NJ A5747

Caps increases in recurring fees for residential tenants at 10 percent maximum over any 12-month period, covering fees for amenities, pets, parking, credit card convenience charges, and other costs not included in base rent

Allows landlords to set initial recurring fee rates only when establishing a new tenancy with no remaining tenants from the prior lease; the 10 percent cap applies to all subsequent increases

Imposes $1,000 penalty per violation per unit, collectible by the Commissioner of Community Affairs or Attorney General, with landlords also subject to separate $1,000 civil damages claims from tenants plus attorney's fees and court costs

Permits tenants to terminate their lease without further obligations if a landlord violates the fee cap, and allows recovery of legal expenses

Amends the Anti-Eviction Act to classify recurring fee increases exceeding the 10 percent cap as unconscionable rent increases, which bars landlords from pursuing eviction actions