HomeNew JerseyMorris CountyChatham
Chatham, New Jersey: commercial real estate data.
Chatham is a Census borough of 9,407 people across 2.34 square miles of land, in Morris County. Median household income is $241,500, 82.5 percent of occupied homes are owned, and the SBA record carries 21 7(a) approvals to borrowers here worth $4.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Chatham
What Chatham is
- Census place typeborough
- Land area2.34 sq mi
- Water area0.03 sq mi
- Population per square mile of land4,015
- County holding the largest share of its areaMorris County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Chatham
How many people live in Chatham
- Population9,407
- Median age37.8
- Population under 183,079
- Share under 1832.7 percent
- Population 65 and over957
- Share 65 and over10.2 percent
- Households2,972
- Family households2,459
- Share of households that are families82.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Chatham
Income and work in Chatham
- Median household income$241,500
- Per capita income$95,660
- Civilian labor force4,833
- Employed4,581
- Unemployed252 plus or minus 128
- Unemployment rate5.2 percent plus or minus 2.6
- Adults 25 and over5,748
- Adults 25 and over with a high school diploma or higher99.1 percent
- Adults 25 and over with a bachelor degree or higher83.7 percent
- Adults 25 and over with a graduate degree42.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Chatham
Housing in Chatham
- Housing units3,010
- Occupied units2,972
- Vacant units38 plus or minus 46
- Vacancy rate1.3 percent plus or minus 1.5
- Owner occupied2,453
- Renter occupied519 plus or minus 118
- Ownership rate82.5 percent
- Median owner-occupied home value$984,900
- Median gross rent, monthly$2,250
- Annual rent as a share of median income11.2 percent
- Single family units2,546
- Share single family84.6 percent
- Units in buildings of two or more464 plus or minus 123
- Share in buildings of two or more15.4 percent plus or minus 4.0
- Mobile homes0
- Median year structure built1951
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Chatham
How Chatham gets to work
- Workers 16 and over who commute2,871
- Commuting under 15 minutes730 plus or minus 184
- Share commuting under 15 minutes25.4 percent plus or minus 5.9
- Commuting 30 minutes or more1,509
- Share commuting 30 minutes or more52.6 percent
- Drove alone40.7 percent
- Carpooled2.8 percent plus or minus 1.4
- Public transport18.0 percent
- Walked1.3 percent plus or minus 1.0
- Worked from home36.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Chatham
SBA loans in Chatham (7(a))
- Approvals21
- Gross approval$4,315,000
- Average approval$205,476
- Median approval$150,000
- Ninetieth percentile approval$600,000
- Largest approval$700,000
- Jobs supported81
- Jobs per approval3.9
- Loans with a final outcome6
- Paid in full4
- Charged off2
- Median term120 months
- Share on real estate terms of 20 years or more4.8 percent
- Share to franchises4.8 percent
- Distinct lenders11
- Distinct industries by NAICS19
Counted by borrower city: approvals to borrowers whose address is in Chatham, in any county, FY2020 to FY2026. Only 6 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Chatham
SBA loans in Chatham (504)
- Approvals1
- Gross approval$255,000
- Average approval$255,000
- Median approval$255,000
- Largest approval$255,000
- Jobs supported4
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Chatham, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Chatham
Flood risk in Chatham
- NFIP communityBorough of Chatham
- NFIP community number340338
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date07/19/01
The Borough of Chatham participates in the National Flood Insurance Program as community 340338 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Morris County, not Chatham
Morris County context, not Chatham figures
- Establishments in Morris County16,518
- Covered employment, Morris County298,824
- Average annual pay, Morris County$101,208
- Housing units permitted, Morris County2,055
Every figure in this section is published for Morris County as a whole and is not a measurement of Chatham.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Chatham questions, answered from the record.
How many people live in Chatham, New Jersey?
9,407, in 2,972 households. Chatham borough covers 2.34 square miles of land, which is 4,015 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Chatham in?
Morris County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Chatham?
$241,500. The median owner-occupied home is valued at $984,900. Median gross rent is $2,250 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Chatham businesses?
21 7(a) approvals totaling $4.3 m since FY2020, across 11 lenders, median approval $150,000, plus 1 504 approvals worth $255,000 since FY2010. These count approvals to borrowers whose address is in Chatham, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Chatham borrowers get paid back?
No rate is published for Chatham. Only 6 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Chatham in the National Flood Insurance Program?
Yes. Chatham appears in the FEMA Community Status Book as Chatham, borough of, community 340338, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Chatham figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Morris County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Chatham.
Is zoning published for Chatham?
No. Nothing on this page presents parcel level zoning.