40 Chestnut Dr, Matawan, NJ 07747
Property image
Property image
OFF MARKET

$725,500

Trulia Estimate
  • 4 Beds
  • 2.5 Baths
  • 1,746 sqft (on 0.41 acres)

40 Chestnut Dr, Matawan, NJ 07747

Morristown
Est. Refi. Payment $4,924/mo*
Refinance Your Home
Currently Off Market - Sold Jul 13, 2022 for $575,000

Home Value

Trulia Estimate
$726K
Since last month
Decreased$9K (-1.3%)
Since last year
Increased$27K (+3.8%)
Since last sale
Increased$149K (+26%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +104% in the last 10 years
MonthEstimated value
2026
August 2026$724K
August 2026$724K
July 2026$734K
June 2026$728K
May 2026$726K
April 2026$709K
March 2026$704K
February 2026$689K
January 2026$689K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
37 Daniel Drive, Matawan, NJ
0.09
Single-Family Home
$680,000
08/13/26
3
2
1,826
36 Union Street, Matawan, NJ
0.12
Single-Family Home
$810,000
12/03/25
4
2.5
2,307
22 Colonial Dr, Matawan, NJ
0.21
Single-Family Home
$625,000
09/09/25
3
1.5
1,508
10 Chestnut Dr, Matawan, NJ
0.21
Single-Family Home
$665,000
03/31/26
3
2
1,722
179 Ravine Drive, Matawan, NJ
0.31
Single-Family Home
$464,500
09/04/26
3
2
1,836
42 Beechwood Terrace, Matawan, NJ
0.47
Single-Family Home
$760,000
10/31/25
5
3
2,312
45 Beechwood Terrace, Matawan, NJ
0.52
Single-Family Home
$500,000
07/09/26
5
1.5
2,046
26 Edgewater Drive, Matawan, NJ
0.55
Single-Family Home
$565,000
01/16/26
3
1.5
1,779
11 1/2 Edgewater Drive, Matawan, NJ
0.62
Single-Family Home
$590,000
06/04/26
4
2.5
2,084
4 Angelica Ct, Matawan, NJ
0.46
Single-Family Home
$780,000
06/24/26
3
2.5
1,760

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
49 Chestnut Drive, Matawan, NJ 07747
0.08
$854,000
5
3.5
-
Off Market
37 Daniel Drive, Matawan, NJ 07747
0.09
$680,000
3
2
1,826
Recently Sold
35 Chestnut Drive, Matawan, NJ 07747
0.08
$933,800
4
2.5
2,598
Off Market
36 Union Street, Matawan, NJ 07747
0.12
$810,000
4
2.5
2,307
Recently Sold
30 Daniel Dr, Matawan, NJ 07747
0.13
$781,200
4
2.5
1,824
Off Market
18 Ned Drive, Matawan, NJ 07747
0.11
$739,900
3
2
1,848
For Sale
7 Chestnut Dr, Matawan, NJ 07747
0.17
$689,600
4
2
1,722
Off Market
102 Aberdeen Rd, Aberdeen, NJ 07747
0.22
$781,400
4
2.5
2,188
Off Market
22 Colonial Dr, Matawan, NJ 07747
0.21
$671,000
3
1.5
1,508
Off Market
9 Fawn Drive, Matawan, NJ 07747
0.24
$759,100
4
2.5
1,640
Off Market
3 Fawn Drive, Matawan, NJ 07747
0.24
$810,900
4
2.5
2,046
Off Market
97B Aberdeen Road, Matawan, NJ 07747
0.26
$884,300
4
2.5
2,500
Off Market

Local Information

  • Map ViewExplore the area around 40 Chestnut Dr.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1963
0.41 acre lot
1,746 sqft
$416/sqft
Garage

About this House

This single-family home is located at 40 Chestnut Dr, Matawan, NJ. 40 Chestnut Dr is in the Morristown neighborhood in Matawan, NJ and in ZIP code 07747. This property has 4 bedrooms, 2 bathrooms and approximately 1,746 sqft of floor space. This property has a lot size of 0.41 acres and was built in 1963.
40 Chestnut Dr, Matawan, NJ 07747 is a 4 bedroom, 2 bathroom, 1,746 sqft single-family home in Morristown, built in 1963. It last sold for $575,000 on Jul 13, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $725,500, with a rent estimate of $3,723/month.

Home Details for 40 Chestnut Dr

Interior Features

Interior Details
BasementAtticNumber of Rooms: 11Types of Rooms: Breakfast Nook, Dining Room, Family Room, Master Bath, Mud RoomCeiling Fan
Heating & Cooling
Heating: GasAir ConditioningCooling System: Central, SolarHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 3Floors: Hardwood
Appliances & Utilities
Cable ReadyDishwasherDryerRefrigeratorWasher
Fireplace & Spa
Jetted Bath Tub

Property Information

Year Built
Year Built: 1963
Property Type / Style
Property Type: Single Family HomeArchitecture: Split-level

Exterior Features

Exterior Home Features
DeckExterior: VinylPorch
Pool
Pool
Parking & Garage
GarageParking Spaces: 4Parking: Garage Attached

Community

Units in Building: 1

Lot Information

Lot Area: 0.41 acres

Price and Tax history

DateEventPrice
Jul 13, 2022
Source: MoreMLS #22208350
Sold
$575,000
Apr 20, 2022
Source: MoreMLS #22208350
Contingent
$575,000
Mar 27, 2022
Source: MoreMLS #22208350
Listed For Sale
$575,000

Market trends in Matawan

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$512K
$25.67KMoM
Sale-to-List Price
100.5%
0.1%MoM
Price per sq ft
$353
$4MoM
Available listings
109
7MoM

Around this home

Neighborhood Overview

Morristown
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Morristown

At least 1 Trulia users voted on each feature.

  • 100 % Say there are community events

  • 100 % Say they plan to stay for at least 5 years

  • 100 % Say it's quiet

  • 100 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Dionairys Velez
    "Halloween is a very important holiday, everybody decorate their houses and give out very good candy celection Xmas tree lighting "
    0
    Flag

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Frequently asked questions about 40 Chestnut Dr

  • What is 40 Chestnut Dr estimated to be worth?
    Trulia's estimated value for 40 Chestnut Dr in Matawan, NJ is $725,500.
  • What is the price history for 40 Chestnut Dr?
    40 Chestnut Dr in Matawan, NJ last sold for $575,000 in July 2022.
  • Is Matawan a buyer's or seller's market?
    Matawan is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Matawan?
    The median sale price in Matawan is $512K. That is down $25.67K from the prior month.
  • Does 40 Chestnut Dr have air conditioning?
    Yes, 40 Chestnut Dr in Matawan, NJ has air conditioning.
  • Does 40 Chestnut Dr have a pool?
    Yes, 40 Chestnut Dr in Matawan, NJ has a pool.

Explore by feature - Pet Friendly

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Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Pool

6 rentals with a pool in Matawan, NJ

Explore by feature - Washer/dryer

13 rentals with a washer/dryer in Matawan, NJ

Apartments for Rent

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Off Market Homes Near 40 Chestnut Dr

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