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NJ S2147
Bill
Status
1/13/2026
Primary Sponsor
Paul Moriarty
Click for details
AI Summary
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Amends New Jersey's Consumer Fraud Act (P.L.1960, c.39) to explicitly include "real estate" in the definition of "merchandise" subject to consumer protection laws
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Extends consumer fraud protections to cover real estate sales by individual homeowners, not just commercial or professional real estate transactions as under current law
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Prohibits unconscionable, abusive, or deceptive practices, fraud, misrepresentation, and knowing concealment of material facts in connection with the sale or advertisement of real estate by any person including homeowners
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Violations are punishable by monetary penalties up to $10,000 for first offense and $20,000 for subsequent offenses, plus potential cease and desist orders, punitive damages, and treble damages
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Takes effect 30 days following enactment
Legislative Description
Provides that sale of real estate by homeowner is subject to consumer fraud act.
Commerce
Last Action
Introduced in the Senate, Referred to Senate Commerce Committee
1/13/2026