Welcome to this beautifully updated 3-bedroom, 1-bath ranch-style home nestled on an oversized lot, offering comfort, convenience, and style. Step inside to find a warm and inviting layout featuring an updated kitchen with modern wood accents above the cabinets, stylish backsplash, and direct access to the side entrance—perfect for everyday living and entertaining. The full basement expands your living space with a partially finished rec room/playroom and a separate laundry area, providing plenty of room for relaxation and functionality. Outside, enjoy the oversized expansive yard and a rare double, extra-long driveway—ideal for multiple vehicles, guests, or even a boat or camper. Located just minutes from prime downtown eateries and summer festivities including the Farmers Market !
Sold for $385,000
$385,000
512 Terrace Ave, Toms River, NJ 08753
3beds
864sqft
Single Family Residence
Built in 1951
0.35 Acres Lot
$393,300 Zestimate®
$446/sqft
$2,902 Estimated rent
Home value
$393,300
$354,000 - $440,000
$2,902/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Sharon Asay 732-267-8485,
RE/MAX at Barnegat Bay - Toms River
Bought with:
NON MEMBER, 0225194075
Non Subscribing Office
Source: Bright MLS,MLS#: NJOC2035184
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Baseboard, Oil
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Microwave, Refrigerator, Washer, Cooktop, Electric Water Heater
Features
- Flooring: Vinyl, Wood
- Basement: Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 864
- Total interior livable area: 864 sqft
- Finished area above ground: 864
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Uncovered spaces: 2
Accessibility
- Accessibility features: Other
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 0.35 Acres
- Dimensions: 75.00 x 203.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0801094 0100006
- Zoning: R50
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch/Rambler
- Property subtype: Single Family Residence
Materials
- Shingle Siding
- Foundation: Other
- Roof: Shingle
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Toms River Twp
HOA
- Has HOA: No
Location
- Region: Toms River
- Municipality: TOMS RIVER TWP
Financial & listing details
- Price per square foot: $446/sqft
- Tax assessed value: $218,600
- Annual tax amount: $3,980
- Date on market: 7/2/2025
- Listing agreement: Exclusive Right To Sell
- Inclusions: Dryer; Light Fixtures; Microwave; Refrigerator; Stove; Washer; Window Treatments
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 12/18/2025 | Listing removed | $2,900$3/sqft |
Source: MoreMLS #22526958 Report a problem | ||
| 10/28/2025 | Price change | $2,900-1.7%$3/sqft |
Source: MoreMLS #22526958 Report a problem | ||
| 9/13/2025 | Price change | $2,950-6.3%$3/sqft |
Source: MoreMLS #22526958 Report a problem | ||
| 9/5/2025 | Listed for rent | $3,150$4/sqft |
Source: MoreMLS #22526958 Report a problem | ||
| 9/2/2025 | Sold | $385,000$446/sqft |
Source:  Bright MLS #NJOC2035184 Report a problem | ||
| 7/15/2025 | Pending sale | $385,000$446/sqft |
Source:  MoreMLS #22519572 Report a problem | ||
| 7/2/2025 | Listed for sale | $385,000+220.8%$446/sqft |
Source: MoreMLS #22519572 Report a problem | ||
| 9/10/2001 | Sold | $120,000$139/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $3,648 -9.7% | $218,600 |
| 2022 | $4,041 | $218,600 |
| 2021 | $4,041 +5% | $218,600 +35.5% |
| 2020 | $3,849 +1.4% | $161,300 |
| 2019 | $3,797 +0.9% | $161,300 |
| 2018 | $3,765 +2.7% | $161,300 |
| 2017 | $3,666 +3.9% | $161,300 |
| 2016 | $3,528 +5% | $161,300 |
| 2015 | $3,358 +3% | $161,300 |
| 2014 | $3,261 -10.8% | $161,300 |
| 2013 | $3,655 +6% | $161,300 -30.2% |
| 2012 | $3,450 +5.9% | $231,200 |
| 2011 | $3,258 +10.9% | $231,200 |
| 2010 | $2,939 +156.7% | $231,200 |
| 2009 | $1,145 +5% | $231,200 +172% |
| 2008 | $1,090 +1.1% | $85,000 |
| 2007 | $1,078 -15.2% | $85,000 |
| 2006 | $1,271 | $85,000 |
| 2004 | -- | $85,000 |
| 2003 | -- | $85,000 |
| 2002 | -- | $85,000 |
| 2001 | -- | $85,000 |
Find assessor info on the county website
Neighborhood: 08753
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Nearby schools
GreatSchools rating
- 6/10Washington Street Elementary SchoolGrades: K-5Distance: 0.6 mi
- 4/10Toms River Intermediate SouthGrades: 6-8Distance: 3.4 mi
- 3/10Toms River High - South High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Middle: Toms River South
- High: Toms River High - South H.s.
- District: Toms River Regional
Source: Bright MLS. 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
$393,300
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
$393,300
- New Jersey
- Ocean County
- Toms River
- 08753
- 512 Terrace Ave
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