NJ A4872

Prohibits residential rental property owners from subscribing to or contracting with "coordinators" – software, data analytics services, or entities that collect nonpublic information from multiple landlords and use algorithms to recommend rental prices, lease terms, or occupancy levels.

Makes it unlawful for two or more rental property owners to engage in "consciously parallel pricing coordination," defined as tacit or express agreements to raise, lower, maintain, or manipulate rental pricing.

Exempts multiple listing services, licensed real estate brokers/salespersons, third-party property managers acting under rental contracts, and government programs that restrict rents (Section 8, rent control ordinances, NJHMFA programs).

Violations are subject to enforcement under the New Jersey Antitrust Act (C.56:9-7 through 56:9-17), and civil complaints need only plausibly plead the existence of anticompetitive coordination without excluding the possibility of independent action.

Requires the Department of Law and Public Safety and Department of Community Affairs to develop a public education program and post information on their websites about the law and how consumers can report suspected violations.