2A:44-189.1 Charging of late fee. 1. In addition to any other remedy available under the 'Self-Service Storage Facility Act,' P.L.1983, c.136 (C.2A:44-187 et seq.), a reasonable late fee may be charged and collected by an owner for each month that the occupant's rental payment for a storage space is in default. For purposes of this section, a late fee of up to $20.00 or 18 percent of the monthly rent, whichever is greater, is reasonable and shall not constitute a penalty. L.2017, c.368, s.1.
New Jersey Legal Code