ACR 66 proposes a constitutional amendment to increase the annual income limit for New Jersey residents to qualify for a property tax deduction. It directly affects seniors (65+ years) and permanently disabled residents who own or rent housing in the state. The bill would raise the current income cap from $10,000 to $15,000 per year for eligibility, effective in 2023. This change updates a limit that has remained unchanged since 1983, when it increased from $9,000 to $10,000.
New Jersey bill A3314 limits annual increases to association dues for unit owners in planned real estate developments to 10% per year. The law prevents association boards from raising dues more than 10% above the prior year's amount, excluding late fees or interest. Unit owners can report violations to the Consumer Affairs Division for investigation or file lawsuits seeking $1,000 penalties per violation plus refunds for excessive payments. Exceptions include dues hikes required for compliance with other laws or commissioner-approved increases.
This bill increases the annual income limit for New Jersey seniors (65+) and permanently disabled residents to qualify for a $250 property tax deduction from $10,000 to $15,000. It directly affects eligible homeowners aged 65+ or disabled individuals with household incomes under $15,000 who own or rent their primary residence. The key change is raising the income threshold while keeping the maximum deduction amount fixed at $250 per year. The bill requires voter approval of a constitutional amendment before taking effect.
This bill creates a certification process for nonprofits that help low- and moderate-income residents build or rehabilitate homes through sweat equity (where future occupants contribute labor instead of money). It waives certain regulatory requirements for these certified nonprofits, including adaptability rules for housing units and marketing mandates for municipalities to count sweat equity homes toward affordable housing obligations. The bill also allows certified nonprofits to use their own affordability controls instead of state-mandated standards and directs state offices to expedite assistance for these projects. It directly affects low- and moderate-income households seeking affordable housing and the nonprofits facilitating their home construction.
This New Jersey Assembly Resolution (AR 77) urges Congress to pass federal legislation requiring mortgage lenders to count rent payments as part of credit assessments when evaluating homebuyers. It directly aims to help lower-income renters - particularly people of color with limited credit history - who consistently pay rent but are currently excluded from mortgage approvals due to lack of traditional credit. The resolution cites Fannie Mae's data showing 17% of previously disqualified applicants (many from marginalized groups) could qualify for mortgages if rent history were considered. It emphasizes that federal law currently blocks states from mandating this practice, making Congressional action necessary to expand homeownership opportunities.
This bill allows surviving spouses to claim a partial homestead property tax reimbursement for the days their deceased spouse lived during the tax year, even if the surviving spouse doesn't meet the standard eligibility requirements. Currently, reimbursement eligibility must be met as of December 31 of the tax year, which prevents surviving spouses from claiming any reimbursement if the deceased spouse died earlier in the year. The bill creates a pro-rata claim based on the number of days the deceased spouse lived (including the date of death) during the tax year. It directly affects surviving spouses of deceased New Jersey residents who previously qualified for the homestead tax reimbursement but are now ineligible themselves. The change takes effect immediately upon enactment.
This bill establishes a 24-month pilot program that provides monthly cash payments to up to 300 New Jersey households struggling with rent burden (rent as a percentage of income) and at risk of eviction. Eligible households will be selected via a random lottery by county, based on criteria including income, rent burden, and eviction risk. The Department of Community Affairs will administer the program, calculating monthly payments based on each household’s rent burden and income, with payments starting eight months after enactment and continuing for 24 months. The program uses state funds to cover administrative costs, outreach, and the cash transfers, and includes a post-program survey to collect data from participants and applicants.
This bill (A2797) prohibits real estate sellers from requiring buyers to pay the realty transfer fee that state law legally requires sellers to pay. It directly affects buyers and sellers in property transactions by preventing sellers from shifting this cost to buyers through contracts. The key mechanism allows buyers to sue sellers who violate this rule, recovering the fee they paid plus $1,000 and their legal costs. The law reaffirms that sellers, not buyers, are statutorily responsible for this fee under existing New Jersey law.
This bill revises foreclosure sale procedures for residential properties in New Jersey, directly affecting sheriffs, lenders, homeowners, and nonprofit community development corporations (CDCs). Key changes include requiring sheriffs to sell foreclosed properties within 150 days, mandating specific notice rules (including Fair Debt Collection Act compliance), and establishing a 3.5% deposit requirement for nonprofits or residents who plan to occupy the property for 84+ months. It also prohibits lenders from delaying sales if a nonprofit or homeowner intends to bid, and requires disclosure of property occupancy status before sale. The bill amends existing law (P.L.1995, c.244) and is currently pending in committee (introduced Jan. 2026).
This bill prohibits sewerage authorities in New Jersey from charging new connection or tapping fees when redeveloping property that has been connected to the sewer system for 20 or more years. It applies even if the property was inactive for a period or if the redevelopment requires modifying the existing sewer connection. Property owners who paid such fees in protest before the law took effect are entitled to reimbursement from the sewerage authority. The law aims to reduce financial barriers to redeveloping vacant or obsolete properties that already contributed to the sewer system through prior fees or usage.
