When was 87 Elmwood Ave, Chatham Boro, NJ last sold?

The most recent recorded sale was in 2020 for $1,225,000.

What is the assessed value of 87 Elmwood Ave, Chatham Boro, NJ?

The total municipal assessment is $1,006,700 (land plus improvements).

What is 87 Elmwood Ave, Chatham Boro, NJ worth?

Our model estimates a market value of $1,472,630, derived from comparable recorded sales nearby.

How many units does 87 Elmwood Ave, Chatham Boro, NJ have?

Records show 1 dwelling unit at 87 Elmwood Ave, Chatham Boro, NJ.

What kind of property is 87 Elmwood Ave, Chatham Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1945.

parceldata.nj

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87 Elmwood Ave, Chatham Boro, NJ — owner, sales, deeds · parceldata

87 Elmwood Ave

Chatham Boro, NJ 07928·Morris County

1404·block 62·lot 7

$1,472,630estimated value

Last sale

$1,225,000

1/15/2021 · SR1A 2021

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1945

Building size

2,378 sq ft

Lot size

0.29 ac

Land description

105X120

Building description

2SF G1

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$1,006,700

Land value

$550,800

Improvement value

$455,900

Last year's tax

$16,298

Last MOD-IV sale

$1,225,000

MOD-IV deed date

12/7/2020

Owner mailing address

87 ELMWOOD AVE
CHATHAM, NJ 07928

Estimated market value

$1,472,630

range $1,297,383 – $1,700,279

moderate confidence

Assessment-implied: $1,203,179; Director's Ratio 0.8367 (2025)
Comp-implied: $1,452,696; 30 comparable sales

Estimated value, last 11 years

2016: $944,391 → 2026: $1,472,630

dots are actual sale prices for this property

Based on 30 comparable sales

Address	Sold	Price

Bordering

200-ft notice list →

6 Elm Pl
Lot 2·$1,087,300
10 Elm Pl
Lot 3·$1,679,800
12 Elm Pl
Lot 4·$1,625,700
89 Elmwood Ave
Lot 6·$971,100
83 Elmwood Ave
Lot 8·$968,500

Block 62All of Block 62 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1404_62_7",
  "county_code": "14",
  "district_code": "04",
  "block": "62",
  "lot": "7",
  "qualifier": "",
  "property_location": "87 ELMWOOD AVE",
  "property_class": "2",
  "bldg_class": "18",
  "bldg_desc": "2SF G1",
  "land_desc": "105X120",
  "year_built": 1945,
  "living_sqft": 2378,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "55080000",
  "improvement_value_cents": "45590000",
  "net_value_cents": "100670000",
  "last_yr_tx_cents": "1629847",
  "deed_date": "2020-12-07",
  "deed_book": "23995",
  "deed_page": "601",
  "sale_price_cents": "122500000",
  "sales_code": null,
  "owner_mailing_street": "87 ELMWOOD AVE",
  "owner_mailing_city_state_zip": "CHATHAM, NJ  07928",
  "mun_name": "CHATHAM BORO",
  "calc_acre": "0.289000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.38169210096838,
  "centroid_lat": 40.74676132040701
}

SR1A

[
  {
    "id": "666c39e2-a0f4-4093-9888-32cddbc9eff8",
    "property_id": null,
    "county_code": "14",
    "district_code": "04",
    "block": "62",
    "lot": "7",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2020-12-07",
    "date_recorded": "2021-01-15",
    "sale_price_cents": "122500000",
    "sr1a_year": 2021,
    "source": "sr1a"
  },
  {
    "id": "67eee75b-a6dd-4de5-9896-6e46aa05c32c",
    "property_id": "df16b5d1-94fe-423d-8c95-a4d4c677af07",
    "county_code": "14",
    "district_code": "04",
    "block": "62",
    "lot": "7",
    "qualifier": "",
    "deed_book": "23995",
    "deed_page": "601",
    "deed_date": "2020-12-07",
    "date_recorded": "2021-01-15",
    "sale_price_cents": "122500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "7e554722-3d55-4092-8998-9443e1fcef53",
    "property_id": "df16b5d1-94fe-423d-8c95-a4d4c677af07",
    "county_code": "14",
    "district_code": "04",
    "block": "62",
    "lot": "7",
    "qualifier": "",
    "deed_book": "23995",
    "deed_page": "601",
    "deed_date": "2020-12-07",
    "date_recorded": "2020-12-07",
    "sale_price_cents": "122500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "68bc0d8d-d813-42ae-abcf-b65dd92d5446",
    "property_id": "df16b5d1-94fe-423d-8c95-a4d4c677af07",
    "county_code": "14",
    "district_code": "04",
    "block": "62",
    "lot": "7",
    "qualifier": "",
    "deed_book": "4029",
    "deed_page": "53",
    "deed_date": "1994-06-29",
    "date_recorded": "1994-08-09",
    "sale_price_cents": "23000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "2f7f2ae7-8ddf-4ef8-9ef6-0ebf6aff9ec5",
    "property_id": "df16b5d1-94fe-423d-8c95-a4d4c677af07",
    "county_code": "14",
    "district_code": "04",
    "block": "62",
    "lot": "7",
    "qualifier": "",
    "deed_book": "4029",
    "deed_page": "53",
    "deed_date": "1994-06-29",
    "date_recorded": "1994-06-29",
    "sale_price_cents": "23000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 87 Elmwood Ave, Chatham Boro, NJ last sold?: The most recent recorded sale was in 2020 for $1,225,000.
What is the assessed value of 87 Elmwood Ave, Chatham Boro, NJ?: The total municipal assessment is $1,006,700 (land plus improvements).
What is 87 Elmwood Ave, Chatham Boro, NJ worth?: Our model estimates a market value of $1,472,630, derived from comparable recorded sales nearby.
How many units does 87 Elmwood Ave, Chatham Boro, NJ have?: Records show 1 dwelling unit at 87 Elmwood Ave, Chatham Boro, NJ.
What kind of property is 87 Elmwood Ave, Chatham Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1945.

Sales history

1/15/2021$1,225,000
SR1A 2021
1/15/2021$1,225,000
taxrecords_njBk 23995 / Pg 601
12/7/2020$1,225,000
MOD-IV (Rutgers)Bk 23995 / Pg 601
8/9/1994$230,000
taxrecords_njBk 4029 / Pg 53
6/29/1994$230,000
MOD-IV (Rutgers)Bk 4029 / Pg 53

Date	Price	Book / Page	Source
1/15/2021	$1,225,000	—	SR1A 2021
1/15/2021	$1,225,000	23995 / 601	taxrecords_nj
12/7/2020	$1,225,000	23995 / 601	MOD-IV (Rutgers)
8/9/1994	$230,000	4029 / 53	taxrecords_nj
6/29/1994	$230,000	4029 / 53	MOD-IV (Rutgers)

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