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157 Chestnut Ave

Berlin, NJ 08009

3 bd 2 ba 1,215 sqft Built 1964 Lot 14,401 sqft single_family
Most recent sale
$245,000
Sep 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 22, 2022 Sold $245,000 MLS #NJCD2029032
Jul 29, 2022 Listed $259,000 MLS #NJCD2029032
Oct 1, 1982 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $119,400 $37,000 $156,400 $6,221
2024 $119,400 $37,000 $156,400 $6,102
2023 $119,400 $37,000 $156,400 $5,941
2022 $116,400 $37,000 $153,400 $5,648
2021 $116,400 $37,000 $153,400 $5,584
2020 $116,400 $37,000 $153,400 $5,535
2019 $116,400 $37,000 $153,400 $5,501
2018 $116,400 $37,000 $153,400 $5,426
2017 $116,400 $37,000 $153,400 $5,329
2016 $116,400 $37,000 $153,400 $5,262
2015 $116,400 $37,000 $153,400 $4,979
2014 $116,400 $37,000 $153,400 $4,867
2013 $116,400 $37,000 $153,400 $4,798
2012 $116,400 $37,000 $153,400 $4,639
2010 $67,600 $16,500 $84,100 $4,130
2009 $67,600 $16,500 $84,100 $4,149
2008 $67,600 $16,500 $84,100 $4,105
2007 $67,600 $16,500 $84,100 $3,986

Property facts

Year built
1964
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,215 sqft
Lot size
14,401 sqft
ZIP code
08009
City
Berlin
Street
Chestnut Ave
Coordinates
39.77779, -74.95496

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,823
Gross rental yield
8.93%
Implied cap rate
5.80%
Trend-extrapolated value

Frequently asked questions

When did 157 Chestnut Ave last sell?
157 Chestnut Ave most recently sold on Sep 22, 2022 for $245,000.
What is the current tax assessment for 157 Chestnut Ave?
The most recent total assessment for 157 Chestnut Ave (year 2025) is $156,400 with $6,221 in property tax.
How does 157 Chestnut Ave's assessment compare to its last sale price?
The current assessment is 36.2% below the last sale price of $245,000.
When was 157 Chestnut Ave built?
157 Chestnut Ave was built in 1964.
How does 157 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 157 Chestnut Ave?
157 Chestnut Ave is a 3 bed, 2 bath, 1,215 sqft, 14,401 sqft lot single_family.
Is 157 Chestnut Ave a flip candidate?
No — 157 Chestnut Ave does not appear in our flips dataset.
Is 157 Chestnut Ave a tax-appeal candidate?
No — 157 Chestnut Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.7%
Implied 1-yr
+6.8%
2026 Q2
$412.2K
2026 Q3
$418.6K
ZIP 08009 — Median Price History + Forecast

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