New Jersey caps a residential security deposit at 1.5 times one month's rent, and any later additional deposit may rise by no more than 10% per year. After a tenancy ends, the landlord must return the deposit plus the tenant's interest, minus itemized deductions, within 30 days. Wrongful withholding exposes the landlord to double damages.
Under N.J.S.A. 46:8-21.2, an owner "may not require more than a sum equal to 1 1/2 times 1 month's rental" as a deposit, and additional security collected later "shall not be greater than 10 percent of the current security deposit" annually. The deposit must be held in an interest-bearing account, with the interest belonging to the tenant (46:8-19). Under 46:8-21.1, within 30 days after the lease terminates the landlord must return the deposit plus the tenant's share of interest, "less any charges expended," by personal delivery or certified mail, and "the interest or earnings and any such deductions shall be itemized." Deposits drop to five business days where a tenant is displaced by fire, flood, condemnation, or evacuation.
Under N.J.S.A. 46:8-21.1, in a tenant's successful action for return of the deposit the court "shall award recovery of double the amount of said moneys, together with full costs of any action and, in the court's discretion, reasonable attorney's fees." A landlord who fails to invest the deposit or send required notices lets the tenant apply the deposit plus 7% interest to rent (46:8-19).
Other ordinances people look up for this city. Green dot = verified primary-source excerpt.
Galloway Township, NJ
Galloway Township does not prohibit backyard composting, and New Jersey encourages it. Home compost of yard trimmings and vegetable scraps is allowed, provid...
Galloway Township, NJ
Galloway Township has no ordinance specifically banning or regulating residential artificial turf. Synthetic lawns are generally allowed, but any project alt...
Galloway Township, NJ
Galloway Township requires landscaping on development and site plans under Chapter 233, and because most of the Township lies in the Pinelands Area, planting...
Galloway Township, NJ
Galloway Township sets no ordinance prohibiting rain barrels or rainwater collection, and New Jersey encourages it. Residential rain barrels for lawn and gar...
Galloway Township, NJ
Galloway Township does not publish its own standing lawn-watering ordinance. Watering limits come from the State (NJDEP) during declared drought conditions a...
Galloway Township, NJ
Galloway Township's Property Maintenance Code bars weeds or plant growth over 10 inches on residential lots (6 inches for commercial/multifamily). "Weeds" me...
See how Galloway Township's security deposit rules rules stack up against other locations.
Help us keep this page accurate. If you notice an error or outdated information, let us know.