Chatham, NJ Real Estate

According to census data in the year 2000 there were 3,232 housing units in Chatham. This represents a 2.5% growth from 3,154 in 1990.

Of those housing units, 3,232 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Chatham is about 79.4%. Chatham's vacancy rate, including seasonal lodging, is about 2.3%. Average household size is 2.67 people.

The majority of houses, apartments or condos in Chatham were built after 1946.


Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom7.30%
Two Bedrooms16.10%
Three Bedrooms43.60%
Four Bedrooms26.90%
Five Bedrooms or more5.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.79
Median year structure was built1946
Median Value of occupied units$376,900
Median Price asked for vacant units$344,600

Rented Homes, Apartments and Condos

Average Household Size2.18
Median year structure was built1951
Median Monthly Rent asked for vacant units$1,313

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.30%
Second Mortgage8.70%
Home Equity Loan10.80%
Simple Mortgage54.50%
Debt Free24.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.7%