1518 Waters Edge Dr Toms River, NJ 08753
2
Beds
2
Baths
1,260
Sq Ft
871
Sq Ft Lot
Highlights
- Private Pool
- Den
- Country Kitchen
- Contemporary Architecture
- Formal Dining Room
- Walk-In Closet
About This Home
As of June 2025Charming 2-Bed, 2-Bath Condo at Waters Edge - A Perfect Blend of Comfort & Convenience! Welcome to this beautifully maintained 2-bedroom, 2-bathroom condo located in the highly desirable Waters Edge community! Offering a spacious layout with a living room, dining room, and kitchen, this home is designed to maximize comfort and functionality. The unit features new windows throughout (except for the living room), ensuring plenty of natural light and energy efficiency. Step through the sliding doors to your own private deck, where you can enjoy the serene outdoors and relax in peace. The condo boasts a cozy foyer that leads into the main living areas, offering an inviting atmosphere perfect for entertaining or simply unwinding. Amenities include: Resort-Style Pool, Playground, Tennis Courts, and a Fishing Dock for Water Enthusiasts. This condo is ideally located near the boardwalk and bay & is just a short distance from major highways, making commuting a breeze.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,817
Year Built
- Built in 1986
Home Design
- Contemporary Architecture
- Asphalt Roof
Interior Spaces
- 1,260 Sq Ft Home
- 1-Story Property
- Entrance Foyer
- Formal Dining Room
- Den
- Vinyl Flooring
Kitchen
- Country Kitchen
- Gas Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Pool
- Private Pool
Utilities
- Forced Air Heating System
- Gas Water Heater
Community Details
Overview
- Association fees include common area maintenance, snow removal, ground maintenance
- Waters Edge Subdivision
- The community has rules related to vehicle restrictions
Recreation
- Community Playground
- Community Pool
Pet Policy
- Pets Allowed
Building Details
- Maintenance Expense $300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 12, 2025
Closed on
Jun 26, 2025
Sold by
Diana Nicole and Odato Glenn P
Bought by
Lemos-Janes Maria C
Seller's Agent
Bruce Parker
BEST REALTY
List Price
$349,000
Sold Price
$347,500
Premium/Discount to List
-$1,500
-0.43%
Views
63
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.49%
Original Mortgage
$278,000
Outstanding Balance
$277,765
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$70,354
Purchase Details
Closed on
Aug 5, 2022
Sold by
Odato Glenn P
Bought by
Odato Glenn P and Odato Diana Niccole
Purchase Details
Closed on
Apr 29, 2003
Sold by
Odato Peter T
Bought by
Odato Glenn P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
5.77%
Purchase Details
Closed on
Jun 7, 1999
Sold by
Monetti Janine J and Mcdonald Janine J
Bought by
Vicente Gary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,200
Interest Rate
6.9%
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Welcome to this beautifully maintained 2 bedroom 2.5 bath townhouse in the Penny Layne complex of Toms River. This home sits at the end of a dead end street in the community which eliminates any traffic. It is a quiet setting that still enjoys the convenience of being close to shopping and major highways. The private fenced in yard is great for entertaining or just relaxing with a good book. The
Dawn Colicchio RE/MAX WELCOME HOME
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $347,500 | Ats Title Agency | |
| Deed | -- | White George S | |
| Deed | $132,000 | -- | |
| Deed | $86,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $278,000 | New Conventional | |
| Previous Owner | $188,560 | New Conventional | |
| Previous Owner | $200,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $0 | Fannie Mae Freddie Mac | |
| Previous Owner | $65,000 | Credit Line Revolving | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $105,600 | No Value Available | |
| Previous Owner | $69,200 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Sold | $347,500 | -0.4% | $276 / Sq Ft |
| 04/12/2025 04/12/25 | For Sale | $349,000 | -- | $277 / Sq Ft |
Source: All Jersey MLS
Tax History Compared to Growth
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 | $3,376 | $209,500 | $100,000 | $109,500 |
| 2023 | $3,244 | $209,500 | $100,000 | $109,500 |
| 2022 | $3,494 | $209,500 | $100,000 | $109,500 |
| 2021 | $814 | $141,000 | $35,000 | $106,000 |
| 2020 | $3,507 | $141,000 | $35,000 | $106,000 |
| 2019 | $3,354 | $141,000 | $35,000 | $106,000 |
| 2018 | $3,067 | $141,000 | $35,000 | $106,000 |
| 2017 | $3,011 | $141,000 | $35,000 | $106,000 |
| 2016 | $2,970 | $141,000 | $35,000 | $106,000 |
| 2015 | $2,855 | $141,000 | $35,000 | $106,000 |
| 2014 | $2,701 | $141,000 | $35,000 | $106,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Bruce Parker
RE/MAX
(908) 755-0200
1 in this area
187 Total Sales
Map
Source: All Jersey MLS
MLS Number: 2511523R
APN: 08-00442-15-00008-15-C18D
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