When was 3 Watchung Ave, Chatham Boro, NJ last sold?

The most recent recorded sale was in 2005 for $200,000.

What is the assessed value of 3 Watchung Ave, Chatham Boro, NJ?

The total municipal assessment is $753,900 (land plus improvements).

What is 3 Watchung Ave, Chatham Boro, NJ worth?

Our model estimates a market value of $901,040, derived from comparable recorded sales nearby.

What kind of property is 3 Watchung Ave, Chatham Boro, NJ?

MOD-IV classifies it as Commercial (class 4A).

parceldata.nj

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

3 Watchung Ave

Chatham Boro, NJ·Morris County

1404·block 140·lot 14

$901,040estimated value

Last sale

$200,000

7/14/2005 · taxrecords_nj

Property

Type

Commercial

Tax class

Commercial

Year built

Building size

—

Lot size

1.00 ac

Land description

01.0021 AC

Building description

1SB

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$753,900

Land value

$727,900

Improvement value

$26,000

Last year's tax

$12,206

Last MOD-IV sale

$200,000

MOD-IV deed date

7/7/2005

Owner mailing address

P.O. BOX 1407
SUMMIT, NJ 07901

Estimated market value

$901,040

range $765,884 – $1,036,196

moderate confidence

Assessment-implied: $901,040; Director's Ratio 0.8367 (2025)
Comparable sales: 1 (below threshold)

Estimated value, last 11 years

2016: $577,833 → 2026: $901,040

Based on 1 comparable sale

Address	Sold	Price
135 Main St	1/9/2025	$1,350,000

Sales history

Bordering

200-ft notice list →

21 Perrin St
Lot 1·$16,400
7 Watchung Ave
Lot 13·$686,600
1 Watchung Ave
Lot 15·$500
3 Watchung Ave
Lot 16·$1,212,200

Block 140All of Block 140 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "P O BOX 1407 SUMMIT NJ 07901"
    ],
    "zipKeys": [
      "P O BOX 1407 07901"
    ]
  },
  "effective_unit_count": null,
  "effective_unit_count_source": "none"
}

MOD-IV

{
  "pams_pin": "1404_140_14",
  "county_code": "14",
  "district_code": "04",
  "block": "140",
  "lot": "14",
  "qualifier": "",
  "property_location": "3 WATCHUNG AVE",
  "property_class": "4A",
  "bldg_class": null,
  "bldg_desc": "1SB",
  "land_desc": "01.0021 AC",
  "year_built": 0,
  "living_sqft": null,
  "dwelling_units": null,
  "comm_dwell": null,
  "land_value_cents": "72790000",
  "improvement_value_cents": "2600000",
  "net_value_cents": "75390000",
  "last_yr_tx_cents": "1220564",
  "deed_date": "2005-07-07",
  "deed_book": "6378",
  "deed_page": "107",
  "sale_price_cents": "20000000",
  "sales_code": null,
  "owner_mailing_street": "P.O. BOX 1407",
  "owner_mailing_city_state_zip": "SUMMIT, NJ  07901",
  "mun_name": "CHATHAM BORO",
  "calc_acre": "1.002000",
  "add_lots1": null,
  "add_lots2": "44155 SF",
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.38054476384139,
  "centroid_lat": 40.72780573910031
}

SR1A

[
  {
    "id": "f88f65bc-8b54-4b3d-b9bf-8ecffc5441bf",
    "property_id": "4c5a1139-2872-4301-b072-23f2630f7995",
    "county_code": "14",
    "district_code": "04",
    "block": "140",
    "lot": "14",
    "qualifier": "",
    "deed_book": "6378",
    "deed_page": "107",
    "deed_date": "2005-07-07",
    "date_recorded": "2005-07-14",
    "sale_price_cents": "20000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "b6de39d3-c2e8-483e-8bcb-10d596ed316d",
    "property_id": "4c5a1139-2872-4301-b072-23f2630f7995",
    "county_code": "14",
    "district_code": "04",
    "block": "140",
    "lot": "14",
    "qualifier": "",
    "deed_book": "6378",
    "deed_page": "107",
    "deed_date": "2005-07-07",
    "date_recorded": "2005-07-07",
    "sale_price_cents": "20000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "4e2b9582-5673-4376-b902-b3f0ecf0b48e",
    "property_id": "4c5a1139-2872-4301-b072-23f2630f7995",
    "county_code": "14",
    "district_code": "04",
    "block": "140",
    "lot": "14",
    "qualifier": "",
    "deed_book": "5449",
    "deed_page": "228",
    "deed_date": "2001-08-21",
    "date_recorded": "2001-08-28",
    "sale_price_cents": "11500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  }
]

API record·permalink

Frequently asked questions

When was 3 Watchung Ave, Chatham Boro, NJ last sold?: The most recent recorded sale was in 2005 for $200,000.
What is the assessed value of 3 Watchung Ave, Chatham Boro, NJ?: The total municipal assessment is $753,900 (land plus improvements).
What is 3 Watchung Ave, Chatham Boro, NJ worth?: Our model estimates a market value of $901,040, derived from comparable recorded sales nearby.
What kind of property is 3 Watchung Ave, Chatham Boro, NJ?: MOD-IV classifies it as Commercial (class 4A).

Date	Price	Book / Page	Source
7/14/2005	$200,000	6378 / 107	taxrecords_nj
7/7/2005	$200,000	6378 / 107	MOD-IV (Rutgers)
8/28/2001	$115,000	5449 / 228	taxrecords_nj