Why Live in Chatham
Chatham, NJ, pronounced CHAT-um, offers a blend of small-town charm and big-city access, featuring an old-fashioned Main Street and a direct train to NYC. The neighborhood is known for its strong sense of community, with residents often engaging in local activities and events. Main Street is lined with diverse family businesses, including Namkeen, a Pakistani restaurant, and Scalini Fedeli, an upscale Italian eatery. For shopping, options range from handcrafted gifts at Purple Aardvark to kids' toys at Jabberwocky, with grocery stores like ShopRite and Kings Food nearby. The Mall at Short Hills, with 140 high-end stores, is just minutes away. Chatham hosts several annual events, such as the 4th of July parade and the Fishawack Festival. The neighborhood features quiet, residential streets with well-maintained 1930s colonials, townhomes, and condos, including the luxury Enclave. Homes in the borough are older and close to the train, while those in the township are larger with bigger lots. The Chatham School District is highly rated, with schools like Milton Avenue, Southern Boulevard, Washington Avenue, Lafayette School, Chatham Middle School, and Chatham High School, which offers unique programs like fencing and sailing. Recreational activities include the Colony Pool Club, Memorial Park Pool, and the Great Swamp National Wildlife Refuge. The midtown direct train provides service to NYC in under an hour, and Newark International Airport is a 20-minute drive away. Local involvement opportunities include the Chatham Players theater group and the Library of the Chathams.
Home Trends in Chatham, NJ
On average, homes in Chatham, NJ sell after 23 days on the market compared to the national average of 50 days. The median sale price for homes in Chatham, NJ over the last 12 months is $1,255,000, up 14% from the median home sale price over the previous 12 months.
Median Sale Price
$1,255,000
Median Single Family Sale Price
$1,362,500
Median Townhouse Sale Price
$399,000
Median 2 Bedroom Sale Price
$702,447
Median 1 Bedroom Sale Price
$429,000
Average Price Per Sq Ft
$784
Number of Homes for Sale
21
Last 12 months Home Sales
153
Median List Price
$1,306,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
14%