When was 5 Penn Ter, Chatham Boro, NJ last sold?

The most recent recorded sale was in 2025 for $1,999,000.

What is the assessed value of 5 Penn Ter, Chatham Boro, NJ?

The total municipal assessment is $1,234,100 (land plus improvements).

What is 5 Penn Ter, Chatham Boro, NJ worth?

Our model estimates a market value of $1,966,996, derived from comparable recorded sales nearby.

How many units does 5 Penn Ter, Chatham Boro, NJ have?

Records show 1 dwelling unit at 5 Penn Ter, Chatham Boro, NJ.

What kind of property is 5 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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5 Penn Ter, Chatham Boro, NJ — owner, sales, deeds · parceldata

5 Penn Ter

Chatham Boro, NJ 07928·Morris County

1404·block 23·lot 4

$1,966,996estimated value

Last sale

$1,999,000

10/31/2025 · SR1A 2026

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1950

Building size

2,758 sq ft

Lot size

0.16 ac

Land description

58X117

Building description

2SF G1

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$1,234,100

Land value

$726,800

Improvement value

$507,300

Last year's tax

$19,980

Last MOD-IV sale

$1,999,000

MOD-IV deed date

10/27/2025

Owner mailing address

5 PENN TER
CHATHAM, NJ 07928

Estimated market value

$1,966,996

range $1,763,195 – $2,125,163

high confidence

Assessment-implied: $1,474,961; Director's Ratio 0.8367 (2025)
Comp-implied: $1,905,653; 30 comparable sales

Estimated value, last 11 years

2016: $1,261,426 → 2026: $1,966,996

dots are actual sale prices for this property

Based on 30 comparable sales

Bordering

200-ft notice list →

46 Meadowbrook Rd
Lot 10·$1,073,400
7 Penn Ter
Lot 3·$1,035,300
3 Penn Ter
Lot 5·$999,200
44 Meadowbrook Rd
Lot 9·$1,013,000

Block 23All of Block 23 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1404_23_4",
  "county_code": "14",
  "district_code": "04",
  "block": "23",
  "lot": "4",
  "qualifier": "",
  "property_location": "5 PENN TER",
  "property_class": "2",
  "bldg_class": "19",
  "bldg_desc": "2SF G1",
  "land_desc": "58X117",
  "year_built": 1950,
  "living_sqft": 2758,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "72680000",
  "improvement_value_cents": "50730000",
  "net_value_cents": "123410000",
  "last_yr_tx_cents": "1998008",
  "deed_date": "2025-10-27",
  "deed_book": "25006",
  "deed_page": "70",
  "sale_price_cents": "199900000",
  "sales_code": null,
  "owner_mailing_street": "5 PENN TER",
  "owner_mailing_city_state_zip": "CHATHAM, NJ  07928",
  "mun_name": "CHATHAM BORO",
  "calc_acre": "0.156000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.39557330040624,
  "centroid_lat": 40.74067084775548
}

SR1A

[
  {
    "id": "cda9ffb3-a8d6-4ac3-bb4a-7cfdf7b6cf25",
    "property_id": "189701b8-e89c-44a8-baee-1541c5f5cab4",
    "county_code": "14",
    "district_code": "04",
    "block": "23",
    "lot": "4",
    "qualifier": "",
    "deed_book": "25006",
    "deed_page": "70",
    "deed_date": "2025-10-27",
    "date_recorded": "2025-10-31",
    "sale_price_cents": "199900000",
    "sr1a_year": 2026,
    "source": "sr1a"
  },
  {
    "id": "32ff78d1-1c0a-492a-9946-7009b7a2bdc1",
    "property_id": "189701b8-e89c-44a8-baee-1541c5f5cab4",
    "county_code": "14",
    "district_code": "04",
    "block": "23",
    "lot": "4",
    "qualifier": "",
    "deed_book": "25006",
    "deed_page": "70",
    "deed_date": "2025-10-27",
    "date_recorded": "2025-10-27",
    "sale_price_cents": "199900000",
    "sr1a_year": null,
    "source": "taxrecords_nj_owners"
  },
  {
    "id": "b196c6e8-f477-4445-8a8a-7e4db3ca0794",
    "property_id": "189701b8-e89c-44a8-baee-1541c5f5cab4",
    "county_code": "14",
    "district_code": "04",
    "block": "23",
    "lot": "4",
    "qualifier": "",
    "deed_book": "22934",
    "deed_page": "361",
    "deed_date": "2016-05-31",
    "date_recorded": "2016-06-28",
    "sale_price_cents": "85500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "e23f7546-d601-40cc-9e52-91635488ef62",
    "property_id": "189701b8-e89c-44a8-baee-1541c5f5cab4",
    "county_code": "14",
    "district_code": "04",
    "block": "23",
    "lot": "4",
    "qualifier": "",
    "deed_book": "22934",
    "deed_page": "361",
    "deed_date": "2016-05-31",
    "date_recorded": "2016-05-31",
    "sale_price_cents": "85500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "623a5ee1-84f2-4243-bb43-740b3cc3b46e",
    "property_id": "189701b8-e89c-44a8-baee-1541c5f5cab4",
    "county_code": "14",
    "district_code": "04",
    "block": "23",
    "lot": "4",
    "qualifier": "",
    "deed_book": "21551",
    "deed_page": "1066",
    "deed_date": "2010-05-27",
    "date_recorded": "2010-06-01",
    "sale_price_cents": "67500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "a290094e-af00-441b-a86d-d3f79c12b6d7",
    "property_id": "189701b8-e89c-44a8-baee-1541c5f5cab4",
    "county_code": "14",
    "district_code": "04",
    "block": "23",
    "lot": "4",
    "qualifier": "",
    "deed_book": "21551",
    "deed_page": "1066",
    "deed_date": "2010-05-27",
    "date_recorded": "2010-05-27",
    "sale_price_cents": "67500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 5 Penn Ter, Chatham Boro, NJ last sold?: The most recent recorded sale was in 2025 for $1,999,000.
What is the assessed value of 5 Penn Ter, Chatham Boro, NJ?: The total municipal assessment is $1,234,100 (land plus improvements).
What is 5 Penn Ter, Chatham Boro, NJ worth?: Our model estimates a market value of $1,966,996, derived from comparable recorded sales nearby.
How many units does 5 Penn Ter, Chatham Boro, NJ have?: Records show 1 dwelling unit at 5 Penn Ter, Chatham Boro, NJ.
What kind of property is 5 Penn Ter, Chatham Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1950.

Address	Sold	Price
62 Lincoln Ave	2/4/2026	$1,725,523
25 Roosevelt Ave	12/17/2025	$1,595,000
57 Parrott Mill Rd	12/3/2025	$1,420,000
24 N Summit Ave	11/5/2025	$1,955,000
41 Garden Ave	9/16/2025	$1,150,000
109 Chatham St	9/3/2025	$1,925,000
15 Garden Ave	8/4/2025	$1,410,000
46 N Summit Ave	7/30/2025	$1,783,000
29 Kimball St	7/1/2025	$1,400,000
12 Fuller Ave	6/24/2025	$830,000
62 Lincoln Ave	6/18/2025	$899,000
147 Watchung Ave	6/4/2025	$1,700,000
19 Parrott Mill Rd	4/24/2025	$1,575,000
86 Fairmount Ave	2/21/2025	$1,400,000
12 Myrtle Ave	2/11/2025	$875,000
20 Meadowbrook Rd	10/3/2024	$1,455,000
3 Kimball St	8/9/2024	$1,650,000
147 Watchung Ave	8/8/2024	$775,000
103 Chatham St	8/1/2024	$1,700,000
34 Coleman Ave E	7/23/2024	$1,500,000
53 Woodland Rd	6/27/2024	$915,000
31 Broadview Ter	6/20/2024	$1,825,000
87 Watchung Ave	5/6/2024	$1,600,000
66 Coleman Ave	3/8/2024	$1,925,000
24 N Summit Ave	2/9/2024	$725,000
109 Coleman Ave	2/8/2024	$1,050,000
30 Tallmadge Ave	2/1/2024	$1,155,000
19 Parrott Mill Rd	1/31/2024	$790,000
74 Rowan Rd	12/28/2023	$1,533,000
31 Jackson Ave	11/28/2023	$1,410,000

Sales history

10/31/2025$1,999,000
SR1A 2026Bk 25006 / Pg 70
10/27/2025$1,999,000
taxrecords_nj_ownersBk 25006 / Pg 70
6/28/2016$855,000
taxrecords_njBk 22934 / Pg 361
5/31/2016$855,000
MOD-IV (Rutgers)Bk 22934 / Pg 361
6/1/2010$675,000
taxrecords_njBk 21551 / Pg 1066
5/27/2010$675,000
MOD-IV (Rutgers)Bk 21551 / Pg 1066

Date	Price	Book / Page	Source
10/31/2025	$1,999,000	25006 / 70	SR1A 2026
10/27/2025	$1,999,000	25006 / 70	taxrecords_nj_owners
6/28/2016	$855,000	22934 / 361	taxrecords_nj
5/31/2016	$855,000	22934 / 361	MOD-IV (Rutgers)
6/1/2010	$675,000	21551 / 1066	taxrecords_nj
5/27/2010	$675,000	21551 / 1066	MOD-IV (Rutgers)