When was 7 Penn Ter, Chatham Boro, NJ last sold?

The most recent recorded sale was in 2018 for $825,000.

What is the assessed value of 7 Penn Ter, Chatham Boro, NJ?

The total municipal assessment is $1,035,300 (land plus improvements).

What is 7 Penn Ter, Chatham Boro, NJ worth?

Our model estimates a market value of $1,269,575, derived from comparable recorded sales nearby.

How many units does 7 Penn Ter, Chatham Boro, NJ have?

Records show 1 dwelling unit at 7 Penn Ter, Chatham Boro, NJ.

What kind of property is 7 Penn Ter, Chatham Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1950.

parceldata.nj

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7 Penn Ter, Chatham Boro, NJ — owner, sales, deeds · parceldata

7 Penn Ter

Chatham Boro, NJ 07928·Morris County

1404·block 23·lot 3

$1,269,575estimated value

Last sale

$825,000

11/16/2018 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1950

Building size

1,717 sq ft

Lot size

0.16 ac

Land description

56X126

Building description

2SF G1

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$1,035,300

Land value

$730,800

Improvement value

$304,500

Last year's tax

$16,762

Last MOD-IV sale

$825,000

MOD-IV deed date

11/2/2018

Owner mailing address

7 PENN TER
CHATHAM, NJ 07928

Estimated market value

$1,269,575

range $1,027,031 – $1,382,563

high confidence

Assessment-implied: $1,237,361; Director's Ratio 0.8367 (2025)
Comp-implied: $1,280,313; 30 comparable sales

Estimated value, last 11 years

2016: $814,173 → 2026: $1,269,575

dots are actual sale prices for this property

Bordering

200-ft notice list →

46 Meadowbrook Rd
Lot 10·$1,073,400
50 Meadowbrook Rd
Lot 11·$995,300
9 Penn Ter
Lot 2·$1,114,500
5 Penn Ter
Lot 4·$1,234,100

Block 23All of Block 23 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1404_23_3",
  "county_code": "14",
  "district_code": "04",
  "block": "23",
  "lot": "3",
  "qualifier": "",
  "property_location": "7 PENN TER",
  "property_class": "2",
  "bldg_class": "18",
  "bldg_desc": "2SF G1",
  "land_desc": "56X126",
  "year_built": 1950,
  "living_sqft": 1717,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "73080000",
  "improvement_value_cents": "30450000",
  "net_value_cents": "103530000",
  "last_yr_tx_cents": "1676151",
  "deed_date": "2018-11-02",
  "deed_book": "23450",
  "deed_page": "1832",
  "sale_price_cents": "82500000",
  "sales_code": null,
  "owner_mailing_street": "7 PENN TER",
  "owner_mailing_city_state_zip": "CHATHAM, NJ  07928",
  "mun_name": "CHATHAM BORO",
  "calc_acre": "0.162000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.39578168812157,
  "centroid_lat": 40.74072099435467
}

SR1A

[
  {
    "id": "e4fa46ba-bc85-4219-a75b-7628ea9f4851",
    "property_id": "92d7d7f0-66c7-4ae8-83dc-d0e286ecb283",
    "county_code": "14",
    "district_code": "04",
    "block": "23",
    "lot": "3",
    "qualifier": "",
    "deed_book": "23450",
    "deed_page": "1832",
    "deed_date": "2018-11-02",
    "date_recorded": "2018-11-16",
    "sale_price_cents": "82500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "107bffd2-d562-4513-8a74-fb2f9cdaea98",
    "property_id": "92d7d7f0-66c7-4ae8-83dc-d0e286ecb283",
    "county_code": "14",
    "district_code": "04",
    "block": "23",
    "lot": "3",
    "qualifier": "",
    "deed_book": "23450",
    "deed_page": "1832",
    "deed_date": "2018-11-02",
    "date_recorded": "2018-11-02",
    "sale_price_cents": "82500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "91324b26-174e-4861-8372-0e166a19f4b6",
    "property_id": "92d7d7f0-66c7-4ae8-83dc-d0e286ecb283",
    "county_code": "14",
    "district_code": "04",
    "block": "23",
    "lot": "3",
    "qualifier": "",
    "deed_book": "22682",
    "deed_page": "800",
    "deed_date": "2015-02-26",
    "date_recorded": "2015-03-24",
    "sale_price_cents": "81400000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "d10a13a1-3903-4d57-8bba-e391062ac83c",
    "property_id": "92d7d7f0-66c7-4ae8-83dc-d0e286ecb283",
    "county_code": "14",
    "district_code": "04",
    "block": "23",
    "lot": "3",
    "qualifier": "",
    "deed_book": "22682",
    "deed_page": "800",
    "deed_date": "2015-02-26",
    "date_recorded": "2015-02-26",
    "sale_price_cents": "81400000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "7f58938e-ace7-48da-acce-7737b950a69a",
    "property_id": "92d7d7f0-66c7-4ae8-83dc-d0e286ecb283",
    "county_code": "14",
    "district_code": "04",
    "block": "23",
    "lot": "3",
    "qualifier": "",
    "deed_book": "22295",
    "deed_page": "1285",
    "deed_date": "2013-02-06",
    "date_recorded": "2013-04-10",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "df4cdf53-5b00-40d6-94f5-280733557d45",
    "property_id": "92d7d7f0-66c7-4ae8-83dc-d0e286ecb283",
    "county_code": "14",
    "district_code": "04",
    "block": "23",
    "lot": "3",
    "qualifier": "",
    "deed_book": "22295",
    "deed_page": "1285",
    "deed_date": "2013-02-06",
    "date_recorded": "2013-02-06",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "f0eb84f3-fe21-482a-aae7-239d6efe8bc2",
    "property_id": "92d7d7f0-66c7-4ae8-83dc-d0e286ecb283",
    "county_code": "14",
    "district_code": "04",
    "block": "23",
    "lot": "3",
    "qualifier": "",
    "deed_book": "20898",
    "deed_page": "589",
    "deed_date": "2007-08-13",
    "date_recorded": "2007-08-17",
    "sale_price_cents": "79900000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "16e36ebf-780e-4c82-8e83-f632a84178ac",
    "property_id": "92d7d7f0-66c7-4ae8-83dc-d0e286ecb283",
    "county_code": "14",
    "district_code": "04",
    "block": "23",
    "lot": "3",
    "qualifier": "",
    "deed_book": "20898",
    "deed_page": "589",
    "deed_date": "2007-08-13",
    "date_recorded": "2007-08-13",
    "sale_price_cents": "79900000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "02cdaefd-fa8a-4245-b9c0-53c05ceeb9ce",
    "property_id": "92d7d7f0-66c7-4ae8-83dc-d0e286ecb283",
    "county_code": "14",
    "district_code": "04",
    "block": "23",
    "lot": "3",
    "qualifier": "",
    "deed_book": "4111",
    "deed_page": "188",
    "deed_date": "1994-12-02",
    "date_recorded": "1994-12-22",
    "sale_price_cents": "29700000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "f41e277f-58a4-449d-b682-aed052aa0101",
    "property_id": "92d7d7f0-66c7-4ae8-83dc-d0e286ecb283",
    "county_code": "14",
    "district_code": "04",
    "block": "23",
    "lot": "3",
    "qualifier": "",
    "deed_book": "4111",
    "deed_page": "188",
    "deed_date": "1994-12-02",
    "date_recorded": "1994-12-02",
    "sale_price_cents": "29700000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 7 Penn Ter, Chatham Boro, NJ last sold?: The most recent recorded sale was in 2018 for $825,000.
What is the assessed value of 7 Penn Ter, Chatham Boro, NJ?: The total municipal assessment is $1,035,300 (land plus improvements).
What is 7 Penn Ter, Chatham Boro, NJ worth?: Our model estimates a market value of $1,269,575, derived from comparable recorded sales nearby.
How many units does 7 Penn Ter, Chatham Boro, NJ have?: Records show 1 dwelling unit at 7 Penn Ter, Chatham Boro, NJ.
What kind of property is 7 Penn Ter, Chatham Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1950.

Based on 30 comparable sales

Address	Sold	Price
62 Lincoln Ave	2/4/2026	$1,725,523
205 Hillside Ave	2/3/2026	$750,000
5 Woodland Rd	1/27/2026	$1,600,000
102 Center Ave	1/27/2026	$1,260,000
14 Carmine St	1/12/2026	$810,000
24 Bridge St	1/5/2026	$880,000
25 Roosevelt Ave	12/17/2025	$1,595,000
21 Garden Ave	12/12/2025	$1,225,000
149 N Hillside Ave	12/8/2025	$1,055,000
57 Parrott Mill Rd	12/3/2025	$1,420,000
20 Orchard Rd	12/2/2025	$1,205,000
169 Watchung Ave	11/21/2025	$915,000
8 Mercer Ave	11/10/2025	$1,210,000
15 Duchamp Pl	10/20/2025	$1,625,000
41 Garden Ave	9/16/2025	$1,150,000
58 N Summit Ave	8/15/2025	$1,220,000
73 Lafayette Ave	8/5/2025	$1,255,500
157 N Hillside Ave	8/5/2025	$915,000
46 N Summit Ave	7/30/2025	$1,783,000
21 Yale St	7/14/2025	$999,000
100 Van Doren Ave	7/9/2025	$1,111,100
12 Fuller Ave	6/24/2025	$830,000
28 University Ave	6/24/2025	$1,450,000
62 Lincoln Ave	6/18/2025	$899,000
36 Minton Ave	6/11/2025	$875,000
19 Coleman Ave E	6/9/2025	$1,125,000
120 Lafayette Ave	6/2/2025	$1,200,000
36 Tallmadge Ave	5/30/2025	$999,999
83 Orchard Rd	5/29/2025	$1,087,000
7 Sussex Ave	4/24/2025	$1,210,000

Sales history

11/16/2018$825,000
taxrecords_njBk 23450 / Pg 1832
11/2/2018$825,000
MOD-IV (Rutgers)Bk 23450 / Pg 1832
3/24/2015$814,000
taxrecords_njBk 22682 / Pg 800
2/26/2015$814,000
MOD-IV (Rutgers)Bk 22682 / Pg 800
4/10/2013$1
taxrecords_njBk 22295 / Pg 1285
2/6/2013$1
MOD-IV (Rutgers)Bk 22295 / Pg 1285
8/17/2007$799,000
taxrecords_njBk 20898 / Pg 589
8/13/2007$799,000
MOD-IV (Rutgers)Bk 20898 / Pg 589
12/22/1994$297,000
taxrecords_njBk 4111 / Pg 188
12/2/1994$297,000
MOD-IV (Rutgers)Bk 4111 / Pg 188

Date	Price	Book / Page	Source
11/16/2018	$825,000	23450 / 1832	taxrecords_nj
11/2/2018	$825,000	23450 / 1832	MOD-IV (Rutgers)
3/24/2015	$814,000	22682 / 800	taxrecords_nj
2/26/2015	$814,000	22682 / 800	MOD-IV (Rutgers)
4/10/2013	$1	22295 / 1285	taxrecords_nj
2/6/2013	$1	22295 / 1285	MOD-IV (Rutgers)
8/17/2007	$799,000	20898 / 589	taxrecords_nj
8/13/2007	$799,000	20898 / 589	MOD-IV (Rutgers)
12/22/1994	$297,000	4111 / 188	taxrecords_nj