Morristown NJ rent control

[Shawn Mcenteer]

Are there any members familiar with Morristown, NJ and its rent control regulation? What's it like being a landlord in Morristown?

[Stefan Tsvetkov]

Properties not subject to rent control in Morristown include owner occupied properties upto 4 units as well as new construction properties. Much any other investment property is rent controlled in the town. That said the town does have 'vacancy decontrol', meaning you can set your own rent once the current tenant moves out.

Please see their ordinance here: Morristown, NJ Rent Control Ordinance