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Chatham Twp vs Morris Twp, NJ

Property taxes, schools, NJ Transit pass and monthly cost for Chatham Twp and Morris Twp, side by side with sources.

At a glance

Morris Twp has the lower 2025 average residential tax bill: $11,247 a year, $7,126 less than $18,373 in Chatham Twp. Both are above the NJ average of $10,340.

The median single-family sale price is $957,000 in Morris Twp and $1,990,200 in Chatham Twp, $1,033,200 more (GSMLS, 2025 closed sales).

Peak commute is 46 minutes in Chatham Twp and 55 in Morris Twp, 9 minutes shorter in Chatham Twp.

On the district results, Chatham Twp's district is higher on 4-year graduation (96.5% vs 85.8%), ELA (74.8% vs 59.6%) and math (68.5% vs 42.5%).

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 TwpNo NJ Transit rail station in town; residents typically use Chatham station in Chatham Borough
Morris Twp$6,881 / monthMortgage $5,218 · Property tax $1,234 · NJ Transit pass $429 · on a $957,000 median single-family home

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.

Sources: GSMLS (As of 2025) · Freddie Mac PMMS (Updated October 2026) · NJ Division of Taxation (Updated January 2026) · NJ Transit (Updated July 2026)

Home prices

Median sale price, single-family

Chatham Twp$1,990,20096 sales
Morris Twp$957,000155 sales

Median sale price, condo / townhouse

Chatham Twp$465,00043 sales · fewer than 50 sales
Morris Twp$750,00072 sales

Monthly mortgage

Chatham Twp$10,851 / month
Morris Twp$5,218 / 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 Twp$18,373 / year$8,033 above the NJ average
Morris Twp$11,247 / year$907 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.

Sources: NJ Division of Taxation (Updated February 2026)

Schools

Meeting ELA standards

Chatham Twp74.8% Above NJ average
Morris Twp59.6% Above NJ average
NJ state53.0%

Meeting math standards

Chatham Twp68.5% Above NJ average
Morris Twp42.5% Above NJ average
NJ state42.0%

4-year graduation rate

Chatham Twp96.5% Above NJ average
Morris Twp85.8% Below NJ average
NJ state91.8%

Chronic absenteeism

Chatham Twp6.3% Below NJ average
Morris Twp9.3% Below NJ average
NJ state14.4%

Student:teacher ratio

Chatham Twp11:1
Morris Twp12:1
NJ state12:1

DistrictsChatham Twp: School District of the ChathamsMorris Twp: Morris School DistrictDistrict-wide results for all students. The NJ state line is the statewide figure.

Sources: NJDOE (2024-25 school year, published May 2026)

Commute

NJ Transit adult monthly pass to NY Penn

Chatham TwpNo NJ Transit rail station in town; residents typically use Chatham station in Chatham Borough
Morris Twp$429 / month

Peak commute time

Chatham Twp46 min
Morris Twp55 min

Sources: NJ Transit (Updated July 2026) · NJ Transit GTFS (via Mobility Database) (As of Scheduled service Wed 2026-11-18; rail feed service dates 2026-09-15 to 2027-03-13; downloaded 2026-11-01)

Full pages: Chatham Twp · Morris Twp. Find a local expert if you want help weighing these two towns.