New Jersey · NJ
In New Jersey, a landlord must return a security deposit within 30 calendar days.
- Return deadline
- 30 calendar days
- Itemized statement
- Required
- Move-in condition list
- Not required by statute
- Maximum deposit
- 1.5 months' rent
- Interest on deposit
- Required
If the landlord withholds in bad faith
Court shall award tenant double the amount wrongfully withheld, plus court costs and, at court's discretion, reasonable attorney's fees (N.J.S.A. 46:8-21.1).
30 calendar days after end of tenancy, with itemized statement. Deposit capped at 1.5x rent. Must be held in interest-bearing account; interest belongs to tenant, paid/credited annually. Interest rate tracks prevailing bank savings rate, not fixed.