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Chatham New Jersey Real Estate By Jennifer Hershey

Chatham New Jersey Real Estate

Chatham, New Jersey, is located in Morris County, 7 miles W of Union, New Jersey and 21 miles W of New York, New York. Chatham has a population of 8,460.

Chatham Homes

Chatham properties pool is 3,159 residential properties including Chatham new homes. Median age of real estate in Chatham is 1946. Average Household size is 3.14 people. 1% are one bedroom homes, 8% are 2 bedroom homes, 51% are 3 bedroom homes, 33% are 4 bedroom homes, and 7% are 5+ bedroom homes.

Chatham Mortgage Statistics

Chatham mortgages vs. USA median statistics

Homes Chatham USA
Homes With No Mortgage 25%
30%
Homes With Mortgage 75%
70%
First Mortgage Only 56%
54%
First & Second Mortgage or HELOC 19%
16%

Chatham Area Real Estate Tax

Chatham Real estate Tax: Median Real Estate Taxes (2000) were $5,761 comparing to 1999 Median Family income $ 119,635. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Chatham School District: Children make up 28.3% of Chatham population. Chatham has 2,392 under 18 years old residents, or 0.59 kids per one worker, or 0.76 kids per one household.

Chatham Real Estate & Chatham Homeownership

There are 663.39 or 21% one person households, 1042.47 or 33% two person households, and 537.03 or 17% three person households in Chatham, New Jersey. Median residents age is 36.9, Senior citizens (65+) make up 1,098 or 13%% of Chatham population.

There are 4,061 workers (over 16 years of age) in Chatham. Of these, 74.64% drive to work. Approximately 18.17% of workers in Chatham take public transportation. An estimated 2.34% walk to work.

Median Chatham homeowner's housing expences are 18.7%

Crime in Chatham (2003), crimes per 10,000 residents per year

Type of Crime Chatham USA, 2003
Violent Crimes
NaN
47.5
Robberies
NaN
14.2
Aggravated Assaults
NaN
29.5
Property Crimes
NaN
358.8
Burglaries
NaN
74.0
Larceny-Thefts
NaN
241.5
Motor Vehicle Thefts
NaN
43.3

Invest in Chatham Properties

When making a decision about buying real estate in Chatham New Jersey area, you should consider following statistical data:

Category Chatham USA
Near Medium City
Union, New Jersey
-
Near Large City
New York, New York
-
Chatham Zip Codes
07928
-
Chatham Area Codes
973
-
White population
95.79%
75.1%
African-American population
0.14%
12.3%
Asian
2.81%
3.6%
American Indian & Alaskan
0.06%
0.9%
Hispanic (of any race)
2.64%
12.5%
Median Family Income (1999)
$ 119,635%
$42,000
Population Below Poverty Level
2.22%
12.4%

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