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As-is Deals 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 $1,441,818.
In Chatham, NJ, how many homes are available?
There are currently 52 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 $49,164,864.
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 picturesque suburb known for its family-friendly environment, thriving local businesses, and excellent school system. With easy access to public transportation options like NJ Transit, residents can commute to New York City effortlessly. Outdoor spaces and community-centered events enhance the quality of life in this charming township.

Current Market Conditions in Chatham, NJ

Chatham's real estate market remains robust, characterized by a combination of charming historic homes and new construction. The area is highly sought after due to its top-ranking school district and close proximity to New York City, which continues to drive demand for housing.

As of now, home prices in Chatham have shown steady appreciation, reflecting the area's attractiveness to potential buyers. The town is experiencing a shortage of inventory, with properties often going under contract quickly.

Overall, the real estate market is competitive, and buyers are generally being advised to act promptly when they find a property that meets their needs.

Home Value Estimator For Chatham, NJ

There are currently 6,367 real estate properties in Chatham, NJ, with a median automated valuation model (AVM) price of $1,321,986.00. 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 $1,441,818.00, with the most expensive house in Chatham, NJ, topping out at $49,164,864.00 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 As-is Deals

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