Somers Point, NJ Security Deposit Laws 2026
New Jersey limits security deposits to 1.5 month(s) of rent. In Somers Point, that's $2,800 at the median 2BR rent of $1,867/month. Miss the 30-day return deadline and you could owe $3,734+.
In New Jersey, landlords must return security deposits within 30 days after move-out. The maximum deposit is 1.5 month(s) of rent. Failure to return on time or provide an itemized statement can result in penalties of $3,734 or more.
Key Takeaways — Somers Point Security Deposit Laws
- Maximum deposit: 1.5 month(s) of rent = $2,800 at Somers Point's median rent
- Return deadline: 30 days after tenant moves out
- Penalty for late return: Up to 2x the deposit ($3,734)
- Itemized statement: Required with any deductions
Security Deposit Laws in Somers Point
Under New Jersey law, landlords in Somers Point may collect a maximum security deposit of 1.5 month(s) of rent. At Somers Point's median 2-bedroom rent of $1,867/month, that means the most you can legally collect is $2,800.
$2,800
max deposit (1.5mo × $1,867)
30 days
return deadline
$3,734
max penalty for late return
Returning the Deposit: The 30-Day Clock
Once a tenant moves out of your Somers Point rental, New Jersey law gives you exactly 30 days to either return the full deposit or provide an itemized statement of deductions. The clock starts on the day the tenant surrenders possession — not when you inspect the unit.
What you can deduct from a security deposit in Somers Point:
- Unpaid rent
- Damage beyond normal wear and tear
- Cleaning costs to restore the unit to move-in condition
- Costs for restoring or replacing personal property (if lease allows)
What you cannot deduct:
- Normal wear and tear (minor scuffs, carpet wear, faded paint)
- Pre-existing damage (document with photos at move-in)
- Professional cleaning if the tenant left the unit in reasonable condition
Penalty Warning
Violate New Jersey security deposit laws rules in Somers Point and you could owe $3,734+. At Somers Point's median rent of $1,867/month, even a single violation adds up fast.
Don’t risk it. Let LeaseBase handle the compliance.
LeaseBase automatically tracks deposit amounts, calculates return deadlines, and generates compliant itemized statements — so you never miss a deadline.
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How Somers Point Rents Affect Deposit Amounts
Deposit amounts scale with local rents. Here's what Somers Point landlords typically collect:
| Unit Size | Median Rent (Somers Point) | Max Deposit (1.5mo) | Penalty Risk |
|---|---|---|---|
| Studio | $1,346/mo | $2,019 | $4,038 |
| 1-Bedroom | $1,537/mo | $2,305 | $4,611 |
| 2-Bedroom | $1,867/mo | $2,800 | $5,601 |
| 3-Bedroom | $2,586/mo | $3,879 | $7,758 |
Rents based on HUD Fair Market Rents (FY2026) for Atlantic County.
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More Somers Point Landlord Laws
Security Deposit Laws in Nearby Cities
Own properties in multiple cities? Rules may differ locally:
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Founder & CEO, LeaseBase · Sacramento landlord · Self-managing since 2019
LeaseBase is a property management platform — not a law firm. Consult an attorney for legal advice specific to your situation.