Chatham, NJ Overview

The quiet, carefully developed, residential Chatham area is located near Exit 7 of Route 24 just 25 miles west of New York City on the eastern edge of Morris County.  The borough and township are so closely aligned that residents often refer to them collectively as “Chatham.”  This area offers many fine homes, townhomes, garden apartments, and condominiums for a suburban lifestyle that includes excellent regional shopping facilities and restaurants along the Main Street district.  Cultural opportunities include the facilities and programs of neighboring Drew and Fairleigh Dickinson universities.  Recreational amenities include local and county parks, the Great Swamp National Wildlife preserve in Chatham Township and the Jockey Hollow and Morristown National Historical Parks. Beautiful older properties, abundant amenities, outstanding recreational opportunities, and transportation efficiencies contribute to the popularity of both communities.

Summary

Population Growth (since 2000)6%
Population Density (ppl / mile)2,241.00
Household Size (ppl)2.772
Households w/ Children42%

Housing Stability

Annual Residential Turnover7%
5+ Years in Residency42%
Median Year in Residency4.16

Housing Inventory

Chatham, NJ Housing Inventory 3141,3145,6295,6293141,3145,629

Market Overview

142 listings with an estimated median price of $1,135,000

PriceCount
$100K - 200K1
$200K - 300K3
$300K - 400K7
$400K - 500K4
$500K - 600K8
$600K - 700K12
$700K - 800K15
$800K - 900K4
$900K - 1M11
$1M - Max77
Property TypeCount
Single Family120
Commercial1
Rental27
Lots and Land6
Condo/Town/CoOp15

(Data as of 7/3/2020)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Chatham, NJ Population Demographics

Total: 19,360

Households:6,942

Median Age: 42.41

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Chatham, NJ Temperature

Weather Risk

Chatham, NJ Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Chatham, NJ Education Climate Index

Highest Education Level Attained

Chatham, NJ Highest Education Level Attained 9574794,9171,2671711624,1149574794,9171,2671711624,114

Employment and Finance

Workforce

Chatham, NJ Workforce

Income by dollar range (Median Income: $141,379)

Chatham, NJ Income by dollar range 1083719515615979651081533094047366195251,0109161,255109

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$1,044
One Bedroom
$1,099
Two Bedroom
$1,324
Three Bedroom
$1,695
Four Bedroom
$1,922

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
Yes
Restaurants
Yes
Bars
Yes

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Chatham, NJ Crime

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