Chatham Boro vs Chatham Twp, NJ
Property taxes, schools, NJ Transit pass and monthly cost for Chatham Boro and Chatham Twp, side by side with sources.
At a glance
Chatham Boro has the lower 2025 average residential tax bill: $16,960 a year, $1,413 less than $18,373 in Chatham Twp. Both are above the NJ average of $10,340.
The median single-family sale price is $1,380,400 in Chatham Boro and $1,990,200 in Chatham Twp, $609,800 more (GSMLS, 2025 closed sales).
Peak commute is 46 minutes in Chatham Boro and 46 in Chatham Twp.
Figures are from the data file, version 2.3.0. Estimates are labeled. Add a third town in the compare tool.
Monthly cost
Estimated monthly cost Estimate
- Mortgage (principal and interest)
- Property tax
- NJ Transit pass
- Chatham Boro$9,659 / monthMortgage $7,526 · Property tax $1,757 · NJ Transit pass $376 · on a $1,380,400 median single-family home
- Chatham TwpNo NJ Transit rail station in town; residents typically use Chatham station in Chatham Borough
Each town uses its own median single-family sale price (GSMLS, 2025 closed sales) and 2025 effective tax rate. Mortgage is the monthly mortgage in the data: Principal & interest only; excludes taxes and insurance. Calculated at a 7.24% 30-year fixed rate, 20% down, 30-year term. Excludes insurance, utilities, maintenance and HOA fees. Change the numbers in the calculator.
Home prices
Median sale price, single-family
- Chatham Boro$1,380,40092 sales
- Chatham Twp$1,990,20096 sales
Median sale price, condo / townhouse
- Chatham Boro$780,0005 sales · fewer than 50 sales
- Chatham Twp$465,00043 sales · fewer than 50 sales
Monthly mortgage
- Chatham Boro$7,526 / month
- Chatham Twp$10,851 / month
Principal & interest only; excludes taxes and insurance. Based on the single-family median.
Source: GSMLS, 2025 closed sales
Property taxes
Average residential tax bill, 2025
- Chatham Boro$16,960 / year$6,620 above the NJ average
- Chatham Twp$18,373 / year$8,033 above the NJ average
- NJ average$10,340 / yearState total, same series as the town bills
Bills compare better than raw tax rates, because towns assess homes at different shares of market value.
Schools
Meeting ELA standards
- Chatham Boro74.8% Above NJ average
- Chatham Twp74.8% Above NJ average
- NJ state53.0%
Meeting math standards
- Chatham Boro68.5% Above NJ average
- Chatham Twp68.5% Above NJ average
- NJ state42.0%
4-year graduation rate
- Chatham Boro96.5% Above NJ average
- Chatham Twp96.5% Above NJ average
- NJ state91.8%
Chronic absenteeism
- Chatham Boro6.3% Below NJ average
- Chatham Twp6.3% Below NJ average
- NJ state14.4%
Student:teacher ratio
- Chatham Boro11:1
- Chatham Twp11:1
- NJ state12:1
Commute
NJ Transit adult monthly pass to NY Penn
- Chatham Boro$376 / month
- Chatham TwpNo NJ Transit rail station in town; residents typically use Chatham station in Chatham Borough
Peak commute time
- Chatham Boro46 min
- Chatham Twp46 min
Full pages: Chatham Boro · Chatham Twp. Find a local expert if you want help weighing these two towns.