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Sold for $2,500,000
  • $2,500,000

    35 Magnolia Lane, Toms River, NJ 08753

    5beds
    7,232sqft
    Single Family Residence
    Built in 1947
    0.98 Acres Lot
    $2,502,000 Zestimate®
    $346/sqft
    $5,448 Estimated rent

    Home value

    $2,502,000

    $2.28M - $2.75M

    $5,448/mo

    Zestimate® history
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    What's special

    Waterfront estateBalcony accessDetached one-car garageBeamed ceilingsPaver drivewaySpacious dockDouble closets
    First Time on the Market: Grand Waterfront Estate on Two Riverfront Lots An exceptional opportunity to own a magnificent waterfront estate—available for the first time on the market—situated on two expansive lots along the scenic Toms River. Designed for effortless entertaining and luxurious everyday living, this custom home features 5 bedrooms, 5 full bathrooms, and 3 half baths, including two conveniently located just outside the kitchen for seamless outdoor hosting without guests needing to enter the main home. Enter through etched glass doors into a soaring foyer adorned with a grand staircase and sparkling crystal chandelier. The formal dining room is anchored by a circular bar, perfect for entertaining. A stunning great room showcases a fireplace, beamed ceilings, and a dramatic wall of windows with panoramic river views, flowing seamlessly into the breakfast room and gourmet chef's kitchen. Outfitted with cherry cabinetry, commercial-grade appliances, an oversized island with gas cooking, granite counters, and built-insincluding an icemaker and pantrythis kitchen is as functional as it is impressive. A formal living room, also overlooking the water, completes the main level, which features rich hardwood flooring throughout. Additional highlights include a chair lift to the garage level with laundry and workshop space; and an elevator providing easy access to the second floor. Upstairs, the luxurious primary suite boasts breathtaking river views, double closets plus a separate dressing room with cold storage, and a spacious ensuite bath. Three additional bedrooms each offer private baths and balcony access. A fourth bedroom is currently used as an office, and a bonus room with beamed ceilings serves as a versatile hobby space, home office, or studio. Outside, enjoy multiple tiers of decks and balconies, two gazebos by the water, and a spacious dock and bulkheadingperfect for boaters and water activity enthusiasts. Adding a touch of charm and conversation-worthy character is the iconic red British telephone booth nestled on the propertyan unexpected and delightful focal point that brings whimsy to the waterfront setting. A spiral staircase, imported from the Eiffel Tower, adds a rare architectural touch, connecting the exterior to the upper level. The grounds are beautifully landscaped with vibrant perennial gardens and enhanced by a paver driveway, an attached two-car garage, a detached one-car garage with electric, and a spacious garden/storage shed. Additional features include: " 5-zone heating, 3-zone central air " Two hot water heaters " Gas heat and well-fed irrigation system A rare and elegant offeringthis riverfront estate is truly one-of-a-kind.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Kotzas 732-586-5303,

    Crossroads Realty, Inc.

    Bought with:

    Nicholas Pagano, 0559552

    EXIT Realty Jersey Shore

    Source: MoreMLS,MLS#: 22521277MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 8
    • Full bathrooms: 5
    • 1/2 bathrooms: 3
    Rooms
    • Room types: Bonus Room
    Bedroom
    • Description: Bedroom #2
    • Area: 251.71
    • Dimensions: 19.2 x 13.11
    Bedroom
    • Description: Bedroom #3
    • Area: 220.25
    • Dimensions: 16.8 x 13.11
    Bedroom
    • Description: Bedroom #4 with Sitting Room
    • Area: 384.3
    • Dimensions: 12.6 x 30.5
    Bathroom
    • Description: Guest Powder roof off Foyer
    • Area: 61.2
    • Dimensions: 9 x 6.8
    Bathroom
    • Description: Bath near Bedroom #2
    • Area: 624.8
    • Dimensions: 7.1 x 88
    Bathroom
    • Description: Bath for Bedroom #3
    • Area: 38.76
    • Dimensions: 5.1 x 7.6
    Bathroom
    • Description: Bath for Bedrooms 4 & 5
    • Area: 58.88
    • Dimensions: 5.3 x 11.11
    Other
    • Description: Primary Bedroom overlooking River
    • Area: 606
    • Dimensions: 30 x 20.2
    Other
    • Description: Primary Bathroom #1
    • Area: 163.82
    • Dimensions: 8.11 x 20.2
    Other
    • Description: Primary Bathroom #2
    • Area: 56.77
    • Dimensions: 5.11 x 11.11
    Bonus room
    • Description: aka Boat Room
    • Area: 487.62
    • Dimensions: 23.11 x 21.1
    Breakfast
    • Area: 1003.2
    • Dimensions: 88 x 11.4
    Dining room
    • Description: Grand Dining room with Bar
    • Area: 382.8
    • Dimensions: 11.6 x 33
    Family room
    • Description: Full River views & fieplace
    • Area: 454.61
    • Dimensions: 16.9 x 26.9
    Foyer
    • Description: 2 Story grand entrance
    • Area: 193.98
    • Dimensions: 18.3 x 10.6
    Kitchen
    • Description: Eat-in
    • Area: 739.11
    • Dimensions: 34.7 x 21.3
    Living room
    • Area: 640.9
    • Dimensions: 29 x 22.1
    Office
    • Description: Bedroom #5 - currently office
    • Area: 241.11
    • Dimensions: 14.1 x 17.1
    Other
    • Description: Primary Bedroom Closet Room
    • Area: 194.65
    • Dimensions: 8.5 x 22.9
    Pantry
    • Area: 82.21
    • Dimensions: 7.4 x 11.11
    Heating
    • Natural Gas, Baseboard, 5 Zone
    Cooling
    • 3+ Zoned AC
    Features
    • Balcony, Ceilings - 9Ft+ 1st Flr, Center Hall, Clerestories, Dec Molding, Elevator, Spiral Stairs, Wall Mirror, Wet Bar, Recessed Lighting
    • Flooring: Ceramic Tile, Marble, Wood
    • Windows: Palladium Window, Lead Glass Window
    • Basement: Workshop/ Workbench
    • Attic: Attic
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 7,232
    • Total interior livable area: 7,232 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Circular Driveway, Paver Block, Carport, Driveway, Off Street, Workshop in Garage
    • Attached garage spaces: 3
    • Has carport: Yes
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Exterior features: Balcony, Dock, Storage, Water/Elect @ Dock, Lighting
    • Has view: Yes
    • View description: River
    • Has water view: Yes
    • Water view: River
    • Waterfront features: Bulkhead, Riparian Grants, Riparian Rights, River Front
    Lot
    • Size: 0.98 Acres
    • Features: Near Golf Course, Oversized, See Remarks, Dead End Street, Irregular Lot
    Details
    • Parcel number: 08006692100023
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Custom
    • Property subtype: Single Family Residence
    Materials
    • Clapboard
    Condition
    • New construction: No
    • Year built: 1947

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Well

    Community & HOA

    Community
    • Security: Security System
    • Subdivision: Toms River
    HOA
    • Has HOA: No
    Location
    • Region: Toms River

    Financial & listing details

    • Price per square foot: $346/sqft
    • Tax assessed value: $1,957,700
    • Annual tax amount: $35,650
    • Date on market: 7/17/2025
    • Inclusions: Outdoor Lighting, Washer, Wall Oven, Window Treatments, Ceiling Fan(s), Dishwasher, Dryer, Double Oven, Light Fixtures, Microwave, Security System, Stove, Refrigerator, Screens, Freezer, Gas Cooking
    • Exclusions: Lawn sculptures, London Phone Booth, All personal items

    Price history

    DateEventPrice
    10/14/2026Sold$2,500,000-12.3%$346/sqft
    Source: MoreMLS #22521277 Report a problem
    8/15/2026Pending sale$2,850,000$394/sqft
    Source: MoreMLS #22521277 Report a problem
    6/22/2026Price change$2,850,000-12.3%$394/sqft
    Source: MoreMLS #22521277 Report a problem
    4/20/2026Listed for sale$3,250,000-7.8%$449/sqft
    Source: MoreMLS #22521277 Report a problem
    7/17/2025Listed for sale$3,525,000$487/sqft
    Source: MoreMLS #22521277 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$32,674 -31.8%$1,957,700
    2022$47,901 $1,957,700
    2021$47,901 +5%$1,957,700 +2.4%
    2020$45,625 +1.4%$1,912,200
    2019$45,013 +0.9%$1,912,200
    2018$44,631 +2.7%$1,912,200
    2017$43,464 +3.9%$1,912,200
    2016$41,820 +5%$1,912,200
    2015$39,812 +2.2%$1,912,200
    2014$38,940 +17.3%$1,912,200 -0.7%
    2013$33,201 -3.2%$1,925,800 -8.3%
    2012$34,316 +5.9%$2,100,000 -8.7%
    2011$32,407 -17.6%$2,300,000 -8%
    2010$39,344 +190.1%$2,500,000 -19.2%
    2009$13,560 +5%$3,095,500 +207.5%
    2008$12,914 +1.1%$1,006,700
    2007$12,772 +12.5%$1,006,700 +1%
    2006$11,354 $996,800
    2004-- $996,800
    2003-- $996,800
    2002-- $996,800
    2001-- $996,800
    Find assessor info on the county website

    Neighborhood: 08753

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Washington St
    • Middle: TR Intr South
    • High: Toms River South

    Source: MoreMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $2,502,000

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $2,502,000