Toms River, NJ—08759
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 $280,000, with a year-over-year change of 0.6%. This indicates that home prices in Toms River, NJ are flat. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $280,000 | 0.6% |
| Single Family | $297,000 | 0.7% |
| Condos | $209,000 | -0.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $89,000 | -7.3% |
2 Bed | $269,000 | 0.0% |
3 Bed | $537,000 | 3.3% |
4 Bed | $607,000 | 3.1% |
| 5 Bed | $701,000 | 3.4% |
% of Housing Stock
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.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,050 | $2,180 |
| Studio Rent | N/A | N/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 |
% 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 51. This is a increase of 48.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $240,000 | 1.0% |
Listing Count | 475 | 41.0% |
| Listings as % of Homes | 1.3% | 41.0% |
Days on Market | 51 | 48.0% |
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.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 34,300 | 4.5% |
% Under 18 | 5.7% | -5.0% |
% Seniors | 58.3% | -1.9% |
% WFH | 10.6% | 211.8% |
% w/ College Degree | 23.3% | 11.0% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
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 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 Size | HUD Premium | Market Rent | Max 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
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $280,000 |
| Median Household Income | $55,000 |