General information only, not legal advice. Laws change. Verify requirements with a licensed attorney or the statute before acting. Last reviewed: June 2026.

Security Deposit · NJ

New Jersey security deposit law

Key rules for landlords and tenants in New Jersey, cited to NJSA § 46:8-19.

At a glance

Max deposit
1.5 months' rent (cap never exceeds 1.5×; landlord may increase deposit by up to 10% annually)
Return deadline
30 days after move-out (5 business days if displacement by fire or flood)
Interest required
Yes (Annual interest must be paid to tenant or credited against rent each year)
Statute
NJSA § 46:8-19
Last reviewed
June 2026

Frequently asked questions

What is the maximum security deposit in New Jersey?

1.5 months' rent (cap never exceeds 1.5×; landlord may increase deposit by up to 10% annually). (NJSA § 46:8-19, last reviewed June 2026.)

How long does a landlord have to return a security deposit in New Jersey?

30 days after move-out (5 business days if displacement by fire or flood). The landlord must provide an itemized statement of any deductions. Failure to return on time may entitle the tenant to penalties under NJSA § 46:8-19.

Is interest required on security deposits in New Jersey?

Yes. Annual interest must be paid to tenant or credited against rent each year

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