Hoboken permits no increase greater than 5% or the change in the CPI over the lease term, whichever is less. Chapter 155 defines a dwelling as any building rented to one or more tenants or family units, and its exemption list contains no unit count and no owner-occupancy exemption.
The widely repeated claim that Hoboken covers only buildings of four or more units, and exempts owner-occupied buildings of four or fewer, is not in the ordinance — §155-1 defines a dwelling as one rented to "one or more tenants or family units" and §155-2 lists eight exemptions, none of which is a unit count or owner occupancy. An owner living in their own two-family here is still inside the chapter.
The base rent is what was charged on 1 October 1985, or the first rent charged after that date. A capital-improvement surcharge may not raise a base rent by more than a third in any twelve months.
Exemptions
- Motels and hotels.
- Newly constructed dwellings, for the first rental only — every rent after it is controlled.
- Dwellings constructed after 25 June 1987, per N.J.S.A. 2A:42-84.1, for the amortisation period of the initial mortgage or 30 years, whichever is less.
- Industrial, non-residential and commercial units.
- Housing provided, owned or controlled by an educational institution.
- Government-owned and operated housing.
- Buildings vacant since 1 January 1984.
- A completely vacant and deteriorated building requiring major reconstruction, vacant at least six months, on the Board's preliminary approval and a certificate of major reconstruction.
- Annual cap
- 5%
- Unit counts
- 1+ units
- Owner-occupied exemption
- No
Sources
- Hoboken Code Chapter 155 — Rent ControlCurrent codified chapter read through 18 August 2026; §155-4 was amended 22 October 2025 by Ord. B-818 without changing the CPI-or-5% ceiling.
- NJ DCA — 2026 Rent Control Survey — New Jersey Department of Community Affairs, 2026 Rent Control Survey (spreadsheet, linked from the DCA Landlord-Tenant Information page; last revised 20 May 2026). The department's own caveat: the survey is only as current as the published codes, and the stated percentage may differ from the increase actually permitted.
- Hoboken Rent Leveling & Stabilization Office — Hoboken Rent Leveling & Stabilization Office, (201) 420-2000 ext. 1721