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Property Description
Exceptional investment and professional opportunity in the heart of downtown Chatham. Ideally located next to the train station and just moments from shops, dining, and everyday conveniences, this circa-1870 historical property blends timeless architectural character with outstanding versatility for a wide range of professional uses. Set on a generously sized property with 22 parking spaces, the building is thoughtfully configured to accommodate owner-users, investors, or multi-tenant professional occupancy. The first floor features a spacious open reception and waiting area, conference room, and two offices, creating an ideal setting for medical, legal, wellness, financial, or boutique professional use. Two additional private offices provide flexibility for expansion or valuable rental income potential. Adding to the property's appeal are two residential apartments with a private front entrance, offering additional income streams. The second-floor apartment includes a living room, kitchen, full bath, large bedroom with two closets, and expansive outdoor deck space. The third-floor apartment features a family room, kitchen, bedroom with two closets, dedicated office, and full bath with shower. The lower level offers tenant laundry, storage rooms, and additional utility/storage space. Rich in historic charm and architectural details, this unique mixed-use property presents endless possibilities in one of Chatham's most desirable and commuter-friendly downtown locations.
Full Property Details
Full Property Details for 331 Main St
General
- Price: $1,499,000
- Taxes: $20,218 (2025)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 4031242
- Updated: 6/1/2026
- Added to Site: 1 day(s) ago
Business
- Includes: Building & Land
Rooms
Bathrooms
- Total Bathrooms: 3
- Restrooms: 3
Additional Information
- Equipment: Restrooms - Public, Sign - Freestanding, Smoke Detector, Storage Area(s)
Exterior
- Color: Gray
Parking
- Garage Spaces: 22
- Total Spaces: 22
- Parking: Blacktop, Parking Lot-Exclusive
Location
- County: Morris
- Driving Directions: 331 Main Street
- Location Details: Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning, Multi-Zone Cooling, Window A/C(s)
- Heating Type: Forced Hot Air, Multi-Zone
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas, Cable TV Available, Garbage Extra Charge, Internet Available
Structural Information
- Construction: Wood
- Exterior Const.: Vinyl Siding, Wood
- Basement: Yes
- Basement Desc.: Bilco-Style Door, Full, Storage, Walk-Out
- Roof: Asphalt Shingles
- Ceiling Height: 10
- Door Dimensions: 7
- Stories in Building: 3
- Square Feet: 3,326
- Aprox. Leasable: 3,326 Sq. Ft.
- Office: 1,811 Sq. Ft.
- Year Built: 1870
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.48
- Lot Size: 89X233
- Permitted Use: Office/Apartments/Retail
- Zoning: B-2
Financial Considerations
- Assessment Amount: $1,188,600
- Land Assmt: $726,000
- Tax Amount: $20,218
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Survey Available
- Disclosures: Yes
- APN: 2304-00085-0000-00006-0000-
- Block: 85
- Lot Number: 6
Listed by Weichert Realtors
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Price & Sales History for 331 Main St
Date
Details
Price
Change
Source
6/01/2026
Listed
$1,499,000
54.54%
MLS
6/30/2008
Sold
$970,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 331 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$19,243
4%
$1,188,600
—
2023
$18,471
-2%
$1,188,600
—
2022
$18,800
2%
$1,188,600
38%
2021
$18,404
4%
$861,200
—
2018
$17,612
3%
$861,200
—
2017
$17,103
3%
$861,200
—
2016
$16,656
-8%
$861,200
—
2019
$18,120
14%
$861,200
4%
2015
$15,877
1%
$830,800
—
2013
$15,654
—
$830,800
-1%
2013
$15,654
—
$838,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 331 Main St
331 Main St, Chatham, NJ 07928 (MLS# 4031242) is a Retail property. 331 Main St is currently listed for $1,499,000 and was received on June 01, 2026. Want to learn more about 331 Main St? Do you have questions about finding other Retail real estate for sale in Chatham? You can browse all Chatham real estate or contact a Coldwell Banker agent to request more information.

