New Jersey · Security deposit
How big can the deposit be in New Jersey?
Max 1.5 months' rent.
They must return it within 30 days of move-out, with interest.
Why, and the exact law
Depends on the number of units or whether the owner lives in the building.
From the State of New Jersey, read Oct 1, 2026. Show the law
“The maximum-security deposit to be collected by the landlord cannot be more than
one and one-half times one month’s rent ( N.J.S.A. 46:8-21.2 ). …”
N.J.S.A. 46:8-21.2 · nj.gov · found word for word in the source Every rule here, word for word (1)
This page covers state law only. Cities with their own rules have their own pages.
New Jersey lawDepends on the building
NJ Security Deposit Law – cap, handling, interest and return
How big can the deposit be?
Max 1.5 months' rent.
They must return it within 30 days of move-out, with interest.
Depends on the number of units or whether the owner lives in the building.
Who it covers
- Not owner-occupied buildings with 3 units or fewer.
- Exemptions: Owner-occupied two- or three-family dwellings unless the tenant sends a written request; interest rules do not apply to seasonal rentals.
“The maximum-security deposit to be collected by the landlord cannot be more than
one and one-half times one month’s rent ( N.J.S.A. 46:8-21.2 ). …”
N.J.S.A. 46:8-21.2 · nj.gov · Retrieved Oct 1, 2026
Quote checked word for word
Rental law by cityWhat's changing in New Jersey
Information about the law, not legal advice.