Discover the potential of this prime piece of land located at 788 Francis Drive, right off Fischer Blvd in Toms River. Boasting a generous size of 0.17 acres, this vacant land offers a myriad of possibilities with its versatile zoning. Currently zoned for highway business use, it presents an excellent opportunity for commercial ventures. However, for those dreaming of a residential haven, the potential to rezone for residential purposes exists. Imagine building your dream home in this desirable location, just a stone's throw away from the iconic Jersey Shore and its lively boardwalk. The proximity to major roads ensures easy accessibility, making it a convenient choice for both residential and business endeavors. Embrace the charm of coastal living while enjoying seamless access to shopping centers and essential amenities. Don't miss out on the chance to shape this blank canvas into your vision. Whether you're envisioning a business venture or a dream residence, 788 Francis Drive provides a strategic and desirable location to bring your ideas to life. The property is sold strictly as-is, and any inspections or certifications are the buyer's responsibility. Don't miss out on this incredible opportunity.
Property Details
Property Features
Listing Office:
Office Name: COLDWELL BANKER EXCEL REALTY
Office Phone: (856) 696-1111
Lot Features
Lot Information:
Lot Size: 0.17 Acres
Other
Directions Information:
Directions: PIQ on L.
Price Information
Listing Price Info
Price Summary:
List Price: $150,000
Tax Information:
Annual Amount: $2,227
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Toms River, NJ.
The information on this web site 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/21/2024, 9:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$2,227
$89,300
2019
$2,102
$89,300
2018
$2,084
$89,300
2017
$2,084
$89,300
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$816
Per Month
Principal & Interest
$749
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$516
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
East Dover Elementary School
725 Vaughn Ave
Distance between this listing and this school1.00 miles
Public District Grades PK-5
7
/10
Island Heights Elementary School
115 Summit Ave
Distance between this listing and this school1.87 miles
Public District Grades KG-6
4
/10
Cedar Grove Elementary School
179 Cedar Grove Rd
Distance between this listing and this school2.08 miles
Public District Grades PK-5
Nearby Schools
4
/10
Toms River Intermediate School East
1519 Hooper Ave
Distance between this listing and this school2.77 miles
Public District Grades 6-8
6
/10
Lavallette Elementary School
105 Brooklyn Ave
Distance between this listing and this school3.18 miles
Public District Grades KG-8
4
/10
Toms River Intermediate School North
150 Intermediate North Way
Distance between this listing and this school4.14 miles
Public District Grades 6-8
Nearby Schools
4
/10
Toms River High School East
1225 Raider Way
Distance between this listing and this school0.66 miles
Public District Grades 9-12
7
/10
Performing Arts Academy of the Ocean County Vocational Tech
1 College Dr Bldg 12
Distance between this listing and this school3.46 miles
Public District Grades 9-12
2
/10
Toms River High School South
55 Hyers St
Distance between this listing and this school3.49 miles
The neighbors living near this home have an average income of $88,075. Typical income of Toms River, NJ residents is between $100k-200k annually. Most families are married, no kids. Residents of this area typically have post secondary degree 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 are the common housing types 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.
What are the advantages of living in Toms River, NJ?
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 essential services in Toms River, NJ convenient?
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.
How do Toms River, NJ residents get around?
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 788 Francis Dr
What is the listing price of this property?
The listing price of 788 Francis Dr property is $150,000.
What type of property is this?
The property 788 Francis Dr is land located in Toms River, New Jersey, 08753.
Is this property for sale now?
Active Listing: 788 Francis Dr 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 $2,227 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 788 Francis Dr in Toms River, NJ and zip code 08753. This home sits on a 0.17 acre lot. It has been listed on Rocket Homes since January 20, 2024 and is currently priced at $150,000.
In November 2024 more than 75 listings in Toms River, NJ were sold above the asking price. During the same period more than 35 listings were sold at asking price, while more than 66 were sold below. Between October 2024 and November 2024, Toms River, NJ real estate market has seen decrease in the number of listings by 9.2%. In November 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $399,457.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved. 
Hiking/backpacking
Hiking/backpacking
PGA/LPGA
Symphony or Opera
Nordstrom Rack
Chico's
Stein Mart
Chipotle
Bonefish Grill
Boston Market
Mazda
Cadillac
Lincoln
Rock
Classical
Talk/Personality