Multifamily

Chatham, NJ Multifamily Properties for Sale

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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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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Chatham, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

6-Unit Apartment Building
6-Unit Apartment Building

50 Cook Ave, Madison, NJ 07940

$2,750,000
6,954 sqft

Individual utility metering and separate heating equipment serve the apartments.

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Victorian Quadplex with Updated Interiors
Victorian Quadplex with Updated Interiors

2 Hillside Ave, Summit, NJ 07901

$1,800,000
4,239 sqft 0.17 AC lot

Four apartments pair refreshed kitchens and baths with original architectural details and dedicated storage.

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Victorian-Style Duplex
Victorian-Style Duplex

600 Springfield Ave, Summit, NJ 07901

$899,000

Two residences share a welcoming entryway, with flexible living areas, private outdoor space, and month-to-month tenancy.

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Multifamily
Multifamily

213-215 Main Street, Madison, NJ 07940

Contact for pricing

Multifamily properties

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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.

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Flatbush Development Property For Sale
Flatbush Development Property For Sale

14 E 32nd Street lot: 13, Brooklyn, NY 11226

$1,249,000
1,407 sqft 0.09 AC lot

40 x 100 lot with R6, C1-2 zoning.

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Chatham, NJ Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties 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 multifamily properties 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1

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 $941.7K

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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