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Foreclosure Homes in Chatham, NJ

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Chatham, NJ Foreclosures

How much do homes sell for in Chatham, NJ?
The average home price is currently $1,455,828.
In Chatham, NJ, how many homes are available?
There are currently 55 active home listings available in Chatham.
What’s the average rental cost in Chatham, NJ?
The average rental price in Chatham is $3,486.
What is the most expensive home in Chatham?
The most expensive home sold in Chatham had a price of $48,340,888.
What is currently the cheapest priced home in Chatham, NJ?
The cheapest home for sale in Chatham is priced at $20,954.

Living in Chatham, NJ

Chatham, NJ is a charming suburban community that offers a perfect blend of small-town charm and modern conveniences. With a vibrant downtown, highly-rated schools, and ample outdoor activities, it's an ideal location for families and professionals alike. Its close proximity to New York City makes commuting convenient while retaining a cozy community feel.

Current Market Conditions in Chatham, NJ

Chatham's real estate market has been robust, characterized by a mix of historic homes and new constructions that attract a diverse range of buyers. The demand for properties remains high due to the town's desirable school district and community amenities, leading to competitive bidding situations on homes. Recently, the market has exhibited strong price appreciation, signaling a healthy growth trajectory.

Home Value Estimator For Chatham, NJ

There are currently 6,540 real estate properties in Chatham, NJ, with a median automated valuation model (AVM) price of $1,332,724.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chatham, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Chatham, NJ, is $1,455,828.00, with the most expensive house in Chatham, NJ, topping out at $48,340,888.00 and the cheapest home in Chatham, NJ, clocking in at $20,954.00. In other words, there’s something for every potential homebuyer or savvy investor in Chatham, NJ!

Rent Prices In Chatham, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chatham, NJ, is on a rollercoaster ride. The average rent price in Chatham, NJ, is $3,486.00. Indeed, when looking to rent in Chatham, NJ, you can expect to pay as little as $1,480.00 or as much as $6,720.00, with the average rent median estimated to be $3,540.00. The good news is that finding an affordable and desirable property to rent in Chatham, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Chatham, NJ Foreclosures

Market Trend for Chatham, NJ

Total Listings Available: 55

Market Values:

Home Prices from $20,954 to $48,340,888

Average Sales Price: $1,455,828

Rental Values:

Rental from $1,480 to $6,720

Average Rent Value: $3,486 / month

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