About This Home

This 7-bedroom, 2-bathroom multi-family at 54 Third Avenue in Toms River, NJ is listed for $559,999 ($296 per sqft). Built in 1931, the home offers 1,890 sqft of living space on a 0.23 acres lot.

Key Features

  • Built in 1931
  • 0.23 acre lot
  • 2 stories

Property Details

2 stories
2 full
1931

Amenities

A/C
Listing Description

WOW! Truly A Rare Find! Cash Cow Alert! Unique Opportunity With Strong Rental Income Potential! Legal Multi-Family Property With TWO Separate Dwellings (Totaling 7 Bedrooms And 2 Full Bathrooms) Situated Over 4 Lots (100x100 equaling 10,000 sq ft!) One Tax Bill!

Centrally Located in Desirable Toms River/Berkeley Township Area! Live In One, Rent Out The Other, Rent Both, Or Perfect For The Extended Family/Multi-Generation Living! Conveniently Located Close To Shopping & Dining, Jersey Shore Beaches, Parks & Recreation, Medical Facilities and Major Highways!

The Possibilities Here Are Truly Endless! Do Not Miss Out On Adding This Appreciating Asset To Your Portfolio! Buyer To Do Their Due Diligence Regarding Future Redevelopment or Expansion Possibilities. Call For Your Private Showing Today

Monthly Cost Estimate

$2,995/mo

20% down · 6.5% · 30 years

Principal$405
Interest$2,427
Insurance$163

Estimates only. Actual payments may vary.

Location

54 Third Avenue

Toms River, NJ 08757

Berkeley Twp

Features & Amenities

Exterior Features

Thermal Window

Property Details

Flooring

VinylWood

Construction

Brick

Parking

Driveway

Heating

Natural GasForced Air

Cooling

Multi Units

Questions & Answers

This 7-bedroom, 2-bathroom multi-family at 54 Third Avenue is listed at $559,999 ($296/sqft). The estimated monthly payment is $2,995 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1931, 0.23 acre lot, 2 stories. Exterior Features: Thermal Window.

This property is listed by Carla Colucci.

CC

Carla Colucci

Agent at RE/MAX Revolution

Listed by RE/MAX Revolution · Broker phone: (732) 410-7100 · View on Broker Site

MLS# 22614091· Source: More MLS· 171 days on PropertySimple

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

54 Third Avenue, Toms River, NJ 08757

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