njrentcontrol

Red Bank rent control: maximum rent increase (2026)

Monmouth County — Chapter 530, Rent Control. Full ordinance text ↗

Maximum rent increase

100% of the CPI change

The increase is tied to the change in the CPI-U for the Northern NJ/NY/Long Island area, measured 4 months prior to the expiring lease's commencement versus 4 months prior to its expiration (exact CPI share/percentage of the index allowed could not be confirmed from the ordinance text; see open_questions).

Latest 12-month CPI change: 4.34% (CPI-U, New York-Newark-Jersey City (NY-NJ-PA), all items, not seasonally adjusted, 2026-08 vs 2025-08) — source: BLS

This ordinance measures CPI over: 4 months prior to the expiring lease's commencement and 4 months prior to its expiration. Ordinances define their own CPI measurement window — the latest 12-month figure above may differ from the figure your ordinance requires.

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Summary

Cap formula
The increase is tied to the change in the CPI-U for the Northern NJ/NY/Long Island area, measured 4 months prior to the expiring lease's commencement versus 4 months prior to its expiration (exact CPI share/percentage of the index allowed could not be confirmed from the ordinance text; see open_questions).
Frequency
Not on file — check the ordinance
Notice required
Not on file — check the ordinance
Who's covered
Housing space in buildings with 3 or more units (per DCA)
Exemptions
  • Motels, hotels, similar premises
  • Commercial buildings containing 2 housing units or less
  • Housing with 2 units or less
  • Newly constructed first-time rentals (until re-rented)
  • new construction (30 yrs from certificate of occupancy, N.J.S.A. 2A:42-84.2)
Vacancy decontrol
Vacancy decontrol (until re-rented), per DCA survey; ordinance text not retrieved to confirm details.
Status
active
Confidence
medium
Last verified
2026-09-23

Official summary

We haven't yet verified this cap against the ordinance text itself. The state's summary of Red Bank's ordinance reads:

CPI-U Northern NJ/NY/Long Island Area 4 months prior to the expiring lease's commencement and 4 months prior to its expiration.NJ Department of Community Affairs, 2026 Rent Control Survey — nj.gov

Ordinance: Chapter 530, Rent Control — https://ecode360.com/14163632

State survey entry

Units covered
3+
Exceptions
Exception(s) - Motels, hotels, similar premises, commercial buildings containing 2 housing units or less, housing with 2 units or less, and newly constructed first-time rentals (until re-rented). Vacancy Decontrol (until re-rented).

Source: NJ Department of Community Affairs, 2026 Rent Control Survey — nj.gov

Open questions

Lead-safe certification

Pre-1978 rentals here also need a lead-safe certificate (separate from rent control) — valid 3 years, per P.L.2024, c.74. See Red Bank Borough's lead-safe certification requirements →

Rent board

Rent Leveling Board · (732) 530-2777 ext- 440 · https://www.redbanknj.org/233/Rent-Leveling-Board