285 Chestnut St, Lakewood, NJ 08701

Located in one of Lakewood’s most sought-after and tightly held neighborhoods, this expansive 0.41-acre (150’ x 120’) corner property offers a rare opportunity for end-users, investors, and community organizations. Currently configured as a spacious 5-bedroom, 3-bathroom home (approximately 2,500 sq. ft.), the true value of this property lies in its location, layout, and R-20 zoning. Boasting 150 feet of frontage on one side and 120 feet on the other, the corner configuration provides dual access points—ideal for maximizing circular driveways, ample parking, or flexible site design. Situated in the R-20 zone, which permits Public/Private Schools and Places of Worship (subject to municipal site-plan approval), this is an incredibly rare find for organizations seeking a footprint for a small yeshiva, shul, or community facility in a neighborhood where inventory is practically nonexistent. The oversized lot features extensive green space, offering a blank canvas for outdoor recreation areas, playgrounds, or building expansion. The existing bi-level home features generous living spaces, multiple bedrooms, and an attached garage, making it immediately usable for a large family or as a rental income generator while you secure your future plans. Properties with this specific combination of location, corner access, and zoning flexibility rarely hit the open market. Buyer is responsible for all due diligence, verifying square footage, and confirming zoning/use requirements with Lakewood Township.