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For sale
    • Price cut: $400K (6/22)
    $2,850,000

    35 Magnolia Lane, Toms River, NJ 08753

    5beds
    7,232sqft
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    Single Family Residence
    Built in 1947
    0.98 Acres Lot
    $-- Zestimate®
    $394/sqft
    $-- HOA

    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.
    368 days
    |
    1,987
    |
    82
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Kotzas 732-586-5303,

    Crossroads Realty, Inc.

    Source: MoreMLS,MLS#: 22521277MLS Logo

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      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
      Video & virtual tour

      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: $394/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

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,575/mo

        Price history

        DateEventPrice
        6/22/2026Price change$2,850,000-12.3%$394/sqft
        Source: MoreMLS #22521277 Report a problem
        4/20/2026Price change$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

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 08753

        Getting around

        26 / 100
        Car-Dependent
        42 / 100
        Somewhat Bikeable

        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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