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1427 Summit Ave, Toms River, NJ, 08753

$669,000

Home List Price

$7,944*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
2,961 SqFt
$226/SqFt
House

Location

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1427 Summit Ave, Toms River$669,000

Buyer Closing Credits

$7,944*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, On Street
Attached Garage1 space
Year Built2004
HeatingNatural Gas, Solar
CoolingCentral Air, Zoned
BasementYes
ViewRiver, Trees/Woods
MLS #22428264
Lot Size0.14 Acres
StatusActive

About 1427 Summit Ave

Perched high on a bluff, this custom-built 4-bedroom, 3.5-bathroom home in the sought after Money Island community offers a perfect blend of luxury, privacy, and functionality. The culinary dream kitchen is complete with granite countertops, large center island and like-new stainless steel appliances. The spacious living room features a stone gas fireplace and sliding doors leading to a screened sunroom and a spacious elevated deck. This versatile home includes a finished walk-out basement with a separate entrance, paver patio and a private, wooded backyard. The basement level boasts a large family room, a second full kitchen, bathroom, living room and bedroom, ideal for separate living quarters. On the third level, you'll find three spacious bedrooms, including the primary suite with private toilet stall, a resort style bathroom featuring a 6-head shower, and a walk-in closet. Don't miss the walk-up attic with windows overlooking the Toms River, an ideal space for storage or future expansion. Additional highlights include an attached garage and a short walk to both the Toms River Yacht Club and the beautiful private beach, a perfect retreat for boating enthusiasts and families. Don't miss the opportunity to own this classic Money Island home,schedule your tour today!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 2004
  • Stories: 3
  • Living Area: 2,961 SqFt

Listing Office:

  • Office Name: EXP Realty
  • Listing Agent: Richard Melton

Interior Features

Interior Information:

  • Appliances: Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator, Gas Range
  • Basement: Yes
  • Flooring Type: Ceramic Tile
  • Interior: Attic - Walk Up, Built-Ins, Ceilings - 9Ft+ 2nd Flr, In-Law Suite, Sliding Door

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: River, Trees/Woods
  • Exterior: Fence, Porch - Screened, Shed, Porch - Covered, Solar Panels

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Driveway, On Street

Lot Features

Lot Information:

  • Lot: Views, Trees
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Solar
  • Cooling: Central Air, Zoned

Price Information

Listing Price Info

Price Summary:

  • List Price: $669,000
  • Price Per SqFt: $226/SqFt

Tax Information:

  • Annual Amount: $7,297
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Toms River, NJ.

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Toms River, NJ

City

Med. Sold Price

$392.2K

Med. Price/SqFt

$261

Avg. Days On Market

34

# of Sold Homes

163

1427 Summit Ave vs Toms River

47 DAYS ON ROCKET

+13 Days

$669,000

+$276.7K More

$226/SqFt

-$35 Less

KEY TAKEAWAY

This property is $276.7K more than the Median Sold Price and $35/SqFt less than other homes in Toms River, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • MLS Number: #22428264

Listing Office:

  • Office Name: EXP Realty
  • Listing Agent: Richard Melton

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 11:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 23, 2011Home Sold
$320,000
Dec 22, 2010Home Sold
$234,000
Apr 08, 2004Home Sold
$245,000
Aug 14, 2003Home Sold
$100,000
Aug 14, 2003Home Sold
$20,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,297$292,600
2019$6,887$292,600
2018$6,829$292,600
2017$6,829$292,600

History based on county public records data.

Payment Calculator

$3,406

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,072

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-357516
7
/10

  • Island Heights Elementary School

  • 115 Summit Ave

  • 0.71 miles

  • Public District Grades KG-6

school-card-donut-357517
5
/10

  • Washington Street Elementary School

  • 500 West Earl Court

  • 0.79 miles

  • Public District Grades KG-5

school-card-donut-357518
3
/10

  • Pine Beach Elementary School

  • 101 Pennsylvania Ave

  • 1.29 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,074. The most common annual income of people living in Toms River, NJ is between $35k-100k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Living In Toms River, NJ

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Toms River, NJ?

Toms River presents a diverse housing market with a blend of residential options to suit various preferences. Single-family homes are prevalent, offering a mix of contemporary and colonial styles that reflect the area's rich historical roots and modern growth. While the majority of the housing stock consists of these detached homes, there is also a selection of condominiums and townhouses that cater to those seeking a more communal living experience. The housing landscape is characterized by a mix of older homes with unique charm and newer constructions that provide modern amenities.

Is Toms River, NJ a good place to live?

Toms River is celebrated for its family-friendly atmosphere and strong sense of community. The town prides itself on its coastal location, offering residents and visitors alike access to beautiful beaches and waterfront activities. The area is also known for its involvement in annual events such as the Toms River Fest, which showcases local talent and fosters community spirit. The downtown area exudes a quaint charm with a variety of shops and eateries that contribute to the town's inviting character.

Are things conveniently located in Toms River, NJ?

The community is served by a robust educational system, including a number of public schools that cater to students from kindergarten through high school, as well as private educational options. Healthcare is accessible through several clinics and a regional hospital that provides comprehensive medical services. The public library system is active, hosting events and programs that engage residents of all ages. Retail and dining establishments reflect the local culture, offering a mix of national chains and unique local businesses that serve the needs and tastes of the community.

What does the transportation in Toms River, NJ look like?

Transportation in Toms River features a combination of private and public options. The town is served by a network of bus routes that facilitate local and regional travel. While the area is car-dependent, there are certain neighborhoods that offer more walkable environments, particularly around the downtown area. The town's road system connects residents to major highways, making it convenient for commuting and travel to nearby cities. Ride-sharing services are available, providing an alternative mode of transportation for residents and visitors.

Frequently Asked Questions About 1427 Summit Ave

What is the listing price of this property?

The listing price of 1427 Summit Ave property is $669,000.

What type of property is this?

The property 1427 Summit Ave is a house located in Toms River, New Jersey, 08753.

Is this property for sale now?

Active Listing: 1427 Summit Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,297 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 23, 2011 for $320,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1427 Summit Ave has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 1427 Summit Ave is 2,961 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1427 Summit Ave is 2004.

Rocket Homes›New Jersey›Ocean County›Toms River›08753›1427 Summit Ave

This home is located at 1427 Summit Ave in Toms River, NJ and zip code 08753. This 2,961 square foot home, which was built in 2004, sits on a 0.14 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 28, 2024 and is currently priced at $669,000.

In October 2024, from all listings sold in Toms River, NJ there were more than 67 sold above asking price, over 63 sold below and more than 33 were sold right at the asked price. The inventory of homes for sale in Toms River, NJ between September 2024 and October 2024 decreased by 6.3%. In October 2024 median list price was $392,261 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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