Local Market Explorer

About Area

Formerly known as Dover Township, Toms River is the "County Seat" of Ocean County, NJ, and is located approximately 90 miles south of New York City, 60 miles east of Philadelphia and 55 miles north of Atlantic City. Toms River Township has a total area of about 53 square miles, 12 of which is water (the actual Toms River and the Barnegat Bay) and includes Ortley Beach and the Dover Beaches.

Real Estate Market Stats

Zillow Home Value Index: $223,500

Zillow Home Value Index

Owners vs. Renters

Home Size in Square Feet

Year Built

Local National
Zillow Home Value Index $223,500 $146,200
Median Single Family Home Value $228,000 $146,400
Median Condo Value $170,500 $145,200
Median 2-Bedroom Home Value $160,400 $109,800
Median 3-Bedroom Home Value $233,300 $140,900
Median 4-Bedroom Home Value $315,800 $231,000
Percent Homes Decreasing 70.7% 55.8%
Percent Listing Price Reduction 36.6% 28.9%
Median List Price Per Sq Ft $142 $92
Median List Price $265,000 $185,000
Median Sale Price $224,900 $176,500
Homes Recently Sold 73 267,974
Property Tax $4,088 $2,105
Turnover (Sold Within Last Yr.) 2.9% 3.3%
Median Value Per Sq Ft $155 $106
1-Yr. Change -9.8% -3.1%
Homes For Sale By Owner 35 49,906
New Construction 0 44,298
Foreclosures 138 522,857

 

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