$350,000
SOLD JUL 3, 2025

156 Chestnut Ave Oaklyn, NJ 08107

-- Bed
-- Bath
2,757 Sq Ft
2,500 Sq Ft Lot

Recently Sold

$127 Per Sq Ft

5% Below List Price

247 Days on Market

About This Home

As of July 2025

****Incredible investment opportunity with a cap rate of over 11%**** This quadplex boasts a strong rental history. The building features a charming 2-story brick front with stucco exterior, separate tenant entrances, a mix of (2 ) spacious 1BR units and (2) nice size efficiency units with eat in kitchen. Each unit showcases hardwood floors, some updates to baths and kitchens. The property is just under a total square footage of nearly 3,000 sq. ft. Don't miss this golden opportunity to expand your portfolio in a high-demand rental market area. Please find P&L in documents.

Last Agent to Sell the Property

Sid Benstead

BHHS Fox & Roach-Marlton Listed on: 09/11/2024

BHHS Fox & Roach-Marlton

Last Buyer's Agent

Sid Benstead

BHHS Fox & Roach-Marlton Listed on: 09/11/2024

BHHS Fox & Roach-Marlton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,981

Year Built

  • Built in 1928

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25.00 x 100.00

Parking

  • On-Street Parking

Home Design

  • 2,757 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation
  • Concrete Perimeter Foundation
  • Stucco

Utilities

  • Window Unit Cooling System
  • 90% Forced Air Heating System
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • 4 Vacant Units

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 37-00304-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,981

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1928
  • Automatically Close On Close Date: No
  • Remarks Public: ****Incredible investment opportunity with a cap rate of over 11%**** This quadplex boasts a strong rental history. The building features a charming 2-story brick front with stucco exterior, separate tenant entrances, a mix of (2 ) spacious 1BR units and (2) nice size efficiency units with eat in kitchen. Each unit showcases hardwood floors, some updates to baths and kitchens. The property is just under a total square footage of nearly 3,000 sq. ft. Don't miss this golden opportunity to expand your portfolio in a high-demand rental market area. Please find P&L in documents.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block, Concrete Perimeter
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2757
  • Living Area Sq Ft: 2757
  • Price Per Sq Ft: 132.39
  • Above Grade Finished Sq Ft: 2757
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 156

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: OAKLYN BOROUGH PUBLIC SCHOOLS
  • School District Key: 300200396994
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 25.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2500.00
  • Year Assessed: 2024
  • Zoning: RESIDENTAL

Rental Info

  • Existing Lease Type: Yearly
  • Units Leased Count: 4
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 4
  • Single Room Units Count: 2

Tax Info

  • Tax Annual Amount: 6981.00
  • Assessor Parcel Number: 37-00304-00002
  • Tax Lot: 00002
  • Tax Total Finished Sq Ft: 2757
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 07/03/2025

MLS Schools

  • School District Name: OAKLYN BOROUGH PUBLIC SCHOOLS

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Sold $350,000 -4.1% $127 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
05/01/2025 05/01/25 Price Changed $365,000 -1.4% $132 / Sq Ft
04/14/2025 04/14/25 For Sale $370,000 0.0% $134 / Sq Ft
04/02/2025 04/02/25 Pending -- -- --
02/27/2025 02/27/25 Price Changed $370,000 0.0% $134 / Sq Ft
02/27/2025 02/27/25 For Sale $370,000 +3.1% $134 / Sq Ft
12/01/2024 12/01/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $359,000 -- $130 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Bright MLS

MLS Number: NJCD2075880

Bright MLS