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116 Chestnut Ave

Atlantic Highlands, NJ 07716

5 bd 3 ba 2,630 sqft Built 1996 Lot 8,712 sqft single_family
Most recent sale
$475,000
Dec 15, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 15, 2023 Sold $475,000 MoreMLS
Oct 27, 2023 Price changed $525,000 MoreMLS
Oct 5, 2023 Listed $575,000 MoreMLS
Oct 1, 2023 Listed $575,000 CJMLS
Jun 11, 1996 Sold $118,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $281,000 $396,800 $677,800 $10,939
2024 $281,000 $396,800 $677,800 $10,008
2023 $276,300 $315,100 $591,400 $10,278
2022 $266,400 $266,600 $533,000 $10,036
2021 $236,900 $195,700 $432,600 $8,998
2020 $234,400 $186,100 $420,500 $8,990
2019 $233,100 $187,600 $420,700 $8,885
2018 $224,900 $154,600 $379,500 $8,223
2017 $218,100 $154,600 $372,700 $8,158
2016 $210,300 $144,600 $354,900 $7,562
2015 $194,200 $144,600 $338,800 $7,236
2014 $188,400 $144,600 $333,000 $7,289
2013 $188,400 $144,600 $333,000 $7,126
2012 $188,400 $144,600 $333,000 $7,266
2011 $188,400 $144,600 $333,000 $7,196
2010 $209,600 $169,600 $379,200 $7,053
2009 $143,800 $169,600 $313,400 $5,612
2008 $77,100 $44,900 $122,000 $4,585
2007 $75,600 $44,900 $120,500 $4,585

Property facts

Year built
1996
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,630 sqft
Lot size
8,712 sqft
ZIP code
07716
City
Atlantic Highlands
Street
Chestnut Ave
Coordinates
40.40683, -74.04309

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,945
Gross rental yield
9.97%
Implied cap rate
6.48%
Trend-extrapolated value

Frequently asked questions

When did 116 Chestnut Ave last sell?
116 Chestnut Ave most recently sold on Dec 15, 2023 for $475,000.
What is the current tax assessment for 116 Chestnut Ave?
The most recent total assessment for 116 Chestnut Ave (year 2025) is $677,800 with $10,939 in property tax.
How does 116 Chestnut Ave's assessment compare to its last sale price?
The current assessment is 42.7% above the last sale price of $475,000.
When was 116 Chestnut Ave built?
116 Chestnut Ave was built in 1996.
How does 116 Chestnut Ave compare to others on Chestnut Ave?
We track 8 other properties on Chestnut Ave. Browse the list under "Other properties on Chestnut Ave" to compare beds, baths, and sale history.
What are the property facts for 116 Chestnut Ave?
116 Chestnut Ave is a 5 bed, 3 bath, 2,630 sqft, 8,712 sqft lot single_family.
Is 116 Chestnut Ave a flip candidate?
No — 116 Chestnut Ave does not appear in our flips dataset.
Is 116 Chestnut Ave a tax-appeal candidate?
Yes — 116 Chestnut Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.3%
Implied 1-yr
+5.3%
2026 Q3
$1.07M
2026 Q4
$1.09M
ZIP 07716 — Median Price History + Forecast

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