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$8,500,000
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Property Description
Chatham Borough 7 Lots All Contiguous For 2 Acres, Total "Designated Redevelopment Area". Chathams 202 Affordable House Program. Included in Chathams 3Rd Round Affordable Housing Plan. Minimum Of 67 Units. Has Zoning Overlay. Third Round 25-2030 Of 181 Units. Buyer To Verify With Town.
Full Property Details
Full Property Details for 55 River Rd
General
- Price: $8,500,000
- Taxes: $44,897 (2024)
- Status: Active
- Type: Lots/Land
- Source: Garden_State
- MLS ID: 3989586
- Updated: 9/29/2025
- Added to Site: 113 day(s) ago
Location
- County: Morris
- Subdivision: Downtown
- Driving Directions: Watchung Avenue turn right onto River Road
- Total Lots Available: 7
School Information
- Elementary School: Washington
- Middle School: Chatham
- High School: Chatham
Utilities
- Sewer: Public Sewer on Property
- Water: Public Water on Property
- Utility Description: See Remarks, Cable TV Available, Garbage Extra Charge
Structural Information
- Existing Structures: Commercial/Industrial, Garage
Lot Features
- Lot Size (Acres): 1.94
- Lot Size: .269
- Frontage: Town Street
- Street/Road Desc.: Blacktop/Asphalt Road, See Remarks
- Topography: At Road Level
- Development Status: Rough Grading, See Remarks
- Land Improvements: Utilities on Property
- Present Use: Commercial, See Remarks
- Trees/Vegetation: No Trees
- Zoning: M-3, Light Industrial, Residential 2 Family
- Lot Description: Level Lot, Open Lot, Cleared Land - All
Financial Considerations
- Assessment Amount: $2,443,900
- Tax Amount: $44,897
- Tax Year: 2024
Disclosures and Reports
- Documents Avail.: See Remarks, Survey Available
- Restrictions: See Remarks, Unknown
- Perc Type: Unnecessary (Sewer)
- Surveyed: Yes
- Block: 139/140
- Lot Number: 456723&6
Buyer's Brokerage Compensation: 2%
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 55 River Rd
School District:The Chathams School District
| Name | Grades | Distance |
|---|---|---|
Chatham High School, Chatham, NJ 255 Lafayette Avenue, Chatham, NJ 07928 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 55 River Rd
Date
Details
Price
Change
Source
9/29/2025
Listed
$8,500,000
—
MLS
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 55 River Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,236
5%
$323,400
—
2022
$5,001
2%
$323,400
41%
2021
$4,896
2%
$229,100
—
2019
$4,820
3%
$229,100
—
2018
$4,685
-12%
$229,100
-15%
2017
$5,352
3%
$269,500
—
2016
$5,212
1%
$269,500
—
2015
$5,150
2%
$269,500
—
2013
$5,034
—
$269,500
—
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 55 River Rd
55 River Road, Chatham, NJ 07928 (MLS# 3989586) is a Lots/Land property with a lot size of 1.94 acres. 55 River Road is currently listed for $8,500,000 and was received on September 29, 2025. This property is listed by Freeman "Jeff" Smith from our Clinton Office.Want to learn more about 55 River Road? Do you have questions about finding other Lots/Land real estate for sale in Chatham? You can browse all Chatham real estate or contact a Coldwell Banker agent to request more information.


