331 Main St Chatham, NJ 07928
For Sale
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Exceptional investment and professional opportunity in the heart of downtown Chatham. Ideally located next to the train station and just moments from shops, dining, and everyday conveniences, this circa-1870 historical property blends timeless architectural character with outstanding versatility for a wide range of professional uses. Set on a generously sized property with 22 parking spaces, the building is thoughtfully configured to accommodate owner-users, investors, or multi-tenant professional occupancy. The first floor features a spacious open reception and waiting area, conference room, and two offices, creating an ideal setting for medical, legal, wellness, financial, or boutique professional use. Two additional private offices provide flexibility for expansion or valuable rental income potential. Adding to the property's appeal are two residential apartments with a private front entrance, offering additional income streams. The second-floor apartment includes a living room, kitchen, full bath, large bedroom with two closets, and expansive outdoor deck space. The third-floor apartment features a family room, kitchen, bedroom with two closets, dedicated office, and full bath with shower. The lower level offers tenant laundry, storage rooms, and additional utility/storage space. Rich in historic charm and architectural details, this unique mixed-use property presents endless possibilities in one of Chatham's most desirable and commuter-friendly downtown locations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
