Chatham Boro vs Newark, NJ

At a glance

• Lower tax billNewark, $7,641 a year
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  Newark has the lower 2025 average residential tax bill: $7,641 a year, $9,319 less than $16,960 in Chatham Boro. Newark is below the NJ average of $10,340 and Chatham Boro is above it.

• Median sale priceNewark $440,000 vs Chatham Boro $1,380,400
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  The median single-family sale price is $440,000 in Newark and $1,380,400 in Chatham Boro, $940,400 more (GSMLS, 2025 closed sales).

• Monthly cost estimateNewark $3,260 vs Chatham Boro $9,659
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  On the site's monthly cost estimate (mortgage, property tax and NJ Transit pass, each on the town's median single-family sale price), Newark comes to $3,260 a month and Chatham Boro to $9,659, a gap of $6,399.

• Peak commuteChatham Boro 46 min vs Newark 18 min
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  Peak commute is 46 minutes in Chatham Boro and 18 minutes in Newark, 28 minutes shorter in Newark.

• NJ Transit passNewark $184 vs Chatham Boro $376
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  The NJ Transit monthly pass to NY Penn is $184 in Newark and $376 in Chatham Boro, $192 more.

• 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 90.0%), ELA (74.8% vs 34.3%) and math (68.5% vs 22.0%).

Figures are from the data file, version 2.4.2. Estimates are labeled. Sources and dates are in each section below. Add a third town in the compare tool.