When was 56 Watchung Ave, Chatham Boro, NJ last sold?

The most recent recorded sale was in 2017 for $92,500.

What is the assessed value of 56 Watchung Ave, Chatham Boro, NJ?

The total municipal assessment is $652,900 (land plus improvements).

What is 56 Watchung Ave, Chatham Boro, NJ worth?

Our model estimates a market value of $926,332, derived from comparable recorded sales nearby.

How many units does 56 Watchung Ave, Chatham Boro, NJ have?

Records show 1 dwelling unit at 56 Watchung Ave, Chatham Boro, NJ.

What kind of property is 56 Watchung Ave, Chatham Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1929.

parceldata.nj

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56 Watchung Ave, Chatham Boro, NJ — owner, sales, deeds · parceldata

56 Watchung Ave

Chatham Boro, NJ 07928·Morris County

1404·block 112·lot 2

$926,332estimated value

Last sale

$92,500

9/27/2017 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1929

Building size

1,456 sq ft

Lot size

0.24 ac

Land description

50X206

Building description

2SF G2 OB

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$652,900

Land value

$485,600

Improvement value

$167,300

Last year's tax

$10,570

Last MOD-IV sale

$92,500

MOD-IV deed date

7/26/2017

Owner mailing address

56 WATCHUNG AVE
CHATHAM, NJ 07928

Estimated market value

$926,332

range $791,445 – $1,049,871

moderate confidence

Assessment-implied: $780,327; Director's Ratio 0.8367 (2025)
Comp-implied: $975,000; 30 comparable sales

Estimated value, last 11 years

2016: $594,053 → 2026: $926,332

dots are actual sale prices for this property

Based on 30 comparable sales

Address	Sold	Price
116 N Passaic Ave	3/12/2026	$810,000

Bordering

200-ft notice list →

52 Watchung Ave
Lot 1·$1,193,500
60 Watchung Ave
Lot 3·$939,000
27 Bridge St
Lot 4·$759,500

Block 112All of Block 112 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "56 WATCHUNG AVE CHATHAM NJ 07928"
    ],
    "zipKeys": [
      "56 WATCHUNG AVE 07928"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1404_112_2",
  "county_code": "14",
  "district_code": "04",
  "block": "112",
  "lot": "2",
  "qualifier": "",
  "property_location": "56 WATCHUNG AVE",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "2SF G2 OB",
  "land_desc": "50X206",
  "year_built": 1929,
  "living_sqft": 1456,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "48560000",
  "improvement_value_cents": "16730000",
  "net_value_cents": "65290000",
  "last_yr_tx_cents": "1057045",
  "deed_date": "2017-07-26",
  "deed_book": "23213",
  "deed_page": "786",
  "sale_price_cents": "9250000",
  "sales_code": null,
  "owner_mailing_street": "56 WATCHUNG AVE",
  "owner_mailing_city_state_zip": "CHATHAM, NJ  07928",
  "mun_name": "CHATHAM BORO",
  "calc_acre": "0.236000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.38264476302264,
  "centroid_lat": 40.73171306957764
}

SR1A

[
  {
    "id": "6cdb20d8-f446-49bf-a934-fce3b4f845da",
    "property_id": "ef8e94c9-4366-40cc-a660-53b22a85efae",
    "county_code": "14",
    "district_code": "04",
    "block": "112",
    "lot": "2",
    "qualifier": "",
    "deed_book": "23213",
    "deed_page": "786",
    "deed_date": "2017-07-26",
    "date_recorded": "2017-09-27",
    "sale_price_cents": "9250000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "bdd36f27-1783-40ea-8068-2d5cd9d52325",
    "property_id": "ef8e94c9-4366-40cc-a660-53b22a85efae",
    "county_code": "14",
    "district_code": "04",
    "block": "112",
    "lot": "2",
    "qualifier": "",
    "deed_book": "23213",
    "deed_page": "786",
    "deed_date": "2017-07-26",
    "date_recorded": "2017-07-26",
    "sale_price_cents": "9250000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "2bb889a9-68f1-46dc-a89d-ea1157fbebea",
    "property_id": "ef8e94c9-4366-40cc-a660-53b22a85efae",
    "county_code": "14",
    "district_code": "04",
    "block": "112",
    "lot": "2",
    "qualifier": "",
    "deed_book": "23116",
    "deed_page": "343",
    "deed_date": "2017-03-31",
    "date_recorded": "2017-04-28",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  }
]

API record·permalink

Frequently asked questions

When was 56 Watchung Ave, Chatham Boro, NJ last sold?: The most recent recorded sale was in 2017 for $92,500.
What is the assessed value of 56 Watchung Ave, Chatham Boro, NJ?: The total municipal assessment is $652,900 (land plus improvements).
What is 56 Watchung Ave, Chatham Boro, NJ worth?: Our model estimates a market value of $926,332, derived from comparable recorded sales nearby.
How many units does 56 Watchung Ave, Chatham Boro, NJ have?: Records show 1 dwelling unit at 56 Watchung Ave, Chatham Boro, NJ.
What kind of property is 56 Watchung Ave, Chatham Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1929.

Sales history

9/27/2017$92,500
taxrecords_njBk 23213 / Pg 786
7/26/2017$92,500
MOD-IV (Rutgers)Bk 23213 / Pg 786
4/28/2017$1
taxrecords_njBk 23116 / Pg 343

Date	Price	Book / Page	Source
9/27/2017	$92,500	23213 / 786	taxrecords_nj
7/26/2017	$92,500	23213 / 786	MOD-IV (Rutgers)
4/28/2017	$1	23116 / 343	taxrecords_nj