When was 40 Rowan Rd, Chatham Boro, NJ last sold?

The most recent recorded sale was in 1994 for $293,000.

What is the assessed value of 40 Rowan Rd, Chatham Boro, NJ?

The total municipal assessment is $1,289,500 (land plus improvements).

What is 40 Rowan Rd, Chatham Boro, NJ worth?

Our model estimates a market value of $1,902,972, derived from comparable recorded sales nearby.

How many units does 40 Rowan Rd, Chatham Boro, NJ have?

Records show 1 dwelling unit at 40 Rowan Rd, Chatham Boro, NJ.

What kind of property is 40 Rowan Rd, Chatham Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2008.

parceldata.nj

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40 Rowan Rd, Chatham Boro, NJ — owner, sales, deeds · parceldata

40 Rowan Rd

Chatham Boro, NJ 07928·Morris County

1404·block 74·lot 2

$1,902,972estimated value

Last sale

$293,000

10/14/1994 · taxrecords_nj

1 other property share this owner's mailing address.View portfolio →

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

2008

Building size

2,642 sq ft

Lot size

0.21 ac

Land description

75X125

Building description

2SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$1,289,500

Land value

$665,400

Improvement value

$624,100

Last year's tax

$20,877

Last MOD-IV sale

$293,000

MOD-IV deed date

10/7/1994

Owner mailing address

40 ROWAN RD
CHATHAM, NJ 07928

Estimated market value

$1,902,972

range $1,674,542 – $2,086,543

moderate confidence

Assessment-implied: $1,541,174; Director's Ratio 0.8367 (2025)
Comp-implied: $2,023,572; 30 comparable sales

Estimated value, last 11 years

2016: $1,220,368 → 2026: $1,902,972

Based on 30 comparable sales

Address	Sold	Price
28 Lum Ave	2/20/2026	$2,460,000
14 Schindler CT	2/5/2026	$865,000

Bordering

200-ft notice list →

36 Rowan Rd
Lot 1·$905,000
44 Clark St
Lot 10·$983,000
42 Rowan Rd
Lot 3·$1,008,200
137 Weston Ave
Lot 4·$1,608,000

Block 74All of Block 74 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1404_74_2",
  "county_code": "14",
  "district_code": "04",
  "block": "74",
  "lot": "2",
  "qualifier": "",
  "property_location": "40 ROWAN RD",
  "property_class": "2",
  "bldg_class": "19",
  "bldg_desc": "2SF",
  "land_desc": "75X125",
  "year_built": 2008,
  "living_sqft": 2642,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "66540000",
  "improvement_value_cents": "62410000",
  "net_value_cents": "128950000",
  "last_yr_tx_cents": "2087701",
  "deed_date": "1994-10-07",
  "deed_book": "4067",
  "deed_page": "179",
  "sale_price_cents": "29300000",
  "sales_code": null,
  "owner_mailing_street": "40 ROWAN RD",
  "owner_mailing_city_state_zip": "CHATHAM, NJ  07928",
  "mun_name": "CHATHAM BORO",
  "calc_acre": "0.215000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.38695852064765,
  "centroid_lat": 40.74822373026761
}

SR1A

[
  {
    "id": "3a6a546e-abe0-4d2b-8d39-79daded85dad",
    "property_id": "e351a811-61da-49c7-a27a-74680c4361a7",
    "county_code": "14",
    "district_code": "04",
    "block": "74",
    "lot": "2",
    "qualifier": "",
    "deed_book": "4067",
    "deed_page": "179",
    "deed_date": "1994-10-07",
    "date_recorded": "1994-10-14",
    "sale_price_cents": "29300000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "c574bf56-afdd-421d-8b6a-8d915ff4cb03",
    "property_id": "e351a811-61da-49c7-a27a-74680c4361a7",
    "county_code": "14",
    "district_code": "04",
    "block": "74",
    "lot": "2",
    "qualifier": "",
    "deed_book": "4067",
    "deed_page": "179",
    "deed_date": "1994-10-07",
    "date_recorded": "1994-10-07",
    "sale_price_cents": "29300000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 40 Rowan Rd, Chatham Boro, NJ last sold?: The most recent recorded sale was in 1994 for $293,000.
What is the assessed value of 40 Rowan Rd, Chatham Boro, NJ?: The total municipal assessment is $1,289,500 (land plus improvements).
What is 40 Rowan Rd, Chatham Boro, NJ worth?: Our model estimates a market value of $1,902,972, derived from comparable recorded sales nearby.
How many units does 40 Rowan Rd, Chatham Boro, NJ have?: Records show 1 dwelling unit at 40 Rowan Rd, Chatham Boro, NJ.
What kind of property is 40 Rowan Rd, Chatham Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2008.

Sales history

10/14/1994$293,000
taxrecords_njBk 4067 / Pg 179
10/7/1994$293,000
MOD-IV (Rutgers)Bk 4067 / Pg 179

Date	Price	Book / Page	Source
10/14/1994	$293,000	4067 / 179	taxrecords_nj
10/7/1994	$293,000	4067 / 179	MOD-IV (Rutgers)