Chatham Boro vs Cherry Hill, NJ
Property taxes, schools, NJ Transit pass and monthly cost for Chatham Boro and Cherry Hill, side by side with sources.
At a glance
- Lower tax billCherry Hill, $9,869 a year
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Cherry Hill has the lower 2025 average residential tax bill: $9,869 a year, $7,091 less than $16,960 in Chatham Boro. Cherry Hill is below the NJ average of $10,340 and Chatham Boro is above it.
- Higher school resultsChatham Boro: 4-year graduation, ELA, math
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On the district results, Chatham Boro's district is higher on 4-year graduation (96.5% vs 95.2%), ELA (74.8% vs 62.7%) and math (68.5% vs 52.8%).
Figures are from the data file, version 2.5.3. Estimates are labeled. Sources and dates are in each section below. Add a third town in the compare tool.
Monthly cost
Estimated monthly cost Estimate
- Mortgage (principal and interest)
- Property tax
- Insurance
- NJ Transit pass
- Chatham Boro$9,788 / monthMortgage $7,526 · Property tax $1,757 · Insurance $129 · NJ Transit pass $376 · on a $1,380,400 median single-family home
More info
Same math as the monthly cost calculator, at its defaults: each town's headline median sale price, single-family unless the town's label says otherwise (GSMLS, 2025 closed sales), 20% down, a 30-year fixed loan at 7.24% (Freddie Mac weekly national average, week of Oct 29, 2026), the town's 2025 effective tax rate, homeowners insurance (condo insurance for condo towns), and the town's NJ Transit pass where it has one. Excludes flood insurance, PMI, HOA, utilities and maintenance. Change the numbers in the calculator.
Home prices
Median sale price, single-family
- Chatham Boro$1,380,40092 sales
Median sale price, condo / townhouse
- Chatham Boro$780,0005 sales
Monthly mortgage
- Chatham Boro$7,526 / month
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Principal & interest only; excludes taxes and insurance. Based on the single-family median unless a town's row says otherwise.
Source: GSMLS
Property taxes
Average residential tax bill, 2025
- Chatham Boro$16,960 / year$6,620 above the NJ average
- Cherry Hill$9,869 / year$471 below the NJ average
- NJ average$10,340 / yearState total, same series as the town bills
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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
- Cherry Hill62.7% Above NJ average
- NJ state53.0%
Meeting math standards
- Chatham Boro68.5% Above NJ average
- Cherry Hill52.8% Above NJ average
- NJ state42.0%
4-year graduation rate
- Chatham Boro96.5% Above NJ average
- Cherry Hill95.2% Above NJ average
- NJ state91.8%
Chronic absenteeism
- Chatham Boro6.3% Below NJ average
- Cherry Hill14.0% Below NJ average
- NJ state14.4%
Student:teacher ratio
- Chatham Boro11:1
- Cherry Hill12:1
- NJ state12:1
Commute
NJ Transit adult monthly pass to NY Penn
- Chatham Boro$376 / month
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Not shown for Cherry Hill: No NJ Transit rail to New York Penn Station from Cherry Hill
Peak commute time
- Chatham Boro46 min
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Typical from Chatham: 53 min, median trip time of the scheduled trips arriving 7:00-9:00 AM on Wed 2026-11-18 (one itinerary per departure; dominated options excluded). Based on 6 trips.
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Not shown for Cherry Hill: No NJ Transit rail service to New York Penn Station
Full pages: Chatham Boro · Cherry Hill. Find a local expert if you want help weighing these two towns.