Real Estate Market Update for Toms River, NJ
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to March's Market Update,. Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was up 10% from one year earlier, and up 7% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 250-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 20%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 160-thousand dollars. The number of units sold decreased 21% year-over-year, and increased 20% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Toms River, NJ
Area Information for Toms River, NJ
  • Population: 92,470
  • Median Age: 41.72 yr
  • Median Commute Time: 21.39 mins
  • Educational Climate*: 4
  • Sales Tax: 6.909%
  • Population Density: 2,284/sq mi
  • Population Change Since 2000: 3.11%
  • Closest Airport: Atlantic City International
  • Closest College: Beth Medrash Govoha
  • Closest Jr. College: Ocean County College
  • Median Household Income: $73,632
  • Annual Residential Turnover: 10.23%
  • Median Years in Residence: 4.7 yr
  • Median Home Sales Price: $232,000
  • Closest Major Sports Team: Trenton Thunder
  • Change Avg. Household Income Since 2000: 34%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for Toms River, NJ
Median Age: 41.72 Married: 38% Number of Households: 34,559 Households with Children: 10,771
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Toms River, NJ

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Ocean Regional School 0.5 mi Public PRESCHOOL-12 0 0
      Toms River High - North High School 0.8 mi Public 9-12 3 4
      Walnut Street Elementary School 0.8 mi Public K-5 2-5 4
      Toms River Center Vocational School 0.9 mi Public 10-12 0 0
      The Goddard School 1.0 mi Private UNGRADE-K 0 0
      Cherry Lane Child Care Center 1.1 mi Private PRESCHOOL-K 0 0
      Ambassador Christian Academy 1.1 mi Private PRESCHOOL-8 0 4
      Toms River Intermediate-north 1.1 mi Public 6-8 3-5 3
      West Dover Elementary School 1.2 mi Public K-5 2-5 4
      Sung Star Academy & Learning Center 1.3 mi Private PRESCHOOL-1 0 0
      Ocean County Christian Academy 1.4 mi Private PRESCHOOL-12 0 0
      St. Joseph Grade School 1.4 mi Catholic K-8 0 4
      Monsignor Donovan High School 1.4 mi Catholic 9-12 0 4
      Toms River High - South High School 1.5 mi Public 9-12 2 4
      Cedar Grove Elementary School 2.0 mi Public PRESCHOOL-5 3-5 4
      The Academy At Grace And Peace 2.1 mi Private PRESCHOOL-8 0 3
      Washington Street Elementary School 2.3 mi Public K-5 3-5 4
      Dover Country Day School 2.6 mi Private PRESCHOOL-PRESCHOOL 0 0
      South Toms River Elementary School 2.6 mi Public K-5 2 3
      Hooper Avenue Elementary School 2.6 mi Public K-5 3-5 3
      Toms River Intermediate-east 2.6 mi Public 6-8 3 4
      East Dover Elementary School 3.1 mi Public K-5 2 4
      North Dover Elementary School 3.1 mi Public K-5 4 5
      Toms River Torah Center 3.1 mi Private - 0 0
      Joseph A. Citta Elementary School 3.4 mi Public K-5 3-5 3
      Toms River High - East High School 3.5 mi Public 9-12 3 4
      Kindercare Learning Center 3.8 mi Private PRESCHOOL-K 0 0
      Hilltop Nursery& Kindergarten School 3.8 mi Private PRESCHOOL-K 0 0
      Silver Bay Elementary School 4.2 mi Public K-5 3-5 5
      Lil Sprouts 4.7 mi Private PRESCHOOL-K 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics 2014
      Local Weather for Toms River, NJ
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.