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Morris 07928
111 Westminster Rd
Photo of 111 Westminster Rd
Sold on Jul 10, 2026

1

Map

$2,175,000
● House - Off Market

111 Westminster Rd

Chatham Twp., NJ 07928
bedrooms
5 Beds
bathrooms
3 Baths
$8,343
Est. Monthly
Unit Size
-
Days on Market
-
Land Size
0.45 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1968

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (GSMLS #4033643)

Price History

Date / Event Date Event Price
Jul 10, 2026 Sold
Premium
Sold
Jun 20, 2026 In contract -
In contract

Property Highlights

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,550
  • Total Building Area: 3,013
  • Building Area: 3,013
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,013
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000449
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: The Chathams School District
  • Census Tract: 044000

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 48
  • Account Number: 1866
  • District: 05
  • Parcel: 05 00048- 09-00013
  • Block: 48.09
  • Lot: 13
  • Municipality: CHATHAM TWP
  • Latitude: 40.719
  • Longitude: -74.4158

    Address

  • Full Address: 111 Westminster Rd
  • Address - House Number: 111
  • Address - Street Name: Westminster
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Chatham
  • Carrier Code: C003
  • 4-Digit Zip Code: 1363
  • Zip Code: 07928

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,167,835

    Appraisal Valuation

  • Standard Deviation: 0.1686
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 1,568,390
  • High Value: 1,832,887
  • Low Value: 1,303,893

    Market Valuation

  • Market Total Value: $1,361,882
  • Market Land Value: $915,335
  • Market Improvement Value: $446,547

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,108,300
  • Assessed Land Value: $744,900
  • Assessed Improvements Value: $363,400

    Sales

  • Current Sale Contract Date: Jul 10, 2020
  • Current Sale Recording Date: Aug 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020050098
  • Previous Sale Recording Date: Aug 28, 2012
  • Previous Sale Contract Date: Aug 07, 2012
  • Previous Sale Amount: $836,500
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Morris

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$335

Below Asking

0.01%

Average Days on Market

35

Average Home Size

1000 ft²

Average Home Age

-

Currently For Sale

1463 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 49 Park, Madison Borough, NJ, 07940

$6,800 /mo

  • 4 Beds
  • 3 Baths
49 Park, Madison Borough, NJ, 07940 Listing by Curtis J. Wright
Unit for rent at 131 Livingston Avenue, NJ, 07974

$3,950 /mo

  • 3 Beds
  • 1 Bath
  • 810 ft²
131 Livingston Avenue #1F, NJ, 07974 Listing by Jonathan Minerick

Rentals Near You

Click here to view more rentals in the neighborhood.
GSMLS

Last Updated: 4 months ago
Data Source: GSMLS, MLS#
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 111 Westminster Road built and last sold?
The property at 111 Westminster Road was built in 1968 and last sold on Jul 10, 2020 for $1,235,000.
How much is this home worth?
The estimated value of the home located at 111 Westminster Road is $1,715,990.
What are some comparable homes to 111 Westminster Road?
There are currently no comparable homes to 111 Westminster Road.
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