$1,075,000

81 Summit Ave Chatham, NJ 07928

Estimated payment $7,219/month

Total Views 11,335
5 Beds
3.5 Baths
3,372 Sq Ft
$319 Price per Sq Ft

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Level Lot
  • Chatham High School Rated A+
  • Private Driveway

About This Home

Side by side duplex with outstanding investment potential. Separate everything - Driveways, utilities etc... R-3 Zone. In Town location with easy access to everything. Empty room Interior photos are for Unit 1 before the tenant moved in.

Listing Agent

Jerome Graham

J GRAHAM REALTY LLC Brokerage Phone: 973-540-1232 Listed on: 02/13/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,694

Year Built

  • Built in 1900

Lot Details

  • 17,424 Sq Ft Lot
  • Vinyl Fence
  • Level Lot
  • Irregular Lot

Home Design

  • Asphalt Shingled Roof
  • Aluminum Siding
  • Clapboard

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • Private Driveway

Schools

  • Washington Elementary School
  • Chatham Middle School
  • Chatham High School

Utilities

  • Window Unit Cooling System
  • Multiple Heating Units
  • Baseboard Heating
  • Hot Water Baseboard Heater
  • Standard Electricity
  • Gas Water Heater

Community Details

  • 3,372 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 2304-00125-0000-00029-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,694

Year Built

Built in 1900

Lot Details

0.4 Acres

Listing Details

  • Unit Style: Duplex-Side by Side
  • Year Built: 1900
  • Year Built Description: Approximate
  • County Name: Morris
  • Directions: Main Street to Summit Ave.
  • I D: 5409192
  • Attribution Contact: 973-540-1232
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Smoke Detector, Wood Floors
  • Bedrooms: 5
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Partial, Unfinished

Exterior Features

  • Exterior Description: Aluminum Siding, Clapboard
  • Exterior Features: Sidewalk, FencVnyl
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 6
  • Parking Driveway Description: 2 Car Width, Blacktop, Driveway-Exclusive

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Baseboard - Cast Iron, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: Chatham
  • Middle Jr High School: Chatham

Lot Info

  • Lot Size: 100X175
  • Easement: Unknown
  • Lot Description: Irregular Lot, Level Lot
  • Lot I D Tax: *
  • Total Acres: 0.40
  • Zoning: R-3

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 17694
  • Assessor Parcel Number: 2304-00125-0000-00029-0000-
  • Tax Rate Amount: 1.619
  • Tax Rate Tax: *
  • Tax Year: 2025

MLS Schools

  • Grade School: Washington

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,841 $1,040,200 $451,500 $588,700
2024 $16,165 $1,040,200 $451,500 $588,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2026 02/13/26 For Sale $1,075,000 -- $319 / Sq Ft
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $600,000 Westcor Land Title Ins Co
Deed $600,000 --
Deed $434,000 --
Deed $290,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $230,000 New Conventional
Previous Owner $384,900 No Value Available
Previous Owner $260,000 No Value Available
Source: Public Records

Source: Garden State MLS

MLS Number: 4009641

Garden State MLS

APN: 04-00125-0000-00029

New Jersey Morris County Chatham 07928

81 Summit Ave, Chatham, NJ

For Sale

MultiFamily

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Listing Agent
Jerome Graham
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J GRAHAM REALTY LLC
(862) 356-6349
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