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Single Family ResidenceResidential
$855,308$348 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $390,000 on Mar 29, 2011

40 MELROSE DR

CHESTER, NJ 07930
0
Baths
2,457 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
2 ac
Lot SizeThe size of the land the home sits on, from county records.
1970
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$855K
$803K low$907K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$390,000 · Mar 29, 2011

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$13,224 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$509,800 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$199,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$309,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$509,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$509,800

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.45
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
22
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
63
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
97
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
43
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Ranch
CountyMORRIS
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.Yes

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Black River Middle SchoolB+
Middle · Grades 6–8 · 0.7 mi
E
Dickerson Elementary School
Elementary · Grades PK–2 · 0.9 mi
H
West Morris Mendham High SchoolA+
High · Grades 9–12 · 5.2 mi

District: Chester Township School District

Neighborhood · ZIP 07930These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.73
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.89
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.93

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.39%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.3.2%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.8,300
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.341 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$180,876
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$224,662
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.53 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

40 Melrose Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 66% of homes in Morris County
  • Bigger than 69% of homes in Morris County
  • Has a bigger lot than 93% of homes in Morris County

What homes are worth in Chester 07930

Each bar is how many homes fall in that price range. The marker is this home.

This home
$461K$1.8M

This home is worth more than 38% of homes in Chester 07930.

How it measures up in Chester 07930

The dot is this home. The mark in the middle is the typical home in Chester 07930.

Estimated value$855,308
CheaperTypical $948,184Pricier

Pricier than 38% of homes nearby

Price per ft²$348
CheaperTypical $335Pricier

Pricier than 60% of homes nearby

Living area2,457 ft²
SmallerTypical 2,945 ft²Bigger

Bigger than 35% of homes nearby

Lot size2 ac
SmallerTypical 2.02 acBigger

Bigger than 41% of homes nearby

Year built1970
OlderTypical 1978Newer

Newer than 40% of homes nearby

How 40 Melrose Dr ranks against every home in each area.
MeasureThis homeChester 07930Morris County
Estimated valuepricier than$855,30838% of homes66% of homes
Price per ft²pricier than$34860% of homes42% of homes
Living areabigger than2,457 ft²35% of homes69% of homes
Lot sizebigger than2 ac41% of homes93% of homes
Year builtnewer than197040% of homes55% of homes

About 40 Melrose Dr

How much is 40 Melrose Dr, Chester, NJ worth?

The TopHap Estimate for 40 Melrose Dr, Chester, NJ is $855,308 as of Sep 24, 2026. The likely range is $803,329 to $907,287. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40 Melrose Dr, Chester, NJ last sell?

40 Melrose Dr, Chester, NJ last sold on Mar 29, 2011 for $390,000, according to the county's recorded deed.

When was 40 Melrose Dr, Chester, NJ built?

40 Melrose Dr, Chester, NJ was built in 1970, making it 56 years old. It is a ranch home. The building has 1 story.

What schools serve 40 Melrose Dr, Chester, NJ?

40 Melrose Dr, Chester, NJ is assigned to Black River Middle School (middle), rated B+; Dickerson Elementary School (elementary); West Morris Mendham High School (high), rated A+. All sit in Chester Township School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40 Melrose Dr, Chester, NJ compare to other homes in Chester 07930?

Among the 2,788 homes in Chester 07930, it is worth more than 38% of them ($855,308 against a typical $948,184), its price per square foot is higher than 60% of them ($348 against a typical $335), it is bigger than 35% of them (2,457 ft² against a typical 2,945 ft²), its lot is bigger than 41% of them (2 ac against a typical 2.02 ac) and it is newer than 40% of them (1970 against a typical 1978). Measured against all of Morris County, it is worth more than 66% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 40 Melrose Dr, Chester, NJ?

The 2024 property tax bill for 40 Melrose Dr, Chester, NJ was $13,224. The county assessed it at $509,800.

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