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Toms River, NJ—08759

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$276,000
1.8% YoY Growth
Household Income
$55,000
47.5% YoY Growth
Days on Market
38
2.0% Longer YoY
Home Price Forecast
0.5%
Median Rent
$2,050
11.0% YoY Growth
1-Bed Rent
$1,500
1.2% YoY Growth
2-Bed Rent
$2,050
2.9% YoY Growth
3-Bed Rent
$3,350
15.8% YoY Growth

Other Zip Codes in Toms River, NJ

087530875708755
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Toms River, NJ

As of May '26, the median home price in Toms River, NJ is $276,000, with a year-over-year change of -1.8%. This indicates that home prices in Toms River, NJ are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$276,000-1.8%
Single Family $294,000-2.3%
Condos $207,0000.0%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $92,000
    -7.1%
    2 Bed
    		$266,000-2.2%
    3 Bed
    		$542,0003.4%
    4 Bed
    		$621,0004.2%
    5 Bed $729,2994.9%
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    % of Housing Stock

    Studio
    1.8%
    1 Bedroom
    12.1%
    2 Bedrooms
    72.5%
    3 Bedrooms
    8.6%
    4 Bedrooms
    3.9%
    5+ Bedrooms
    1.1%

    Rental Trends — Toms River, NJ

    As of July '25, Rentcast reports the average rent in Toms River, NJ is $2,180, with a year-over-year rent change of -11.0%. Per bedroom, the median rent as of July '25 in Toms River, NJ is 1-bedrooms: $1,580, 2-bedrooms: $2,030, 3-bedrooms: $3,450, 4-bedrooms: $3,500. The most common rental property sizes in Toms River, NJ are 2-bedroom and 1-bedroom, accounting for 43.6% and 38.3% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,050$2,180
    Studio Rent N/AN/A
    1 Bed Rent $1,500$1,580
    2 Bed Rent $2,050$2,030
    3 Bed Rent $3,350$3,450
    4 Bed Rent $3,500$3,500
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    % of Rental Stock

    Studio
    8.1%
    1 Bedroom
    38.3%
    2 Bedrooms
    43.6%
    3 Bedrooms
    8.0%
    4 Bedrooms
    1.1%
    5+ Bedrooms
    1.0%

    Property Listings — Toms River, NJ

    As of May '26, Realtor.com reports that the median days on market for a home in Toms River, NJ is 38. This is a increase of 2.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$210,000-17.0%
    Listing Count
    		45028.0%
    Listings as % of Homes1.3%28.0%
    Days on Market
    		382.0%
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    Demographics — Toms River, NJ

    As of the latest ACS Survey released in 2023, Toms River, NJ has a population of 34,300, which has increased by 4.5% over the past 5 years. Toms River, NJ is a less popular place for families, as children make up 5.7% of the population. The area has a poorly educated workforce, with 23.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		34,3004.5%
    % Under 18
    		5.7%-5.0%
    % Seniors
    		58.3%-1.9%
    % WFH
    		10.6%211.8%
    % w/ College Degree
    		23.3%11.0%
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    As of the latest ACS Survey released in 2023, Toms River, NJ is a predominantly white area, with 87.4% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Toms River, NJ is hispanic, making up 5.1% of the population. Foreign-born residents account for 10.8% of the population in Toms River, NJ, and this percentage has increased by 40.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		87.4%-1.5%
    % Black
    		3.8%-5.0%
    % Hispanic
    		5.1%24.4%
    % Asian
    		2.2%15.8%
    % Foreign Born
    		10.8%40.3%
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    Mortgage and Risk — Toms River, NJ

    According to HUD data as of 2023, there were 644 mortgage originations in Toms River, NJ, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 17.0% 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. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		644
    % Conventional Loans
    		80.0%
    % Government Loans
    		20.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		14.0%
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    Rentals and Section 8 — Toms River, NJ

    As of 2024, the percent of homes in Toms River, NJ under the Section 8 program is 2.5%. 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
    		145
    Total Units Section 8
    		62
    % Rentals under Section 8
    		2.5%
    % Occupied Section 8
    		100.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$240$1,500$1,260
    2 Bedroom-$500$2,050$1,550
    3 Bedroom-$1,290$3,350$2,060
    4 Bedroom-$1,200$3,500$2,300

    Affordability — Toms River, NJ

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.8
    Median Home Price$276,000
    Median Household Income$55,000

    Toms River, NJ — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    Frequently Asked Questions