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New Jersey Security Deposit Receipt

Record that a security deposit was received on a New Jersey rental. Unused deposit is generally due within 30 days (N.J. Stat. Ann. § 46:8-21.2). This receipt is not the itemized accounting due at move-out.

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Frequently asked questions

Plain-language answers about New Jersey deposit receipt papers. LeaseGen.io is not a law firm. Confirm current statutes before anyone signs.

What is a security deposit receipt in New Jersey?
It records that deposit money was received, the amount, and the property. A security deposit generally may not exceed one and a half months’ rent (N.J. Stat. Ann. § 46:8-21.2). Hold it in an interest-bearing New Jersey account and pay or credit interest annually. Unused deposit plus an itemized list is generally due within 30 days (§ 46:8-21.1).
Is the receipt the move-out accounting?
No. At move-out you still owe an itemized list of deductions and any refund within 30 days, to the extent New Jersey law requires.
What is the deposit cap in New Jersey?
1.5× rent