Market Summary

Chatham, Morris County, NJ

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Median Home Price Price

$1,212,089 $1.2M

Median Monthly Rent Rent

$3,240 $3.2K

GRM

31.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Morris County

Region Price Rent GRM Display
Mountain Lakes
$1,127,510 $4,477 21.0x
Madison
$957,569 $2,833 28.0x
Morristown
$840,383 $2,927 24.0x
Florham Park
$950,091 $3,993 20.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NJ outside of Morris County

Region Price Rent GRM Display
Ridgewood, Bergen County, NJ
$1,104,999 $3,210 29.0x
Closter, Bergen County, NJ
$1,087,016 $3,495 26.0x
Rumson, Monmouth County, NJ
$2,003,530 $3,322 50.0x
Montclair, Essex County, NJ
$1,055,770 $2,760 32.0x
Norwood, Bergen County, NJ
$843,901 $2,596 27.0x
Colts Neck Township, Monmouth County, NJ
$1,216,293 $2,454 41.0x
Oradell, Bergen County, NJ
$902,803 $2,952 25.0x
Franklin Lakes, Bergen County, NJ
$1,430,277 $4,073 29.0x
Little Silver, Monmouth County, NJ
$1,029,590 $4,452 19.0x
Fanwood, Union County, NJ
$747,336 $3,172 20.0x
Glen Rock, Bergen County, NJ
$968,032 $2,481 32.0x
South Orange, Essex County, NJ
$1,015,134 $2,938 28.0x
Hillsdale, Bergen County, NJ
$778,218 $2,249 29.0x
Millburn, Essex County, NJ
$1,150,931 $2,589 37.0x
Verona, Essex County, NJ
$703,964 $2,767 21.0x
Glen Ridge, Essex County, NJ
$1,068,375 $3,447 26.0x
Iselin, Middlesex County, NJ
$538,677 $2,771 16.0x
Westfield, Union County, NJ
$1,164,767 $2,995 32.0x
Wyckoff, Bergen County, NJ
$1,034,080 $3,250 27.0x
Woodcliff Lake, Bergen County, NJ
$1,148,667 $2,417 40.0x
Roosevelt, Monmouth County, NJ
$481,006 $3,142 13.0x
Palisades Park, Bergen County, NJ
$917,039 $2,506 30.0x
Haworth, Bergen County, NJ
$1,084,155 $4,513 20.0x
Holmdel Township, Monmouth County, NJ
$1,013,443 $2,406 35.0x
Tenafly, Bergen County, NJ
$1,168,526 $4,462 22.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NJ

Region Price Rent GRM Display
Wellesley, Norfolk County, MA
$1,879,712 $3,392 46.0x
Rye Brook, Westchester County, NY
$1,134,886 $2,948 32.0x
Lincolnshire, Lake County, IL
$674,260 $3,467 16.0x
Deer Park, Lake County, IL
$699,166 $1,833 32.0x
Westport, Fairfield County, CT
$1,789,479 $3,148 48.0x
Woodmere, Nassau County, NY
$1,268,170 $3,507 30.0x
Lake Forest, Lake County, IL
$1,097,419 $2,317 39.0x
Roslyn Heights, Nassau County, NY
$1,336,420 $3,186 35.0x
Sherborn, Middlesex County, MA
$1,158,269 $2,895 33.0x
Old Bethpage, Nassau County, NY
$951,223 $2,966 27.0x
Piermont, Rockland County, NY
$773,828 $2,353 27.0x
Elgin, Antelope County, NE
$227,099 $759 25.0x
Glen Head, Nassau County, NY
$1,258,740 $2,963 35.0x
Garden City, Nassau County, NY
$1,248,203 $4,417 23.0x
Jeffersonton, Culpeper County, VA
$615,755 $3,545 14.0x
Orange, Cuyahoga County, OH
$521,272 $1,346 32.0x
Roslyn, Nassau County, NY
$1,545,741 $2,969 43.0x
Hawthorn Woods, Lake County, IL
$690,056 $1,857 31.0x
Long Grove, Lake County, IL
$874,282 $1,879 39.0x

Home prices

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Monthly rent

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GRM

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Chatham

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Trend Insights

Median Rent in Chatham, NJ is $3,240, with MoM change +$40 and YoY change +$331 pointing to positive momentum while volatility is low (std $86).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Chatham, NJ.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Chatham, NJ
Compare market Select a market
Delta vs base
Median rent
$3,240
N/A
—
Median price
$1,212,089
N/A
—
YoY change
+$331
N/A
—
Price-to-rent
31.2x
Data unavailable
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