Skip main navigation
For sale by owner
  • $5,800,000

    65 Riverwood Dr, Toms River, NJ 08755

    4beds
    3,710sqft
    : 
    $38,962/mo
    Get pre-qualified
    SingleFamily
    Built in 1940
    8 Acres Lot
    $-- Zestimate®
    $1,563/sqft
    $-- HOA

    What's special

    Quiet established area
    Prime 7.93-Acre Development Opportunity in Toms River Rare opportunity to acquire a 7.93-acre parcel in a desirable Rural Residential zone with subdivision potential. This expansive property offers the ability to develop multiple single-family homes (buyer to verify), making it ideal for builders, developers, or investors seeking a high-upside project. Situated in a quiet, established area, the property provides a balance of privacy and accessibility, with close proximity to major roadways, shopping, dining, and the Jersey Shore. With strong demand for new construction homes in the area, this parcel presents an exceptional opportunity to capitalize on continued residential growth. Whether you’re looking to build a private estate or develop a multi-lot subdivision, this property offers flexibility, scale, and long-term value. Highlights: • 7.93 acres of land • Rural Residential zoning • Subdivision potential (buyer to perform due diligence) • Ideal for custom homes or residential development • Strong surrounding home values BY APPOINTMENT ONLY!! PLEASE DO NOT APPROACH PROPERTY WITHOUT APPOINTMENT UNDER ANY CIRCUMSTANCE.
    What the owner loves about this home
    The true value of this property lies in its potential. With 7.93 acres and Rural Residential zoning, it presents a unique opportunity for subdivision and development in a market where large parcels are increasingly limited. Its location in Toms River, combined with strong demand for new construction homes, makes it an ideal investment for builders or developers looking to create long-term value.
    10 days
    |
    343
    |
    6
    |
    Listed by:

    Property Owner (732) 539-5250

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 1
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Heating
      • Forced air, Gas
      Cooling
      • Central
      Appliances
      • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Refrigerator, Washer
      Features
      • Flooring: Hardwood
      • Basement: Partially finished
      • Has fireplace: Yes
      Interior area
      • Total interior livable area: 3,710 sqft

      Property

      Parking
      • Total spaces: 1
      Features
      • Patio & porch: Deck
      • Exterior features: Vinyl
      • Pool features: Above Ground
      Lot
      • Size: 8 Acres
      Details
      • Parcel number: 0800171000000041

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Custom
      Materials
      • Frame
      • Foundation: Concrete
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1940

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas

      Community & HOA

      Location
      • Region: Toms River

      Financial & listing details

      • Price per square foot: $1,563/sqft
      • Tax assessed value: $726,800
      • Annual tax amount: $12,123
      • Date on market: 8/16/2026
      • Exclusions: House being sold AS IS.

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,316/mo

        Price history

        DateEventPrice
        8/16/2026Listed for sale$5,800,000-10.8%$1,563/sqft
        Source: Owner Report a problem
        7/2/2026Listing removed--
        Source: Owner Report a problem
        4/2/2026Listed for sale$6,500,000+702.5%$1,752/sqft
        Source: Owner Report a problem
        5/14/2025Listing removed$810,000$218/sqft
        Source: MoreMLS #22426242 Report a problem
        3/25/2025Price change$810,000-4.6%$218/sqft
        Source: MoreMLS #22426242 Report a problem
        2/18/2025Price change$849,000-5.6%$229/sqft
        Source: MoreMLS #22426242 Report a problem
        1/22/2025Price change$899,000-18.3%$242/sqft
        Source: MoreMLS #22426242 Report a problem
        9/10/2024Listed for sale$1,100,000+100.4%$296/sqft
        Source: MoreMLS #22426242 Report a problem
        1/12/2020Listing removed$549,000$148/sqft
        Source: Keller Williams Realty Monmouth/Ocean #21914933 Report a problem
        4/11/2019Listed for sale$549,000-4.5%$148/sqft
        Source: Keller Williams Realty Monmouth/Ocean #21914933 Report a problem
        5/1/2018Listing removed$575,000$155/sqft
        Source: Diane Turton, Realtors-Pt-Pl. #21740297 Report a problem
        2/2/2018Price change$575,000-1.7%$155/sqft
        Source: Diane Turton, Realtors-Pt-Pl. #21740297 Report a problem
        10/19/2017Listed for sale$585,000$158/sqft
        Source: Diane Turton, Realtors-Pt-Pl. #21740297 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2023$12,123 +13.1%$726,800
        2022$10,719 $726,800
        2021$10,719 +5%$726,800 +69.4%
        2020$10,208 +1%$429,100
        2019$10,105 +0.7%$429,100
        2018$10,037 +2.4%$429,100
        2017$9,801 +3.7%$429,100
        2016$9,449 +5.2%$429,100
        2015$8,981 +3%$429,100
        2014$8,724 +8.5%$429,100
        2013$8,044 +5.9%$429,100 -15.2%
        2012$7,598 +5.9%$506,200
        2011$7,173 +10.8%$506,200
        2010$6,474 +247.2%$506,200
        2009$1,865 +5%$506,200 +265.2%
        2008$1,776 +1.4%$138,600
        2007$1,753 +11.8%$138,600
        2006$1,567 $138,600
        2004-- $138,600
        2003-- $138,600
        2002-- $138,600
        2001-- $138,600
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 08755

        Getting around

        28 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Citta
        • Middle: TR Intr North
        • High: Toms River North

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

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes