$649,000
COMING SOON

1427 Summit Ave Toms River, NJ 08753

Estimated payment $4,318/month

Total Views 457
4 Beds
3.5 Baths
-- Sq Ft
6,098 Sq Ft Lot

Highlights

  • Popular Property
  • Solar Power System
  • Granite Countertops
  • Bay View
  • Colonial Architecture
  • No HOA

About This Home

Impressive Multi-Generational Custom Home sits high on a bluff, surrounded by nature and privacy trees. This custom-built 2,760 sq ft home including the 832 sq ft finished walk-out basement, offers 4-bedroom, 3.5-bathroom & this home was the builder's own home. Set in sought-after Money Island community & offers a perfect blend of elegance, seclusion, and practicality. The finished walk-out basement boasts separate living quarters w/its own private entry, kitchenette, living room, bedroom & full bathroom. The two areas share utilities & laundry area (Easy to add a 2nd laundry area) Home works wonderfully for a big family who enjoys yachting & a quick walk to Money Island Beach, and is a rare find for those who desire connected yet separate living quarters. The chef-inspired kitchen is outfitted with granite countertops, a generous center island, and nearly-new stainless steel appliances. Upstairs, you'll find three roomy bedrooms, including the primary bedroom suite with a spa-like bathroom, featuring a six-head shower, walk-in closet, and stone tile flooring. A shared pass-through bathroom with travertine flooring connects the other 2 bedrooms. Be sure to explore the walk-up attic with a view overlooking the Toms River, perfect as a private office or luxurious dressing room. Additional perks include an attached garage, the seller says room to park 4-cars, and a short stroll to the Toms River Yacht Club and the tranquil private beach. This is a haven for boating & nature lovers, and families alike. Don't miss this chance to own a beautiful Money Island property and embrace the lifestyle you've dreamed of!Check out the link below to learn more about Money Island Beach: and also the Toms River Yacht Club:

Last Listed By

Anita Jacobus

Keller Williams Shore Properties License #9913490 Listed on: 05/23/2025

Keller Williams Shore Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,216

Year Built

  • Built in 2004

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 55' x 165'
  • Fenced

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Duplex
  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Gas Fireplace
  • Sliding Doors
  • Bay Views
  • Finished Basement
  • Walk-Out Basement
  • Walkup Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Patio
  • Exterior Lighting
  • Storage Shed

Schools

  • Washington St Elementary School
  • Tr Intr South Middle School
  • TOMS River South High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Seller's personal belongings.
  • Assessor Parcel Number 08-00717-0000-00560-03

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,216

Year Built

Built in 2004

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Mother/Daughter, Colonial
  • Reso Flooring: Carpet, Ceramic Tile
  • Reso Interior Features: Attic - Walk Up, Dec Molding, In-Law Floorplan
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Green Power: Solar Panels, Solar: Purchase Power Agreement
  • Year Built: 2004
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.14
  • General Property Info Lot Dimensions: 55' x 165'
  • Location Middle School: TR Intr South
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Dec Molding: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Dining Room Floor - Ceramic3: Yes
  • Kitchen Breakfast Cntr: Yes
  • Interior In-Law Suite: Yes
  • Living Room Dec Molding3: Yes
  • Water Type Bayview: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Foyer Floor - Ceramic: Yes
  • Living Room Sliding Door2: Yes
  • Interior Attic - Walk Up: Yes
  • Exterior Solar Panels: Yes
  • Living Room Floor - Ceramic2: Yes
  • GreatFamily Room Dec Molding6: Yes
  • Special Features: ComingSoon

Interior Features

  • Basement: Finished, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Stories: 2
  • Basement Finished: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Fence
  • Acres: 0.14
  • Waterfront Features: Bayview
  • Waterfront: No
  • Exclusions: Seller's personal belongings.
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: TR Intr South

Lot Info

  • Lot Dimensions: 55' x 165'
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 08-00717-0000-00560-03
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8216.0

MLS Schools

  • Elementary School: Washington St
  • High School: Toms River South

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,810 $451,200 $94,000 $357,200
2023 $7,531 $451,200 $94,000 $357,200
2022 $7,531 $451,200 $94,000 $357,200
2021 $7,330 $292,600 $73,300 $219,300
2020 $7,297 $292,600 $73,300 $219,300
2019 $6,981 $292,600 $73,300 $219,300
2018 $6,888 $292,600 $73,300 $219,300
2017 $6,829 $292,600 $73,300 $219,300
2016 $6,651 $292,600 $73,300 $219,300
2015 $6,399 $292,600 $73,300 $219,300
2014 $6,092 $292,600 $73,300 $219,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2024 09/02/24 For Rent $1,695 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed $320,000 None Available
Sheriffs Deed $234,000 None Available
Interfamily Deed Transfer -- Clear Advantage Title
Deed $245,000 Counsellors Title Agency Inc
Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $274,720 FHA
Previous Owner $800,000 Credit Line Revolving
Previous Owner $187,500 Purchase Money Mortgage
Previous Owner $187,500 Purchase Money Mortgage
Previous Owner $92,000 Unknown
Previous Owner $380,000 New Conventional
Previous Owner $323,200 Unknown
Previous Owner $65,100 Credit Line Revolving
Previous Owner $237,650 Purchase Money Mortgage
Source: Public Records

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22515293

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00717-0000-00560-03