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    64 Monroe Ave Toms River, NJ 08755

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    For Sale
    $475,000

    Land with subdivision potential, public water and sewer access.

    Property size:
    1,352 SF

    Property Features for 64 Monroe Ave

    General Information

    Standard status
    Active
    Size
    1,352 SF
    Source: Corcoran

    Listing Agent: Fraidy Kaluszyner

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land for Development Opportunity

    This property, just shy of 2 acres, is zoned R-150 and offers potential for subdivision. Public water and sewer services are available. The property is being sold in as-is condition, and buyers are advised to conduct their own due diligence. The value is primarily in the land, making it an attractive opportunity for investors and developers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dave’s Tree Service Tree Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Toms River
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.2178002
    Latitude
    39.99961

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    FAQs

    What type of property is this?
    Land - Land with subdivision potential, public water and sewer access.
    Where is this land located?
    The property is located at 64 Monroe Ave Toms River, NJ.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Land value focus, appealing to investors and developers.; - Subdivision potential.; - Large lot size: just shy of 2 acres.
    (347) 743-7707
    Request Owner's contact information
    64 Monroe Ave Toms River, NJ 08755
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    Toms River, NJ 08755
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    64 Monroe Ave Toms River, NJ 08755
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