512 Terrace Ave Toms River, NJ 08753
Estimated payment $2,465/month
Total Views
2,577
3
Beds
1
Bath
864
Sq Ft
$446
Price per Sq Ft
Highlights
- Rambler Architecture
- No HOA
- Central Air
- Wood Flooring
- Shed
- Hot Water Baseboard Heater
About This Home
Welcome to this beautifully updated 3-bedroom, 1-bath ranch-style home nestled on an oversized lot, offering comfort, convenience, and style. Step inside to find a warm and inviting layout featuring an updated kitchen with modern wood accents above the cabinets, stylish backsplash, and direct access to the side entrance—perfect for everyday living and entertaining. The full basement expands your living space with a partially finished rec room/playroom and a separate laundry area, providing plenty of room for relaxation and functionality. Outside, enjoy the oversized expansive yard and a rare double, extra-long driveway—ideal for multiple vehicles, guests, or even a boat or camper. Located just minutes from prime downtown eateries and summer festivities including the Farmers Market !
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,980
Year Built
- Built in 1951
Lot Details
- 0.35 Acre Lot
- Lot Dimensions are 75.00 x 203.00
- Property is zoned R50
Home Design
- Rambler Architecture
- Shingle Roof
- Shingle Siding
Interior Spaces
- 864 Sq Ft Home
- Property has 1 Level
- Partially Finished Basement
Kitchen
- Stove
- <<microwave>>
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
Outdoor Features
- Shed
Schools
- TOMS River South Middle School
- TOMS River High - South High School
Utilities
- Central Air
- Heating System Uses Oil
- Hot Water Baseboard Heater
- Electric Water Heater
Community Details
- No Home Owners Association
- Toms River Twp Subdivision
Listing and Financial Details
- Tax Lot 00006
- Assessor Parcel Number 08-01094 01-00006
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,784 | $218,600 | $95,000 | $123,600 |
| 2023 | $3,648 | $218,600 | $95,000 | $123,600 |
| 2022 | $3,648 | $218,600 | $95,000 | $123,600 |
| 2021 | $4,041 | $161,300 | $88,500 | $72,800 |
| 2020 | $4,023 | $161,300 | $88,500 | $72,800 |
| 2019 | $3,849 | $161,300 | $88,500 | $72,800 |
| 2018 | $3,797 | $161,300 | $88,500 | $72,800 |
| 2017 | $3,765 | $161,300 | $88,500 | $72,800 |
| 2016 | $3,666 | $161,300 | $88,500 | $72,800 |
| 2015 | $3,528 | $161,300 | $88,500 | $72,800 |
| 2014 | $3,358 | $161,300 | $88,500 | $72,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Pending | -- | -- | -- |
| 07/02/2025 07/02/25 | For Sale | $385,000 | -- | $446 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $120,000 | -- | |
| Deed | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | Credit Line Revolving | |
| Closed | $37,000 | Credit Line Revolving | |
| Closed | $118,146 | FHA |
Source: Public Records
Similar Homes in Toms River, NJ
Source: Bright MLS
MLS Number: NJOC2035184
APN: 08-01094-01-00006
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