New Jersey Month to Month Lease Agreement

The New Jersey Month to Month Lease Agreement establishes tenancy of a rental property with no predetermined end-date. Landlords or property management companies considering this type of contract should weigh the pros and cons in how they apply to their current situation. The pros to this type of arrangement from the landlord side include: 1) it is more profitable than standard leasing, 2) the quality of the property can be better maintained (allows landlords to consistently inspect it between new tenants), 3) tenants can be evicted at any time for any reason, with only a notice of one (1) month as per NJ 2A:18-56.