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12 Chestnut Pl

Millburn, NJ 07078

4 bd 3 ba 4,155 sqft Built 1948 Lot 26,572 sqft single_family
Most recent sale
$1,850,000
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 15, 2022 Sold $1,850,000 MLS #3772270
Mar 30, 2022 Listed $1,499,000 MLS #3772270

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $445,200 $1,077,000 $1,522,200 $30,733
2024 $445,200 $1,077,000 $1,522,200 $30,170
2023 $445,200 $1,077,000 $1,522,200 $29,774
2022 $445,200 $1,077,000 $1,522,200 $29,576
2021 $445,200 $1,077,000 $1,522,200 $29,500
2020 $445,200 $1,077,000 $1,522,200 $29,317
2019 $445,200 $1,077,000 $1,522,200 $29,378
2018 $445,200 $1,077,000 $1,522,200 $28,952
2017 $445,200 $1,077,000 $1,522,200 $28,252
2016 $541,200 $921,600 $1,462,800 $31,508
2015 $541,200 $921,600 $1,462,800 $30,791
2014 $677,100 $921,600 $1,598,700 $31,979
2013 $677,100 $921,600 $1,598,700 $30,918
2012 $677,100 $921,600 $1,598,700 $30,359
2010 $677,100 $921,600 $1,598,700 $28,430
2009 $677,100 $921,600 $1,598,700 $27,807
2008 $677,100 $921,600 $1,598,700 $26,432
2007 $677,100 $921,600 $1,598,700 $25,009

Property facts

Year built
1948
Property type
single_family
Stories
Beds
4
Baths
3
Living area
4,155 sqft
Lot size
26,572 sqft
ZIP code
07078
City
Millburn
Street
Chestnut Pl
Coordinates
40.72981, -74.32910

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,233
Gross rental yield
4.04%
Implied cap rate
2.63%
Trend-extrapolated value

Frequently asked questions

When did 12 Chestnut Pl last sell?
12 Chestnut Pl most recently sold on Jun 15, 2022 for $1,850,000.
What is the current tax assessment for 12 Chestnut Pl?
The most recent total assessment for 12 Chestnut Pl (year 2025) is $1,522,200 with $30,733 in property tax.
How does 12 Chestnut Pl's assessment compare to its last sale price?
The current assessment is 17.7% below the last sale price of $1,850,000.
When was 12 Chestnut Pl built?
12 Chestnut Pl was built in 1948.
How does 12 Chestnut Pl compare to others on Chestnut Pl?
We track 3 other properties on Chestnut Pl. Browse the list under "Other properties on Chestnut Pl" to compare beds, baths, and sale history.
What are the property facts for 12 Chestnut Pl?
12 Chestnut Pl is a 4 bed, 3 bath, 4,155 sqft, 26,572 sqft lot single_family.
Is 12 Chestnut Pl a flip candidate?
No — 12 Chestnut Pl does not appear in our flips dataset.
Is 12 Chestnut Pl a tax-appeal candidate?
No — 12 Chestnut Pl 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
+4.1%
Implied 1-yr
+16.2%
2026 Q3
$3.76M
2026 Q4
$3.88M
ZIP 07078 — Median Price History + Forecast

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