Toms River, NJ—08755
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Toms River, NJ
As of Oct '25, the median home price in Toms River, NJ is $518,000, with a year-over-year change of 2.9%. This indicates that home prices in Toms River, NJ are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $518,000 | 2.9% |
| Single Family | $538,000 | 2.9% |
| Condos | $361,000 | 3.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $412,000 | 1.7% |
3 Bed | $510,000 | 4.1% |
4 Bed | $805,000 | 3.6% |
| 5 Bed | $1,126,000 | 3.9% |
% of Housing Stock
Rental Trends — Toms River, NJ
As of July '25, Rentcast reports the average rent in Toms River, NJ is $3,770, with a year-over-year rent change of 12.2%. Per bedroom, the median rent as of July '25 in Toms River, NJ is 1-bedrooms: $2,120, 2-bedrooms: $2,710, 3-bedrooms: $3,410, 4-bedrooms: $3,900. The most common rental property sizes in Toms River, NJ are 2-bedroom and 1-bedroom, accounting for 50.5% and 27.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,300 | $3,770 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,400 | $2,120 |
| 2 Bed Rent | $2,450 | $2,710 |
| 3 Bed Rent | $3,200 | $3,410 |
| 4 Bed Rent | $4,000 | $3,900 |
% of Rental Stock
Property Listings — Toms River, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Toms River, NJ is 54. This is a increase of 52.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $500,000 | -4.0% |
Listing Count | 155 | 21.0% |
| Listings as % of Homes | 1.3% | 21.0% |
Days on Market | 54 | 52.0% |
Demographics — Toms River, NJ
As of the latest ACS Survey released in 2023, Toms River, NJ has a population of 29,300, which has increased by 13.3% over the past 5 years. Toms River, NJ is a popular place for families, as children make up 26.9% of the population. The area has a moderately educated workforce, with 32.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,300 | 13.3% |
% Under 18 | 26.9% | 37.9% |
% Seniors | 22.8% | -12.0% |
% WFH | 14.2% | 178.4% |
% w/ College Degree | 32.8% | 9.7% |
As of the latest ACS Survey released in 2023, Toms River, NJ is a predominantly white area, with 73.4% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in Toms River, NJ is hispanic, making up 11.3% of the population. Foreign-born residents account for 9.7% of the population in Toms River, NJ, and this percentage has decreased by 12.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 73.4% | -5.2% |
% Black | 8.7% | 61.1% |
% Hispanic | 11.3% | 15.3% |
% Asian | 4.5% | -27.4% |
% Foreign Born | 9.7% | -12.6% |
Mortgage and Risk — Toms River, NJ
According to HUD data as of 2023, there were 520 mortgage originations in Toms River, NJ, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Toms River, NJ. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 520 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Toms River, NJ
As of 2024, the percent of homes in Toms River, NJ under the Section 8 program is 8.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Toms River, NJ, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 181 |
Total Units Section 8 | 179 |
% Rentals under Section 8 | 8.5% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$870 | $2,400 | $1,530 |
| 2 Bedroom | -$560 | $2,450 | $1,890 |
| 3 Bedroom | -$680 | $3,200 | $2,520 |
| 4 Bedroom | -$1,200 | $4,000 | $2,800 |
Affordability — Toms River, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $518,000 |
| Median Household Income | $81,100 |