Landlord trying to increase rent, question for you -located in NJ

Landlord trying to increase rent, question for you -located in NJ

Boonton, NJ · Member since 2016 · 2 posts · 0 votes

Hi everyone,

I've never posted on here before so I hope I'm in the right section.  My girlfriend and I are going on our third year in our NJ apartment, and our landlord has been pretty terrible the entire time.  Nothing worthy of going to court for, but let's just say with what we've had to put up with as tenants, we don't feel like rent should keep increasing every year.

For the record, my girlfriend and I are very good tenants who pay early every month and will leave our apartment much cleaner than it was when we moved in.  Last year our landlord wanted to increase our rent to 5%, and we asked that it would increase by 3% instead, which he agreed to.  This year, surprise surprise he wants to increase it to 5% again.  Last year we had a long conversation with him and he agreed that for any future years, our rent would only increase by 3%.  He even signed our addendum to the lease stating that, because we crossed out the 5% and wrote in a 3%, as he suggested.  So we wrote him back with that information and a copy of what he signed.

Our lease ends in a little over a month, and we haven't heard back from him about if he'll agree to the 3% or not.  What do you think we should do?  I did some reading up on tenant laws and I know NJ is a tenant friendly state, but we don't want to move.

Any advice would really help!

0Reply
16 views

Most Popular Reply

Member since 2016 · 13k+ posts · 12k+ votes
9y

If you are not prepared to move then do not complain, you have no grounds to suggest what your landlord should charge for rent and are free to leave whenever your lease ends. Freedom is the advantage of being a tenant.

Move. You will be happier and he will be glad to be getting a new tenant. win/win.

See this reply in the discussion

10 Replies

Jump to latestLatest
  • Buy & Hold Owner · Redlands, CA · Member since 2015 · 5k+ posts · 2k+ votes
    9y

    THE solution is moving - - but you've decided to live with it, so - - best wishes

  • Colleen F.Pro Member
    Investor · Narragansett, RI · Member since 2013 · 8k+ posts · 4k+ votes
    9y

    Should be under renters discussion but no problem. Unless there is rent control he can increase by whatever %  the market will bear.  If you think it is overpriced for the market then you could look and show him that-- if you want to stay.  Rent isn't really about what you think you should pay or what you can afford it is about what similar units are renting for.  If the issues you have put up with are that  bad then moving is the best option, there are good landlords.  I would settle what is the rent with him shortly, call him- a cross out on the lease doesn't make it so.  

  • Member since 2016 · 13k+ posts · 12k+ votes
    9y

    If you are not prepared to move then do not complain, you have no grounds to suggest what your landlord should charge for rent and are free to leave whenever your lease ends. Freedom is the advantage of being a tenant.

    Move. You will be happier and he will be glad to be getting a new tenant. win/win.

  • Boonton, NJ · Member since 2016 · 2 posts · 0 votes
    9y

    Thanks for the replies everyone.  Moving is a bit easier said than done right now though.  Like I said, we don't want to move.  I'm going to contact the landlord and see if we can come to an agreement.

  • Mark LangdonPro Member
    Investor · Whippany, NJ · Member since 2010 · 356 posts · 104 votes
    9y

    You need to work it out with the Landlord. Either you like it so much you are willing to pay the increase or you need to move because you don't like the increase. I would contact the Landlord and negotiate and see if you can come to an agreement. Then its up to you to decide what to do. 

  • Member since 2016 · 13k+ posts · 12k+ votes
    9y

    You also need to be aware that any lease language, including addendums, terminate with the lease. No lease contains any legally binding language that extends beyond the term of a lease. 

    Landlords make commitments all the time, like your 3% cap, that legally mean nothing.

  • Minneapolis, MN · Member since 2013 · 2k+ posts · 1k+ votes
    9y

    If moving at this time isn't something you can do.. ask for month to month lease or 6 month term. So you would have more flexibility in a change if needed.

    Your rights as tenant are you can pick up and leave. You don't own the property. 

    Costs are not going down, taxes, insurance just to mention a few you probably don't think much about.

  • Newark, NJ · Member since 2015 · 162 posts · 102 votes
    9y
    In the past few years, our property taxes in NJ have gone up between 4-6% every year. Taxes for us are about half of what our mortgages are. Insurance rates go up as well. To ask your landlord for a lower or no increase, basically amounts to asking for a subsidy, which is a bit ridiculous. I'm kinda surprised, your landlord has agreed to do much thus far. A better landlord would probably have not budged. So you may want to count your blessings. Now, if you don't like pay rent increases, move. Move every year. The only leverage that I see you have against your landlords that this is a terrible time of the year to find tenants. Who wants to move with frigid temperatures and slushy streets? You yourself seem unwilling to move at this time. Wait until spring, though, and you may end up having to pay more for a place.
  • Residential Real Estate Broker · Chicago Suburbs, IL · Member since 2013 · 1k+ posts · 594 votes
    9y

    I'd be curious to know what the landlord is doing that is terrible. The assistant at the hairdresser I go to was saying her landlord was so terrible... because her kitchen was last updated in 1970. But she didn't want to move because the rent was so much cheaper than anywhere else.  

  • Rental Property Investor · Ocala, FL · Member since 2016 · 226 posts · 140 votes
    9y

    I think Colleen was exactly correct.   Your only strong position is to move because you don't like his increases, and other aggravations.  Apparently, he is not pricing his rental too high because he has it rented.  Due to a shortage of rentals and higher taxes, etc., the rent will increase.  That's a business decision.

    I think that if you try to get him to reduce the rent amount the second time, he might say goodbye and good luck to you.  I think I might just do that.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.