Ocean County  »  08701  »  Chestnut St  »  388 Chestnut St

388 Chestnut Street, Lakewood, NJ 08701 - Property report

Also known as: 388 Chestnut St

Property image for 388 Chestnut Street, Lakewood, NJ 08701
static Mapbox map

Property type

Daycare Center (661)

Year built

1970

Acreage

1.41

Sale price

$6,000,000

General information

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Address
Primary address
388 Chestnut Street
ZIP code
08701
County
Ocean
Block
1087
Lot
15
Neighborhood
Chestnut Estates
Municipality
1515
Qualifier
Parcel ID
1087-15

Owner

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Sales
Sale date
08/18/2017
Sale price
$6,000,000
Arm's length
Tax
Tax year
2026
Base tax
$79,352
Building
Property type
Daycare Center (661)
Building sq. ft.
22,645
Year built
1970
Exterior structural material
Lot
Acreage
1.41
Zoning & Use
Qualified opportunity zone

Area overview

Walk score
11 /100.  Car-Dependent
Transit score
0 /100.  Minimal Transit
Bike score
31 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 388 Chestnut Street, Lakewood, NJ

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

Sales history for 388 Chestnut Street, Lakewood, NJ 08701

Sale date Sale price Buyer name Seller name
08/18/2017 $6,000,000 XXXX XXXXXXXXXXXX XX XXXXXXXX XXX XXXXXXX XXXXXX XXXXX XXX
09/22/2009 $100 XXXXXXX XXXXXX XXXXX XXX XXX XXXXXXXX XXX
07/12/2001 $770,000

*Most recent sales on record for this property.

More about Ocean County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
06/30/2021 - R
06/24/2021 - D
Mortgage XXXX XXXXXXXXXXXX XX XXXXXXXX XXX XXXXX XXXXXXXX XXXX
08/25/2017 - R
08/18/2017 - D
Deed and Realty Tax Fees XXXXXXX XXXXXX XXXXX XXX XXXX XXXXXXXXXXXX XX XXXXXXXX XXX
09/22/2009 - D
09/22/2009 - R
Deed and Realty Tax Fees XXX XXXXXXXX XXX XXXXXXX XXXXXX XXXXX XXX
07/12/2001 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 388 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
$79,352
Recent tax assessments
Market value
$3,454,600
Land value
$775,500
Building value
$2,679,100

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 $3,454,600 $3,454,600 2.297 $79,352 -3.24%
2024 $3,454,600 $3,454,600 2.374 $82,012 +4.86%
2023 $3,454,600 $3,454,600 2.264 $78,212 +2.96%
2022 $3,454,600 $3,454,600 2.199 $75,967 +2.25%
2021 $3,378,600 $3,378,600 2.199 $74,295 -0.27%
2020 $3,378,600 $3,378,600 2.205 $74,498 +3.96%
2019 $3,378,600 $3,378,600 2.121 $71,660 +2.31%
2018 $3,338,600 $3,338,600 2.098 $70,044 +4.74%
2017 $3,338,600 $3,338,600 2.003 $66,872 -28.00%
2016 $3,247,600 $3,247,600 2.86 $92,881 +2.99%

Permit information for 388 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

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Frequently asked questions

What is the year built for 388 Chestnut Street, Lakewood, NJ 08701?

The development at 388 Chestnut Street, Lakewood, NJ 08701 was built in 1970.

What is the total square footage of 388 Chestnut Street, Lakewood, NJ 08701?

388 Chestnut Street, Lakewood, NJ 08701 has a total of 22,645 square feet.

When was 388 Chestnut Street, Lakewood, NJ 08701 last sold and what was the sale price?

388 Chestnut Street, Lakewood, NJ 08701 was last sold on 08/18/2017 for $6,000,000.

What is the assessed value of 388 Chestnut Street, Lakewood, NJ 08701?

388 Chestnut Street, Lakewood, NJ 08701 is currently assessed at $3,454,600.

What are the property taxes for 388 Chestnut Street, Lakewood, NJ 08701?

The property taxes for 388 Chestnut Street, Lakewood, NJ 08701 total $79,352.

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