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NJ A3326
Bill
Status
1/13/2026
Primary Sponsor
Katie Brennan
Click for details
AI Summary
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Prohibits rental property owners and their agents from using algorithmic pricing software or data analytics services that collect pricing data from multiple landlords and recommend rental prices, lease terms, or occupancy levels
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Bans "coordinators" (operators of such software services) from facilitating agreements among rental property owners that restrict competition in the residential rental market
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Violations constitute unlawful conduct under the New Jersey Antitrust Act, subjecting violators to existing antitrust penalties and enforcement mechanisms
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Responds to legislative findings that median rent for three-bedroom apartments in New Jersey increased 35% from 2021-2024, with studio apartments in Hoboken rising 61% in the same period
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Takes effect on the first day of the fourth month following enactment
Legislative Description
Makes use of algorithmic systems to influence price and supply of residential rental units unlawful.
Housing
Last Action
Introduced, Referred to Assembly Housing Committee
1/13/2026