Chatham Borough Redevelopment
For Sale
$8,500,000
55 River Road, Chatham, NJ 07928
Seven contiguous lots in designated redevelopment area.
Property SizeContact for details
Lot Size1.94 Acres
Days on Market315
Property Features for 55 River Road
General Information
Standard status
Active
Lot size
1.94 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$44,897
Amenities
Level Lot
Open Lot
Listing Agency:
COLDWELL BANKER REALTY
(908) 735-8080
Listed By:
FREEMAN SMITH · License #261188
Source:
Corcoran
Added: Sep 29, 2025
Changed: Aug 8
Last Checked: Jul 16 at 6:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This property features seven contiguous lots totaling 2 acres, situated within a designated redevelopment area in Chatham Borough. It is included in Chatham's 3rd round affordable housing plan, related to Chatham's 202 affordable house program. The property has a zoning overlay and is part of the third round 2025-2030 plan of 181 units, with a minimum of 67 units planned. Prospective buyers are advised to verify details with the town.
Key Highlights
- Located in a designated redevelopment area, streamlining development.
- Included in Chatham's affordable housing plan, 3rd round, presenting a defined opportunity.
- Approved for a minimum of 67 housing units, providing substantial capacity.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
443
Businesses Nearby
Explore this area
Business Placement
Demographics for 07928, NJ
19,778
Population
6,837
Households
2.9
Avg Household Size
42
Median Age
83%
College-Educated
99%
High-School Grad
9.3 sq mi
ZIP Area
2,127
Density / Sq Mi
$236,000
Median Household Income
$101,563
Median Earnings
$2,441
Median Rent
$965,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Seven contiguous lots in designated redevelopment area.
Where is this residential land & home lot located?
The property is located at 55 River Road Chatham, NJ.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Located in a designated redevelopment area, streamlining development.; Included in Chatham's affordable housing plan, 3rd round, presenting a defined opportunity.; Approved for a **minimum of 67 housing units**, providing substantial capacity.
