Updated August 7, 2026. Quick answer: every figure Clear Money Guide holds about New Jersey, on one page, each one copied from a dataset that cites its own statute or agency. Built for reporters on deadline — take any line, follow the link for the source.
What stands out about New Jersey
These are the figures where New Jersey differs most from the rest of the country — selected by counting how many jurisdictions share each value, not by editorial preference.
- Formation fee: $100 (certificate of formation) – reduced from $125 by 2026 legislation — the only jurisdiction of the 48 we have data for
- Trigger: any premium falling due after the first — the only jurisdiction of the 47 we have data for
- Deposit cap: 1.5 months’ rent (initial); subsequent increases capped at 10%/year of the current deposit — the only jurisdiction of the 37 we have data for
- Annuity limit: $500,000 — one of only 3 of 47
What dying costs here
- Small estate limit: 50000
- Small estate scope: unstated
Source and full detail: the cost-of-dying index. Figures copied from those pages, which own them.
Estate and property law status
- Authorized: yes
- Statute or act: N.J.S.A. 52:7-10.1 et seq., bill A4250, signed 2021-07-22
- Effective date: 2021-10-20
- Conditions: Permanently authorises electronic signatures and remotely performed notarial acts by New Jersey notaries; requires notary education courses; the State Treasurer must maintain an online manual of notary functions and responsibilities.
- Association name: New Jersey Life and Health Insurance Guaranty Association
- Death benefit limit: $500,000
- Cash surrender limit: $100,000
- Annuity limit: $500,000
- Aggregate limit: $500,000
- Statute citation: N.J. Stat. Ann. § 17B:32A-3(e) (P.L.1991, c.208 § 3, as amended by P.L.2022, c.98 and P.L.2024, c.34, eff. July 10, 2024)
- Free look days: not less than 10 days
- Trigger: the date the policyholder RECEIVES the policy
- Refund basis: prompt refund of any premium paid, including any policy fees or other charges
- Grace period days: 30 days, or at the insurer’s option 1 month of not less than 30 days, or 4 weeks for industrial life policies whose premiums are payable more frequently than monthly
- Coverage during grace: the policy continues in full force; if a claim arises during grace, the premium due or overdue together with any interest and any deferred premiums of the current policy year may be deducted from any amount payable under the policy
- Variations: 4 weeks for industrial life insurance policies whose premiums are payable more frequently than monthly
Source and full detail: notary rules by state · guaranty association limits · life insurance free-look periods · life insurance grace periods. Figures copied from those pages, which own them.
Working and earning here
- Quit deadline: Regular payday for the pay period in which employment ended
- Fired deadline: Regular payday for the pay period in which employment ended
- Statute citation: N.J.S.A. 34:11-4.3, 34:11-4.10
- Has law: Yes
- Disclosure trigger: in the job posting
- Employer threshold: 10 or more employees over 20 calendar weeks
- Effective date: 2025-06-01
- Salary history ban: Yes
- Wage replacement: 85% of the worker’s average weekly wage, capped at a maximum weekly benefit rate set annually – $1,119 per week for 2026 ($1,081 for 2025)
- Max weeks family: 12
- Funding: 100% employee-funded; employers contribute nothing to FLI. 2026 worker rate: 0.23% on the first $171,100 of wages, maximum contribution $393.53 (2025: 0.33% on the first $165,400, maximum $545.82)
- Benefits effective date: 2009-07-01
- Mandatory: Yes
- Test: Per the Division of Taxation: ‘A nonresident taxpayer’s employee compensation from a New Jersey employer for the performance of personal services is sourced to the employer’s location (New Jersey) if the employee is working from an out-of-state location (e.g. at home in their resident state) for …
- Authority: statute
- Reciprocity: New Jersey-Pennsylvania reciprocal personal income tax agreement
- Contested: No
Source and full detail: final paycheck laws by state · pay transparency laws by state · paid family leave by state · the convenience-of-the-employer rule. Figures copied from those pages, which own them.
Renting here
- Deposit cap: 1.5 months’ rent (initial); subsequent increases capped at 10%/year of the current deposit
- Return deadline: 30 days
- Interest required: yes
- Statute citation: N.J.S.A. 46:8-19, 46:8-21.1, 46:8-21.2
Source and full detail: security deposit law by state. Figures copied from those pages, which own them.
Starting a business here
- Formation fee: $100 (certificate of formation) – reduced from $125 by 2026 legislation
- Annual report: $75 annually
- Franchise tax: not verified
- Publication requirement: none found
- Expedite options: $25 per filing expedited (over-the-counter only); $50 same-day (fax filing only); $500 2-hour; $1,000 1-hour
- Statute citation: N.J.S.A. 42:2C-93(a)(4), (a)(6), (b) (as amended 2026); N.J.S.A. 42:2C-26; New Jersey Division of Revenue and Enterprise Services fee schedule
- Five year total: at least $475
Source and full detail: LLC cost by state. Figures copied from those pages, which own them.
Tax treatment here
- Has law: Yes
- Treatment: ordinary income
- Rate: 10.75% top marginal
- Preferential mechanism: none
- Tax year: 2026
Source and full detail: capital gains tax by state. Figures copied from those pages, which own them.
For journalists: how to cite this
Clear Money Guide, New Jersey Money Statistics 2026. https://clearmoneyguide.com/state-money-statistics/new-jersey/. Every figure on this page is copied from a Clear Money Guide dataset that states its own primary source and the date it was read — follow the section links for the statute or agency behind any number. Free to reuse with attribution under CC BY 4.0.
What this sheet does and does not contain
This sheet aggregates; it does not research. Every figure is copied from the owning page linked in each section, and a figure we do not own is simply absent — not estimated, not inferred from a neighbouring state. That is why sheets differ in length: this one states 51 figures, and a state where we hold less will show fewer. A short sheet means we have less, not that the state has less.
Statutory law changes. Each linked owner page carries the date its figures were read; check there before relying on anything here. See also New Jersey financial adviser statistics and all 51 state money sheets.
General information about published law and public data, not legal, tax or investment advice. No advertising appears on this page and we earn nothing from it.