The township has higher prices, but that's due to much larger lot sizes and less mixed land uses. If you live in the borough, your neighbors will be closer and you might be closer to noise and commercial influences. Hence a lower value. But if you can find a nice home on a quiet street, the value and marketability will be just as good as the township.
If you need any further help, contact me via my website!
Licensed Realtor NJ
Licensed Appraiser NJ & NY
Century 21 Joe Tekula Realtors
Phone (direct): (973) 584-4235
Great Schools, low crime, the Township offers more open space and the Boro offers Main Street
and all the feeling of an American hometown.
There are about over 10,000 residents in the Township and about over 9,000 resdents in the Boro.
The CHATHAMS are located 25 miles west of New York City on the southern edge of Morris County.
What a great place to want to live in!
Bob Idakaar GRI
PRUDENTIAL NJ PROPERTIES
Morris County Regional Office
17 Elm St
Morristown NJ 07960
973-538-7655 x 319 or 210
To answer your question, the of which is more desirable, it is a personal one. If you would like a tour of the 2 towns, please contact me and I will be happy to assist. I have been in the area for 22 years.