Renovated Two-Unit Waterfront
10 Minturn Road Toms River, NJ 08753
For Sale
$899,000
MULTI_FAMILY - Toms River, NJ
Property Size3,392 SF
Lot Size0.17 Acres
Price / SF$265.04
Days on Market56
Property Features for 10 Minturn Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Rooms
Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 6, Bathroom 4, Bathroom 2, Bedroom 5, Basement, Bedroom 2, Bathroom 3
Patio and Porch features
Patio
Interior features
Attic, Balcony
Basement
Dirt Floor
Standard status
Active
APN
08-00794-09-00019
Size
3,392 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12930
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water front
1
Building Details
Year built
1959
Floors in Building
2
Number of units
2
Flooring type
Wood
Roof type
Shingle
Listing Agency:
Vox Realty
(908) 851-2121
Listed By:
Cintia D'Urso
(908) 851-2121
Added: Jun 4
Changed: Jul 17
Last Checked: Jul 29 at 6:06PM
MLS# 22616772
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This renovated two-family duplex includes two separate residential units, with each unit offering three bedrooms and two full bathrooms. The property is presented as move-in ready with modern finishes throughout, supporting straightforward owner-occupant use or rental operation.
Located at 10 Minturn Road in Toms River, New Jersey (Ocean County), the home is positioned in a waterfront setting. The lot size is 0.17 acres, and the property size is 3,392 square feet.
The layout can accommodate a variety of residential strategies, including multi-generational living with two self-contained units, or an owner-occupant model where one unit can help offset housing expenses through rental income. Buyers and operators looking for a renovated duplex in a waterfront context may find the two-unit configuration especially practical for flexible occupancy and ongoing income potential, depending on how they choose to live and lease.
Located at 10 Minturn Road in Toms River, New Jersey (Ocean County), the home is positioned in a waterfront setting. The lot size is 0.17 acres, and the property size is 3,392 square feet.
The layout can accommodate a variety of residential strategies, including multi-generational living with two self-contained units, or an owner-occupant model where one unit can help offset housing expenses through rental income. Buyers and operators looking for a renovated duplex in a waterfront context may find the two-unit configuration especially practical for flexible occupancy and ongoing income potential, depending on how they choose to live and lease.
Key Highlights
- 2‑family property built in 1959 with a total of 6 bedrooms and 4 bathrooms
- Each unit offers 3 bedrooms and 2 full baths
- Central air cooling plus forced‑air heating
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $86.7k | $25.56 |
| − Vacancy | −$5.6k | −$1.65 |
| EGI | $81.1k | $23.91 |
| − OpEx | −$24.3k | −$7.17 |
| NOI | $56.8k | $16.74 |
3,392 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$811.0K
$709.6K – $946.2K
NOI $56,769 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$745.2K
$652.0K – $869.4K
NOI $52,162 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$885.7K
$775.0K – $1.03M
NOI $62,000 @ 7.0% cap · market cap 6.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Move-in ready two-family duplex with two 3-bedroom, 2-bath units in a waterfront setting.
Where is this duplex located?
The property is located at 10 Minturn Road Toms River, NJ.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 2‑family property built in 1959 with a total of 6 bedrooms and 4 bathrooms; Each unit offers 3 bedrooms and 2 full baths; Central air cooling plus forced‑air heating
