The rule
- Grace period
- No fixed period
- Cap
- No set cap
- Grace period
- 5 business-day grace period for seniors and recipients of Social Security, SSI, disability or similar benefits when rent is due on the 1st (N.J.S.A. 2A:42-6.1).
- Limits on the fee
- No statewide cap; late fees must be stated in the lease.
Law: N.J.S.A. 2A:42-6.1 to -6.3
Last reviewed September 30, 2026
Not legal advice. Statutes change; check the linked section.