When was 16 Fairfax Ter, Chatham Boro, NJ last sold?

The most recent recorded sale was in 2017 for $970,000.

What is the assessed value of 16 Fairfax Ter, Chatham Boro, NJ?

The total municipal assessment is $59,900 (land plus improvements).

What is 16 Fairfax Ter, Chatham Boro, NJ worth?

Our model estimates a market value of $71,591, derived from comparable recorded sales nearby.

How many units does 16 Fairfax Ter, Chatham Boro, NJ have?

Records show 1 dwelling unit at 16 Fairfax Ter, Chatham Boro, NJ.

What kind of property is 16 Fairfax Ter, Chatham Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1938.

parceldata.nj

Loading…

16 Fairfax Ter, Chatham Boro, NJ — owner, sales, deeds · parceldata

16 Fairfax Ter

Chatham Boro, NJ 07928·Morris County

1404·block 15·lot 2

$71,591estimated value

Last sale

$970,000

11/10/2017 · MOD-IV (Rutgers)

1 other property share this owner's mailing address.View portfolio →

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1938

Building size

144 sq ft

Lot size

0.03 ac

Land description

20X66 IRR

Building description

2SF PARTIAL

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$59,900

Land value

$9,900

Improvement value

$50,000

Last year's tax

$970

Last MOD-IV sale

$970,000

MOD-IV deed date

11/10/2017

Owner mailing address

16 FAIRFAX TER
CHATHAM, NJ 07928

Estimated market value

$71,591

range $60,852 – $82,329

moderate confidence

Assessment-implied: $71,591; Director's Ratio 0.8367 (2025)
Comparable sales: 2 (below threshold)

Estimated value, last 11 years

2016: $45,911 → 2026: $71,591

dots are actual sale prices for this property

Based on 2 comparable sales

Address	Sold	Price

Bordering

200-ft notice list →

18 Fairfax Ter
Lot 1·$3,200
17 Edgewood Rd
Lot 13·$1,363,400
21 Edgewood Rd
Lot 14·$1,061,200
18 Fairfax Ter
Lot 15·$811,500
16 Fairfax Ter
Lot 16·$800,900
14 Fairfax Ter
Lot 3·$1,173,400

Block 15All of Block 15 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1404_15_2",
  "county_code": "14",
  "district_code": "04",
  "block": "15",
  "lot": "2",
  "qualifier": "",
  "property_location": "16 FAIRFAX TER",
  "property_class": "2",
  "bldg_class": null,
  "bldg_desc": "2SF PARTIAL",
  "land_desc": "20X66 IRR",
  "year_built": 1938,
  "living_sqft": 144,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "990000",
  "improvement_value_cents": "5000000",
  "net_value_cents": "5990000",
  "last_yr_tx_cents": "96978",
  "deed_date": "2017-11-10",
  "deed_book": "23273",
  "deed_page": "37",
  "sale_price_cents": "97000000",
  "sales_code": null,
  "owner_mailing_street": "16 FAIRFAX TER",
  "owner_mailing_city_state_zip": "CHATHAM, NJ  07928",
  "mun_name": "CHATHAM BORO",
  "calc_acre": "0.030000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.39515102678723,
  "centroid_lat": 40.737820237952995
}

SR1A

[
  {
    "id": "02081a14-0678-4efe-8143-97cc060deae8",
    "property_id": "809c7a36-32d8-4f6c-83d5-d142fe30264c",
    "county_code": "14",
    "district_code": "04",
    "block": "15",
    "lot": "2",
    "qualifier": "",
    "deed_book": "23273",
    "deed_page": "37",
    "deed_date": "2017-11-10",
    "date_recorded": "2017-11-10",
    "sale_price_cents": "97000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "d2de41f9-2104-4bbe-9f23-cc5cedebc29f",
    "property_id": "809c7a36-32d8-4f6c-83d5-d142fe30264c",
    "county_code": "14",
    "district_code": "04",
    "block": "15",
    "lot": "2",
    "qualifier": "",
    "deed_book": "4540",
    "deed_page": "35",
    "deed_date": "1997-03-07",
    "date_recorded": "1997-03-25",
    "sale_price_cents": "38100000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "cd5ee0bc-3c6c-4eec-9960-1a944ae374eb",
    "property_id": "809c7a36-32d8-4f6c-83d5-d142fe30264c",
    "county_code": "14",
    "district_code": "04",
    "block": "15",
    "lot": "2",
    "qualifier": "",
    "deed_book": "4540",
    "deed_page": "35",
    "deed_date": "1997-03-07",
    "date_recorded": "1997-03-07",
    "sale_price_cents": "38100000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "5a7b2391-2ebb-4cc3-aa7c-03fd007398d1",
    "property_id": "809c7a36-32d8-4f6c-83d5-d142fe30264c",
    "county_code": "14",
    "district_code": "04",
    "block": "15",
    "lot": "2",
    "qualifier": "",
    "deed_book": "3628",
    "deed_page": "217",
    "deed_date": "1992-07-21",
    "date_recorded": "1992-07-21",
    "sale_price_cents": "30500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "7e651a07-a22e-4a0b-8f76-d775608eba1f",
    "property_id": "809c7a36-32d8-4f6c-83d5-d142fe30264c",
    "county_code": "14",
    "district_code": "04",
    "block": "15",
    "lot": "2",
    "qualifier": "",
    "deed_book": "3096",
    "deed_page": "162",
    "deed_date": "1989-02-08",
    "date_recorded": "1989-02-08",
    "sale_price_cents": "29900000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 16 Fairfax Ter, Chatham Boro, NJ last sold?: The most recent recorded sale was in 2017 for $970,000.
What is the assessed value of 16 Fairfax Ter, Chatham Boro, NJ?: The total municipal assessment is $59,900 (land plus improvements).
What is 16 Fairfax Ter, Chatham Boro, NJ worth?: Our model estimates a market value of $71,591, derived from comparable recorded sales nearby.
How many units does 16 Fairfax Ter, Chatham Boro, NJ have?: Records show 1 dwelling unit at 16 Fairfax Ter, Chatham Boro, NJ.
What kind of property is 16 Fairfax Ter, Chatham Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1938.

Sales history

11/10/2017$970,000
MOD-IV (Rutgers)Bk 23273 / Pg 37
3/25/1997$381,000
taxrecords_njBk 4540 / Pg 35
3/7/1997$381,000
MOD-IV (Rutgers)Bk 4540 / Pg 35
7/21/1992$305,000
MOD-IV (Rutgers)Bk 3628 / Pg 217
2/8/1989$299,000
MOD-IV (Rutgers)Bk 3096 / Pg 162

Date	Price	Book / Page	Source
11/10/2017	$970,000	23273 / 37	MOD-IV (Rutgers)
3/25/1997	$381,000	4540 / 35	taxrecords_nj
3/7/1997	$381,000	4540 / 35	MOD-IV (Rutgers)
7/21/1992	$305,000	3628 / 217	MOD-IV (Rutgers)
2/8/1989	$299,000	3096 / 162	MOD-IV (Rutgers)

41 Garden Ave	9/16/2025	$1,150,000
41 Garden Ave	10/13/2023	$1,100,000