When was 54 N Summit Ave, Chatham Boro, NJ last sold?

The most recent recorded sale was in 2009 for $605,000.

What is the assessed value of 54 N Summit Ave, Chatham Boro, NJ?

The total municipal assessment is $892,500 (land plus improvements).

What is 54 N Summit Ave, Chatham Boro, NJ worth?

Our model estimates a market value of $1,208,955, derived from comparable recorded sales nearby.

How many units does 54 N Summit Ave, Chatham Boro, NJ have?

Records show 1 dwelling unit at 54 N Summit Ave, Chatham Boro, NJ.

What kind of property is 54 N Summit Ave, Chatham Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1946.

parceldata.nj

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54 N Summit Ave, Chatham Boro, NJ — owner, sales, deeds · parceldata

54 N Summit Ave

Chatham Boro, NJ 07928·Morris County

1404·block 54·lot 9

$1,208,955estimated value

Last sale

$605,000

6/16/2009 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1946

Building size

1,788 sq ft

Lot size

0.14 ac

Land description

50X123

Building description

2SF G1

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$892,500

Land value

$542,300

Improvement value

$350,200

Last year's tax

$14,450

Last MOD-IV sale

$605,000

MOD-IV deed date

6/10/2009

Owner mailing address

54 N SUMMIT AVE
CHATHAM, NJ 07928

Estimated market value

$1,208,955

range $1,018,370 – $1,342,004

high confidence

Assessment-implied: $1,066,691; Director's Ratio 0.8367 (2025)
Comp-implied: $1,256,376; 30 comparable sales

Estimated value, last 11 years

2016: $775,297 → 2026: $1,208,955

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

Bordering

200-ft notice list →

52 N Summit Ave
Lot 10·$942,300
49 Hedges Ave
Lot 53·$784,800
51 Hedges Ave
Lot 54·$1,257,800
56 N Summit Ave
Lot 8·$943,800

Block 54All of Block 54 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1404_54_9",
  "county_code": "14",
  "district_code": "04",
  "block": "54",
  "lot": "9",
  "qualifier": "",
  "property_location": "54 N SUMMIT AVE",
  "property_class": "2",
  "bldg_class": "18",
  "bldg_desc": "2SF G1",
  "land_desc": "50X123",
  "year_built": 1946,
  "living_sqft": 1788,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "54230000",
  "improvement_value_cents": "35020000",
  "net_value_cents": "89250000",
  "last_yr_tx_cents": "1444958",
  "deed_date": "2009-06-10",
  "deed_book": "21320",
  "deed_page": "897",
  "sale_price_cents": "60500000",
  "sales_code": null,
  "owner_mailing_street": "54 N SUMMIT AVE",
  "owner_mailing_city_state_zip": "CHATHAM, NJ  07928",
  "mun_name": "CHATHAM BORO",
  "calc_acre": "0.141000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.37685687488974,
  "centroid_lat": 40.74304571844796
}

SR1A

[
  {
    "id": "69c7bdf6-a6f4-401b-904e-7d6d36fea76c",
    "property_id": "ce47468e-71ef-44d6-a473-2e0264c4b9c4",
    "county_code": "14",
    "district_code": "04",
    "block": "54",
    "lot": "9",
    "qualifier": "",
    "deed_book": "21320",
    "deed_page": "897",
    "deed_date": "2009-06-10",
    "date_recorded": "2009-06-16",
    "sale_price_cents": "60500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "31fceb1f-0398-4018-b8fb-e618372396e8",
    "property_id": "ce47468e-71ef-44d6-a473-2e0264c4b9c4",
    "county_code": "14",
    "district_code": "04",
    "block": "54",
    "lot": "9",
    "qualifier": "",
    "deed_book": "21320",
    "deed_page": "897",
    "deed_date": "2009-06-10",
    "date_recorded": "2009-06-10",
    "sale_price_cents": "60500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 54 N Summit Ave, Chatham Boro, NJ last sold?: The most recent recorded sale was in 2009 for $605,000.
What is the assessed value of 54 N Summit Ave, Chatham Boro, NJ?: The total municipal assessment is $892,500 (land plus improvements).
What is 54 N Summit Ave, Chatham Boro, NJ worth?: Our model estimates a market value of $1,208,955, derived from comparable recorded sales nearby.
How many units does 54 N Summit Ave, Chatham Boro, NJ have?: Records show 1 dwelling unit at 54 N Summit Ave, Chatham Boro, NJ.
What kind of property is 54 N Summit Ave, Chatham Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1946.

Sales history

6/16/2009$605,000
taxrecords_njBk 21320 / Pg 897
6/10/2009$605,000
MOD-IV (Rutgers)Bk 21320 / Pg 897

Date	Price	Book / Page	Source
6/16/2009	$605,000	21320 / 897	taxrecords_nj
6/10/2009	$605,000	21320 / 897	MOD-IV (Rutgers)