Ocean County  »  08701  »  Chestnut St  »  40 Chestnut St

40 Chestnut Street, Lakewood, NJ 08701 - Property report

Also known as: 40 Chestnut St

Property image for 40 Chestnut Street, Lakewood, NJ 08701
static Mapbox map

Property type

Store (SCILSR)

Year built

1960

Acreage

0.029

Sale price

$4,260,000

General information

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Address
Primary address
40 Chestnut Street
ZIP code
08701
County
Ocean
Block
1077
Lot
41.02
Neighborhood
Chestnut Estates
Municipality
1515
Qualifier
Parcel ID
1077-41.02

Owner

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Sales
Sale date
11/12/2021
Sale price
$4,260,000
Arm's length
Tax
Tax year
2026
Base tax
$5,414
Current property tax
$5,709
Building
Property type
Store
Building sq. ft.
1,440
Year built
1960
Exterior structural material
Lot
Acreage
0.029
Zoning & Use
Qualified opportunity zone

Area overview

Walk score
59 /100.  Somewhat Walkable
Transit score
0 /100.  Minimal Transit
Bike score
45 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 40 Chestnut Street, Lakewood, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 40 Chestnut Street, Lakewood, NJ 08701

Sale date Sale price Buyer name Seller name
11/12/2021 $4,260,000 XX XXXXXXXX XXX XXX XXX XXX

*Most recent sale on record for this property.

More about Ocean County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
11/30/2021 - R
11/12/2021 - D
Mortgage XX XXXXXXXX XXX XXX XXXXX XXXXXXXX XXXX
11/30/2021 - R
11/12/2021 - D
Deed and Realty Tax Fees XXX XXX XX XXXXXXXX XXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 40 Chestnut Street, Lakewood, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Base tax
$5,414
Current property tax
$5,709
Recent tax assessments
Market value
$235,700
Land value
$108,000
Building value
$127,700

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $235,700 $235,700 2.297 $5,414 -3.24%
2024 $235,700 $235,700 2.374 $5,596 +4.86%
2023 $235,700 $235,700 2.264 $5,336 +2.96%
2022 $235,700 $235,700 2.199 $5,183 0.00%
2021 $235,700 $235,700 2.199 $5,183 -0.27%
2020 $235,700 $235,700 2.205 $5,197 n/a

Permit information for 40 Chestnut Street, Lakewood, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
139,149
Median age
18.2
Average household income
$100,999
Family households
78.7%
People per household (average)
4.36
Occupied housing units
31,469
Owner-occupied units
51.5%
Median year structure built
1994
Median value mortgaged units
$577,000
Median value unmortgaged units
$371,600

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 40 Chestnut Street, Lakewood, NJ 08701 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 40 Chestnut Street, Lakewood, NJ 08701?

The development at 40 Chestnut Street, Lakewood, NJ 08701 was built in 1960.

What is the market value of 40 Chestnut Street, Lakewood, NJ 08701?

The current market value of 40 Chestnut Street, Lakewood, NJ 08701 is $235,700.

What is the total square footage of 40 Chestnut Street, Lakewood, NJ 08701?

40 Chestnut Street, Lakewood, NJ 08701 has a total of 1,440 square feet.

What is the price per square foot for this property?

$2,958 per square foot is the price for 40 Chestnut Street, Lakewood, NJ 08701.

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