Chatham Borough & Chatham Township · Morris County

Real Estate & Housing

Chatham Borough and Chatham Township share a school district, ZIP code and community identity, but they are two separate real-estate markets with different housing patterns, lot sizes, municipal rules, tax offices and sale requirements.

The Borough offers a more compact, walkable commuter-town setting centered on Main Street and the NJ TRANSIT station. The Township is larger, more residential and more varied in terrain, with larger-lot neighborhoods, townhouse and condominium communities, Green Village and properties near the Great Swamp.

Shared Housing GuideSeparate Borough/Township markets
Housing character
Taxes & assessments
2026 Township revaluation
Sale requirements
Rentals & landlord rules
Zoning & permits
Affordable housing
Schools
Commuting
Real estate advertising
One Chatham guide does not mean one housing market. Property listings may simply say “Chatham, NJ 07928.” Buyers should confirm whether a home is in Chatham Borough or Chatham Township before relying on market data, taxes, zoning, municipal requirements or service information.

2026 Market Snapshot: Borough vs. Township

Because the two municipalities differ meaningfully, NJTGO keeps current market statistics separate. The figures below come from different market-data providers and are labeled by date and source methodology rather than blended together.

Chatham Borough

Compact commuter-market housing with very strong demand and limited inventory.

$1.49MMedian Sale PriceRedfin · 3 months ending June 2026
+9.3%Year-over-YearRedfin · June 2026
12 daysDays on MarketRedfin · 3-month calculation
114.5%Sale-to-ListRedfin · June 2026
$1.41MMedian Listing PriceRealtor.com · June 2026
$2,712Median Asking RentRealtor.com · June 2026

Chatham Township

Higher-price, larger-property market with wider variation in home type and lot size.

$1.85MRecent Sale PriceRedfin Township market trend · 2026
38 daysDays on MarketRedfin Township market trend · 2026
$1.90MMedian Listing PriceRealtor.com · June 2026
$2.149MMedian Sold PriceRealtor.com · June 2026
26 daysMedian Listing DOMRealtor.com · June 2026
$3,400Median Asking RentRealtor.com · June 2026

Market statistics can move sharply in the Chathams because monthly sales volume is relatively small and high-value properties can materially change median prices. Always use recent comparable sales for the specific municipality, neighborhood, property type and condition.

How the Housing Differs

Chatham Borough

  • Older single-family homes close to Main Street and the train station
  • Colonial, Cape Cod, Tudor and other established suburban housing styles
  • Smaller lots and a more compact street pattern in many neighborhoods
  • Townhomes, condominiums, apartments and multi-family housing in selected areas
  • Walkability to downtown, schools, library and rail is a major location factor
  • Historic-district and older-home due diligence can matter for renovations

Chatham Township

  • Larger-lot single-family neighborhoods and more varied terrain
  • Postwar subdivisions, expanded homes and newer custom construction
  • Wooded properties, wetlands, slopes and Great Swamp watershed considerations
  • Townhouse and condominium communities such as Chatham Glen-area developments
  • Green Village and more rural-feeling sections of the Township
  • Septic systems are present on some properties, requiring additional due diligence

Major 2026 Issue: Chatham Township Revaluation

Chatham Township is undergoing a county-ordered townwide property revaluation.

The Township Tax Assessor states that the revaluation has a completion deadline of September 30, 2026, with the new assessed values scheduled to take effect for the 2027 tax year. Property owners and buyers should not assume that a current assessment will remain the same in 2027.

Township OnlyThis revaluation applies to Chatham Township, not Chatham Borough.
Inspection ProcessThe Township has retained Appraisal Systems for the revaluation and property-inspection process.
2027 AssessmentsThe resulting values are intended to be reflected in the 2027 tax year.
Buying During RevaluationAsk for the newest assessment/revaluation information and do not project future taxes solely from the current bill.
Township Revaluation Information

Property Taxes & Assessment Offices

Chatham Borough

Borough Hall
54 Fairmount Avenue
Chatham, NJ 07928
973-635-0674

The Borough Tax Assessor maintains property assessments and ownership records. The Tax Office collects quarterly property taxes, which are due February 1, May 1, August 1 and November 1.

Borough Tax Assessor Borough Tax Office

Chatham Township

Municipal Building
58 Meyersville Road
Chatham, NJ 07928
973-635-4600

The Township Tax Assessor administers property assessments and the current revaluation. The Tax Collector handles tax and sewer payments; quarterly taxes are also due February 1, May 1, August 1 and November 1.

Township Tax Assessor Township Tax Collector

Buying in the Chathams: Due Diligence

Confirm Borough vs. TownshipA 07928 mailing address does not answer the municipality question. Verify the legal municipality before analyzing taxes, zoning, municipal services or market comps.
Use Municipality-Specific CompsDo not compare a Township home on a large lot with a Borough property near the train station simply because both list “Chatham.”
Review the Current Tax RecordCheck assessment, block/lot, tax map and recent tax bill. Township buyers should also ask about the 2026 revaluation status.
Check PermitsOlder homes, additions, finished basements, decks, pools and major renovations should be reviewed for required construction and zoning approvals.
Review Flood, Wetland & Drainage ConditionsThe Passaic River, Great Swamp watershed, tributaries, wetlands and sloped terrain can affect some properties—especially in the Township.
Check Sewer vs. SepticSome Township properties may use private septic systems. Confirm the system, maintenance records and applicable transfer requirements.
Understand Historic RestrictionsProperties within Borough historic districts may require additional review for certain exterior changes.
Confirm HOA / Condo DocumentsTownhouse and condominium buyers should review budgets, reserves, insurance, assessments, rules and maintenance responsibilities.

Selling a Home in Chatham Borough

Residential Continued Certificate of Occupancy (CCO) required for Borough resale and rental.

The current Borough Residential CCO application covers one- and two-family resale and rental. All open permits must be closed and utilities must be current before the inspection can be completed. The Borough advises allowing approximately three weeks after a complete application is submitted.

Open PermitsUnresolved construction permits must be closed before the Borough CCO can be issued.
UtilitiesWater/sewer and other applicable municipal utility obligations must be current.
Sale ReviewThe current application includes a Tax Collector review relating to lead service-line replacement fees for sale transactions.
Rental RequirementsRentals also require landlord registration, applicable liability-insurance documentation and current lead-safety documentation when required.
Borough CCO Information

Selling a Home in Chatham Township

Chatham Township's sale process differs from the Borough's. Owners should verify all requirements that apply to the specific property well before closing.

Fire Safety CertificateOne- and two-family dwellings must undergo smoke-detector, carbon-monoxide-alarm and portable-fire-extinguisher compliance inspection prior to sale, lease or rent.
Apply EarlyThe Township Fire Prevention Bureau instructs sellers to apply at least two weeks before the closing date for the inspection.
Septic PropertiesThe Township maintains a Certificate of Continued Use of a Septic System application. Owners of septic-served property should determine the requirements that apply before transfer.
Permits & OccupancyConstruction or land-use approvals can create additional certificate or permit requirements depending on prior work and property use.
Township Selling-Your-Home Requirements Township Forms

Rentals & Landlords

Chatham Borough

The Borough requires a landlord registration certification with the Residential CCO application for rental occupancy. Current requirements also reference liability insurance and New Jersey lead-safe certification requirements for applicable rental properties.

Borough Forms

Chatham Township

The Township maintains a landlord registration form for qualifying one-dwelling-unit rentals and two-dwelling-unit non-owner-occupied premises under New Jersey law. Fire-safety certification also applies before lease/rent for covered one- and two-family dwellings.

Township Landlord Forms

New Jersey's lead-safe rental-inspection rules can apply to pre-1978 rental housing depending on statutory exemptions and inspection history. Landlords should use current municipal and state requirements rather than relying on an older lease or certificate.

Zoning, Additions & Home Projects

Chatham Borough

The Borough maintains its own zoning map, residential districts, historic districts and construction/zoning process. Projects such as additions, fences, sheds, tree removal, land disturbance and changes of use can require municipal approvals.

Borough Planning, Zoning & Construction Borough Maps

Chatham Township

The Township maintains its own zoning map, lot-size information, zoning requirements and construction-permit process. Terrain, wetlands, steep slopes and larger lots make site-specific review especially important.

Township Zoning & Construction Documents Township Maps

Affordable Housing

Chatham Borough

The Borough maintains a current Fourth Round Housing Element and Fair Share Plan and publishes affordable-housing information through its municipal website. Buyers, renters and applicants should use the Borough's current affordable-housing page for eligibility and availability information.

Borough Affordable Housing

Chatham Township

The Township uses Piazza & Associates as its affordable-housing administrative agent. The Township also adopted new Fourth Round affordable-housing regulations in 2026 and is advancing a 100% affordable rental project planned for a portion of 405 Southern Boulevard.

Cornerstone at Chatham, at 522 Southern Boulevard, is one existing affordable-housing development identified by the Township.

Township Affordable Housing

Shared Schools, Different Neighborhoods

One of the biggest reasons the two municipalities are commonly discussed together is that both are served by the School District of the Chathams. The shared district includes elementary campuses in both municipalities, Lafayette School, Chatham Middle School and Chatham High School.

Borough Schools & WalkabilityHomes near Milton Avenue, Washington Avenue, Lafayette Avenue and downtown can offer short local trips to schools and community facilities.
Township Elementary GeographySouthern Boulevard School serves a large residential portion of Chatham Township, while neighborhood geography is more automobile-oriented.
Shared Upper GradesLafayette School, Chatham Middle School and Chatham High School serve students from across the combined district.
Verify Current AssignmentAlways confirm current district enrollment and elementary assignment directly with the school district before purchasing.
School District of the Chathams

Commuting & Location

Chatham StationNJ TRANSIT rail service in the Borough is a major housing-market feature for commuters and contributes to the premium for walkable station-area homes.
Main Street / Route 124Provides the primary local east-west connection through the Borough toward Madison and Summit.
Route 24 AccessNearby Route 24 connects the Chathams with I-78, Short Hills, Summit and broader regional employment corridors.
Township Car DependenceMost Chatham Township neighborhoods require driving to the train station, shopping, schools or major employment centers.
Madison & SummitNearby downtowns add rail, shopping, dining and employment options within a short drive.
Morristown / ParsippanyMajor Morris County employment centers are accessible by regional roads and rail connections.

Real Estate Advertising Opportunities

Real-estate professionals and property advertisers can reach people researching both Chatham municipalities through paid NJTGO placements.

Featured PropertyShowcase a Borough or Township home, condominium, townhouse, rental or land listing with photos, pricing and a direct listing link.
Agent / Brokerage ProfileAdd a website link, specialties, service area, municipality expertise and expanded contact information.
Home-Service SpotlightPromote inspection, mortgage, legal, remodeling, landscaping, roofing, moving or other homeowner services.
Development / Rental PromotionHighlight eligible condominium, townhouse, apartment, senior-housing or new-development opportunities.
View Advertising Information Contact NJTGO

Nearby Communities

Berkeley Heights Florham Park Harding / New Vernon
Long Hill TownshipNeighboring residential community west of the Chathams and Great Swamp.
Madison Millburn / Short Hills New Providence Summit

Promote a Chatham Property or Real Estate Service

Reach buyers, sellers, renters and homeowners researching both Chatham Borough and Chatham Township on NJTGO.com.

View Advertising Information