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    Chatham, NJ
    Residential Income

    Chatham, NJ Residential Income Properties for Sale

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    Summit, NJ Madison, NJ Chatham Township, NJ Florham Park, NJ New Providence, NJ East Hanover, NJ Livingston, NJ Millburn, NJ
    Historic Mixed-Use Office & Apartments
    Updated: Jun 1
    Historic Mixed-Use Office & Apartments

    331 Main St, Chatham, NJ 07928

    $1,499,000
    3,667 sqft
    Mixed‑use downtown Chatham building built circa 1870 with office space, 2 residential apartments, and 22 on‑site parking spaces
    First floor includes open reception and waiting area, conference room, and two offices, plus 2 additional private offices
    Second‑floor apartment has living room, kitchen, full bath, large bedroom with two closets, and an expansive outdoor deck
    Third‑floor apartment features a family room, kitchen, bedroom with two closets, dedicated office, and a full bath with shower
    Lower level includes tenant laundry, multiple storage rooms, and additional utility/storage space
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    This listing looks promising.

    Here's a quick look at some key insights for

    331 Main St, Chatham Boro, NJ 07928

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    • Est. Cap Rate

      4.1%
      NOI ÷ price

    • Est. NOI

      $61K
      Annual

    • Price @ 7% Cap

      $877K
      Suggested

    • Property Type

      Commercial (General)
      Built 1900
    View Property Analytics
    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.
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Chatham, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

    Two-Family Duplex with Walk-Out Basements
    Two-Family Duplex with Walk-Out Basements

    718 Springfield Ave, Summit, NJ 07901

    $1,195,000
    0.14 AC lot

    Each unit features four bedrooms, hardwood floors, and walk-out basement space alongside off-street parking for flexible living.

    View details
    Renovated Two-Unit Residential Income
    Renovated Two-Unit Residential Income

    14 Locust St, Madison, NJ 07940

    $1,100,000
    0.24 AC lot

    Renovated two-family duplex with two apartments, washer/dryer in-unit, and a deep lot plus a full unfinished basement.

    View details
    Renovated Two-Family Duplex
    Renovated Two-Family Duplex

    14 Locust St, Madison, NJ 07940

    $1,100,000

    Turn-key renovated two-family setup with in-unit washer/dryer, offering flexible owner-occupant or rental income options.

    View details
    Sun-Filled Four-Unit Multifamily Home
    Sun-Filled Four-Unit Multifamily Home

    23 EUCLID Ave, Summit, NJ 07901

    $1,775,000
    0.31 AC lot

    Well-maintained four-unit multifamily home in the heart of Summit.

    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.

    Single-Family Residential Land Parcel
    Single-Family Residential Land Parcel

    685 Shunpike Rd, Chatham Twp, NJ 07935

    $2,300,000
    5.44 AC lot

    Level residential land package with public utilities available in-street and access via a partially paved roadway.

    View details
    Scotch Plains Development Opportunity
    Scotch Plains Development Opportunity

    401 Acacia Road, Scotch Plains, NJ 07076

    $3,500,000
    6.37 AC lot

    6.37 acres in Scotch Plains, endless development potential.

    View details
    Land with Development Potential
    Land with Development Potential

    549 Jerusalem, Scotch Plains, NJ 07076

    $2,400,000

    Large lot suitable for subdivision in a desirable location.

    View details
    Development Opportunity Overlooking Golf Course
    Development Opportunity Overlooking Golf Course

    1 Pierson Rd, Maplewood, NJ 07040

    $1,900,000
    1.47 AC lot

    Rare 1.47-acre development site with golf course views.

    View details

    Chatham, NJ Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Chatham, NJ on our real estate platform. These investment opportunities span a total of 6,122 square feet of properties for sale, with an estimated market value of $2,424,000.

    Sale prices for residential income properties in Chatham, NJ start at $925,000, averaging $1,212,000, and reaching up to $1,499,000 — 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

    Multifamily properties 2
    Apartment buildings 1
    Duplexes 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 $1.2M

    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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    Most Searched ZIP Codes in Chatham, NJ

    • 07928

    Featured Chatham Real Estate Agencies

    Realmo connects you with licensed Chatham CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Driscoll Real Estate
    27 bowers lane Chatham, NJ 07928
    Phone: 19736357272
    driscollrealestatellc.com/

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