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    Historic Chatham Borough Mixed-Use Property
    Updated: May 13, 2025
    Historic Chatham Borough Mixed-Use Property

    368 Main St, Chatham, NJ 07928

    $925,000
    2,455 sqft
    Approved permits and architectural plans for conversion into three residential units (two 2‑bedroom, one studio).
    Zoned for both office and residential use, offering versatile investment options.
    Prime downtown Chatham Borough location.
    Currently leased through September 1, 2025, providing immediate income.
    Includes off‑street parking with a private lot, a rare downtown asset.
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    This listing looks promising.

    Here's a quick look at some key insights for

    368 Main St, Chatham Boro, NJ 07928

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    • Est. Cap Rate

      4.1%
      NOI ÷ price

    • Est. NOI

      $38K
      Annual

    • Mortgage

      $613K
      Sep 2025

    • Last Sold

      Sep 2025
      $913K

    • Property Type

      Commercial (General)
      Built 1904
    View Property Analytics
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Chatham, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multifamily Apartment Building
    Multifamily Apartment Building

    1122-1124 East 2nd Street, Plainfield, NJ 07062

    Contact for pricing
    3,000 sqft

    For sale multifamily property suited to buyers seeking a residential income asset.

    View details
    17-Unit Multifamily Rental Property
    17-Unit Multifamily Rental Property

    66 Olympic Terrace, Irvington, NJ 07111

    Contact for pricing
    0.11 AC lot

    A 17-unit multifamily asset offering studio, one-bedroom, and two-bedroom apartments on a compact site.

    View details
    New Multifamily Property with Retail
    New Multifamily Property with Retail

    1369-1403 South Ave, Plainfield, NJ 07062

    Contact for pricing

    Newly constructed multifamily property with retail space in Plainfield, NJ.

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    Seven-Unit Multifamily Building
    Seven-Unit Multifamily Building

    169 Harper Ave, Irvington, NJ 07111

    Contact for pricing

    Seven separately metered apartments offer a mix of two-bedroom and one-bedroom units with on-site driveway parking for up to three cars.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Duplex
    Detached Two-Family Duplex

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family residence with two three-bedroom apartments, a separate-entry basement, and public water and sewer service.

    View details

    Chatham, NJ Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Chatham, NJ on our real estate platform. These investment opportunities span a total of 2,455 square feet of properties for sale, with an estimated market value of $925,000.

    Sale prices for two-family homes in Chatham, NJ average $925,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 20K
    Population Growth (5Y) +3.8%
    Median Household Income $236,000

    High-Yield Neighborhoods for Investment

    Identify Chatham submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07928 $925K

    Taxes & Financing

    Tax Rate (average for all types) 1.64%
    Property Tax per SF $7.75 per SF
    Tax Rate vs County Average 0.88 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Morris County

    New Delisted

    Total CRE Inventory on Market (SF)

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