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18 University Ave, Chatham, NJ, 07928

5beds
4baths
--sqft
$1,449,900
--price/sqft
$9,727/moest. monthly cost
$389,080/yrincome needed

About This Home

CUSTOMIZED TO PERFECTION CHATHAM HOME IN PEACEFUL NEIGHBORHOOD BLOCKS TO TOWN, TRAIN & SCHOOLS. Welcome to your dream suburban lifestyle! Tucked on quiet street where neighbors host block parties, this turnkey home checks every box. Charming neighborhood path to top-ranked Elementary School. Blocks to everything"coffee shops/restaurants, midtown direct train, Memorial Park's playground, ball fields, pool & library. Updated from studs w/ luxury finishes & all-new systems-just bring your furniture! Effortlessly flexible floorplan adapts to any lifestyle need. 1st Floor Bedroom w/ En-Suite Full Bath is ideal Home Office/Guest Room. Massive 3rd Floor Bonus Room/Bedroom boasts 5 full-size Windows, incredible privacy. Finished Lower Level w/ lovely Full Bath, Mudroom off 1-Car Garage could be media room, rec room, extra space for guests. Spend winter evenings curled by Living Room's gas fireplace watching snow fall through wall of Windows/sliding glass doors. In warm weather, fling those doors open to relax on huge composite wood Deck that overlooks lush, level, fully fenced Back Yard sized for play. Eat-In Chef's Kitchen wows w/ stunning backsplash tile, Thermador s/s appliances, custom Walk-In Pantry & Center Island w/ seating. Bedrooms are large & bright w/ great double-door Closets. Primary features custom Walk-In Closet & stunning En-Suite Full Bath. Tucked away but close to everything, 18 University is ready for you to move right in!

Getting Around

71
WalkingVery Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

10/10
7/10
Chatham Middle SchoolGrades 6-80.9 mi
7/10
Chatham High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 2023

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range/Oven-Gas,Refrigerator,Washer,Water Filter,Water Softener Owned

Basement

  • Features: Bath(s) Other, Rec Room, Utility Room

Basement

  • Has basement: Yes
  • Basement: Yes,Finished,Sump Pump

Bedroom1

  • Level: Second
  • Area: 180

Bedroom2

  • Level: Second
  • Area: 182

Bedroom3

  • Level: Second
  • Area: 130

Bedroom4

  • Level: First
  • Area: 110

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Dining Room

  • Level: First
  • Area: 176

Features

  • Bedroom,Rec Room,Utility Room
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Zoned,Natural Gas
  • Cooling features: Central Air,Zoned

Kitchen

  • Features: Separate Dining Area
  • Level: First
  • Area: 165

Living Room

  • Level: First
  • Area: 378

Master Bathroom

  • Features: Stall Shower

Property

Details

  • Parcel number: 2304000490000000090000
  • Exclusions: See Addendum attached to Sellers Disclosure (last page of SD file).

Features

  • Patio & porch: Deck,Patio

Lot

  • Lot size: 5,227 sqft
  • Lot size dimensions: 50 x 100

Parking

  • Total spaces: 2
  • Parking features: 1 Car Width,Attached Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,331$87,972
Home Insurance *$246$2,952
Property Taxes $1,957$23,484
Electricity $193$2,318
Total$9,727$116,724
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$333,497/yr
40% on housing$291,810/yr
45% on housing$259,386/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.8%
6.8%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07928$769
Morris County$394

vs Homes Sold Last Month

Median $/sqft

ZIP 07928$635
Morris County$367

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-04Pending sale$1,449,900
2026-07-30Price change$1,449,900
2026-07-15Listed for sale$1,549,000
2026-06-26Listing removed$1,659,000
2026-05-27Listed for sale$1,659,000
2026-05-26Listing removed$1,759,000
2026-05-14Listed for sale$1,759,000
2023-12-07Sold$1,650,000
2023-11-09Pending sale$1,499,000
2023-10-31Listed for sale$1,499,000
2023-07-24Listing removed--
2021-07-23Sold$550,000
2021-05-20Listed for sale$569,900
2017-09-25Listing removed$575,000
2017-08-08Price change$575,000
2017-04-19Listed for sale$560,000
2006-07-10Sold$509,000
2000-06-26Sold$305,000
1996-08-19Sold$211,000

For Sale by Agent

AgentScott Shuman
BrokerageKeller Williams Realty

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