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  1. #1
    Join Date
    Mar 2013
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    18,340

    Default Re: Rent Increase in New Jersey 16.67%

    Quote Quoting blue eyes 63
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    This is an increase of 16.67%. Is this legal?
    I'm assuming that you are not in a rent controlled area, or you would have mentioned it.

    There doesn't appear to be "a" law (statute) addressing unconscionable rent increases. It's a matter of case law.

    I found one site (there are many) that provides the following criteria for determining whether a given rent increase is unconscionable:

    The actual amount of the rent increase;
    The financial circumstances of the landlord (i.e., their revenue, profit, costs, etc.);
    How the new rent compares to the rent of other similar units in the general location;
    The power dynamic between the tenant and the landlord (how much bargaining power each has); and
    Whether the rent increase would surprise or shock a reasonable person.

    In searching for case decisions I found 232 appellate case decisions regarding unconscionable rent increases under a variety of circumstances.

    https://scholar.google.com/scholar?s...en&as_sdt=4,31

    I don't have time to read them all. I'll leave that to you.

    A quick glance, however, reveals that the burden of proof is on the tenant and, obviously, you would have to go court to seek relief from the rent increase.

  2. #2

    Default Re: Rent Increase in New Jersey 16.67%

    Thank you very much, Jack, for taking the time to research and respond to my question. I found the same results as you, however I posted the question hoping I was wrong. I sincerely appreciate your help.

    Again, thank you very much for your response!

    Thank you very much for your time and response to my question. I truly appreciate your help!

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