All Countries
Chatham, NJ
Full City Profile · New Jersey · Union County County
4.2
/5.0
A
Great
9,219
Population
3,940/sq mi density
$250,001
Median Income
$99,600 per capita
$944,300
Home Value
$1,284,304 Zillow
$2,251
Median Rent
22.5% income on rent
53°F
Avg Temperature
271 sunny days/yr
A
Overall
4.2 / 5.0
Strong
A+
Economy
4.7 / 5.0
$250,001 median income, 4.2% unemployment
A+
Affordability
4.6 / 5.0
$944,300 home value, $2,251/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
84.7% bachelor's degree or higher
Housing Overview
Median Home Value
$944,300
235% above
US avg: $281,900
Median Rent
$2,251/mo
94% above
US avg: $1,163/mo
Homeownership Rate
81.5%
25% above US avg (65.4%)
Total Housing Units
3,058
Median year built: 1948
Home Value by Source
Census Median
$944,300
Zillow (ZHVI)
$1,284,304
Median Sale Price
$2,460,000
Median List Price
$1,075,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
81.5%
Owner-Occupied
18.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$2,251/mo
· Zillow rent:
$2,879/mo
Market Indicators (Redfin)
Median Days on Market
256 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$1,245
Active Inventory
3
homes for sale
Affordability & Housing Stock
Rent Burden
22.5%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
1948
Average age of housing stock: 78 years
Homeownership Rate
81.5%
Complete Housing Data
Home Values
| Census Median Value | $944,300 |
| Zillow Home Value (ZHVI) | $1,284,304 |
| Median Sale Price | $2,460,000 |
| Median List Price | $1,075,000 |
| Price Per Sq Ft | $1,245 |
Rent
| Census Median Rent | $2,251 |
| Zillow Rent (ZORI) | $2,879 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
| Days on Market | 256 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 3 |
| Price Per Sq Ft | $1,245 |
Ownership & Stock
| Owner-Occupied | 81.5% |
| Renter-Occupied | 18.5% |
| Homeownership Rate | 81.5% |
| Total Housing Units | 3,058 |
| Median Year Built | 1948 |
| Rent Burden | 22.5% |