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4 Somerset Ave, Chatham Boro, NJ — owner, sales, deeds · parceldata

4 Somerset Ave

Chatham Boro, NJ·Morris County

1404·block 24·lot 4

$1,673,069estimated value

Last sale

$1,325,000

1/30/2023 · SR1A 2023

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1949

Building size

2,351 sq ft

Lot size

0.26 ac

Land description

103X111

Building description

2SF G1

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$1,137,700

Land value

$767,000

Improvement value

$370,700

Last year's tax

$18,419

Last MOD-IV sale

$1,325,000

MOD-IV deed date

1/23/2023

Owner mailing address

2 SOMERSET AVE
CHATHAM, NJ 07928

Estimated market value

$1,673,069

range $1,429,039 – $1,848,471

high confidence

Assessment-implied: $1,359,747; Director's Ratio 0.8367 (2025)
Comp-implied: $1,687,757; 30 comparable sales

Based on 30 comparable sales

Address	Sold	Price
62 Lincoln Ave	2/4/2026	$1,725,523
5 Woodland Rd	1/27/2026	$1,600,000
17 Coleman Ave W	1/14/2026	$1,380,800
21 Garden Ave	12/12/2025	$1,225,000

Bordering

200-ft notice list →

43 Essex Rd
Lot 3·$964,900
8 Somerset Ave
Lot 5·$1,076,600
6 Penn Ter
Lot 6·$1,013,500

Block 24All of Block 24 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1404_24_4",
  "county_code": "14",
  "district_code": "04",
  "block": "24",
  "lot": "4",
  "qualifier": "",
  "property_location": "4 SOMERSET AVE",
  "property_class": "2",
  "bldg_class": "18",
  "bldg_desc": "2SF G1",
  "land_desc": "103X111",
  "year_built": 1949,
  "living_sqft": 2351,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "76700000",
  "improvement_value_cents": "37070000",
  "net_value_cents": "113770000",
  "last_yr_tx_cents": "1841936",
  "deed_date": "2023-01-23",
  "deed_book": "24560",
  "deed_page": "1578",
  "sale_price_cents": "132500000",
  "sales_code": null,
  "owner_mailing_street": "2 SOMERSET AVE",
  "owner_mailing_city_state_zip": "CHATHAM, NJ  07928",
  "mun_name": "CHATHAM BORO",
  "calc_acre": "0.262000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.39488849573901,
  "centroid_lat": 40.74130158650366
}

SR1A

[
  {
    "id": "e311ef38-f047-426b-b56f-e1205b288ad6",
    "property_id": null,
    "county_code": "14",
    "district_code": "04",
    "block": "24",
    "lot": "4",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2023-01-23",
    "date_recorded": "2023-01-30",
    "sale_price_cents": "132500000",
    "sr1a_year": 2023,
    "source": "sr1a"
  },
  {
    "id": "8122875e-d0be-4e8e-89ce-3c7f009b9f9c",
    "property_id": "9a37e42e-7acb-47c7-8afb-d894fffc9c43",
    "county_code": "14",
    "district_code": "04",
    "block": "24",
    "lot": "4",
    "qualifier": "",
    "deed_book": "24560",
    "deed_page": "1578",
    "deed_date": "2023-01-23",
    "date_recorded": "2023-01-30",
    "sale_price_cents": "132500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "664e8f6f-d7ab-4979-ae56-ab4a55a6e70e",
    "property_id": "9a37e42e-7acb-47c7-8afb-d894fffc9c43",
    "county_code": "14",
    "district_code": "04",
    "block": "24",
    "lot": "4",
    "qualifier": "",
    "deed_book": "24560",
    "deed_page": "1578",
    "deed_date": "2023-01-23",
    "date_recorded": "2023-01-23",
    "sale_price_cents": "132500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "003f4a20-795c-44bf-8cea-1c0f56df9d23",
    "property_id": "9a37e42e-7acb-47c7-8afb-d894fffc9c43",
    "county_code": "14",
    "district_code": "04",
    "block": "24",
    "lot": "4",
    "qualifier": "",
    "deed_book": "5460",
    "deed_page": "90",
    "deed_date": "2001-08-14",
    "date_recorded": "2001-09-17",
    "sale_price_cents": "69950000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "8ec8eb6f-1b11-4206-a7b0-82de84ebb14c",
    "property_id": "9a37e42e-7acb-47c7-8afb-d894fffc9c43",
    "county_code": "14",
    "district_code": "04",
    "block": "24",
    "lot": "4",
    "qualifier": "",
    "deed_book": "5460",
    "deed_page": "90",
    "deed_date": "2001-08-14",
    "date_recorded": "2001-08-14",
    "sale_price_cents": "69950000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "06bc2346-fef1-4f84-815b-30ca89b236bd",
    "property_id": "9a37e42e-7acb-47c7-8afb-d894fffc9c43",
    "county_code": "14",
    "district_code": "04",
    "block": "24",
    "lot": "4",
    "qualifier": "",
    "deed_book": "3514",
    "deed_page": "8",
    "deed_date": "1991-11-06",
    "date_recorded": "1991-11-06",
    "sale_price_cents": "30400000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Sales history

1/30/2023$1,325,000
SR1A 2023
1/30/2023$1,325,000
taxrecords_njBk 24560 / Pg 1578
1/23/2023$1,325,000
MOD-IV (Rutgers)Bk 24560 / Pg 1578
9/17/2001$699,500
taxrecords_njBk 5460 / Pg 90
8/14/2001$699,500
MOD-IV (Rutgers)Bk 5460 / Pg 90
11/6/1991$304,000
MOD-IV (Rutgers)Bk 3514 / Pg 8

Date	Price	Book / Page	Source
1/30/2023	$1,325,000	—	SR1A 2023
1/30/2023	$1,325,000	24560 / 1578	taxrecords_nj
1/23/2023	$1,325,000	24560 / 1578	MOD-IV (Rutgers)
9/17/2001	$699,500	5460 / 90	taxrecords_nj
8/14/2001	$699,500	5460 / 90	MOD-IV (Rutgers)
11/6/1991	$304,000	3514 / 8	MOD-IV (Rutgers)

Property

Tax & Assessment

Estimated market value

Bordering

Sales history

Deeds