New Jersey: law changes

New Jersey FAIR Act bans algorithmic rent-setting coordination

signed · algorithmic-pricing · Effective July 1, 2027 · NJ Governor's office (signing release); bill text pub.njleg.gov/Bills/2026/A3500/3497_R1a.HTM; Greenberg Traurig on P.L.

Gov. Sherrill signed A3497 (Assembly committee substitute for S451), the Forbidding the Algorithmic Inflation of Rent (FAIR) Act, P.L.2026, c.43, on 2026-07-20. It makes it unlawful for rental property owners to use algorithmic pricing systems that facilitate coordinated rent or occupancy decisions; effective 2027-07-01. New Jersey is the fourth state to regulate rent-setting algorithms.