communities where they operate, and the Department will use these ratings to encourage continued support for local economic needs while ensuring safe and sound banking practices.

Topics ✓ Housing

Sub-Topics Affordable Housing Community Development Property Development

in committee · New Jersey · General Assembly Jan 13, 2026

A 939: Establishes grant program for homeless veterans shelters.

This bill creates a grant program to help homeless veterans in Atlantic, Cape May, and Cumberland counties by funding the development of shelters. Counties must apply for grants by proposing specific locations and offering property for the state to build and operate shelters. Grants are available only if the legislature appropriates funds and are awarded based on criteria set by the state's Adjutant General. The program aims to improve access to shelter services for homeless veterans who face geographic barriers in southern New Jersey.

Topics ✓ Housing ✓ Veterans

Sub-Topics Homelessness Property Development Veteran Housing

in committee · New Jersey · Senate Feb 9, 2026

S 3406: Permits association of planned real estate development to file application with Department of Community Affairs to lower reserve fund obligations based on risk-mitigating features of development.

This bill (S 3406) would allow associations of planned real estate developments to apply to New Jersey's Department of Community Affairs (DCA) to reduce their required reserve funds. It permits reductions based on "risk-mitigating features" of the development, such as lacking high-rise or multifamily structures, which lower the likelihood of needing major capital repairs. The DCA would establish rules defining eligible features and the application process. This change would directly affect homeowners' associations in planned developments by potentially lowering their annual reserve fund contributions. The bill amends existing law (P.L.2023, c.214) but remains pending legislation, not yet enacted.

Topics ✓ Housing

Sub-Topics Property Development

in committee · New Jersey · General Assembly Jan 13, 2026

A 3488: Concerns development of accessory dwelling units and related municipal land use regulations.

This New Jersey bill (A 3488) requires municipalities to allow accessory dwelling units (ADUs) - secondary housing units like in-law apartments or backyard cottages - in single-family and two-family residential zones. It mandates that local land use regulations permit ADUs as a "permitted use as of right," removing barriers such as excessive parking requirements, owner-occupancy mandates, or restrictions on occupant relationships. The bill also requires automatic approval (ministerial action) for ADU applications without public hearings, while prohibiting municipalities from imposing additional fees or fire sprinkler requirements beyond those for the main dwelling. It directly affects homeowners seeking to build ADUs, municipalities updating zoning rules, and renters who may benefit from expanded housing options within existing neighborhoods. The bill is pending before the Assembly Housing Committee as of January 2026.

Topics ✓ Housing

Sub-Topics Land Use Property Development Zoning

All housing bills