Duplex with Three-Season
For Sale
$199,000
48 Berkshire Court, Toms River, NJ 08753
Residential, Duplex, Toms River, NJ
Property Size1,072 SF
Lot Size0.11 Acres
Price / SF$185.63
Days on Market13
Property Features for 48 Berkshire Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Residential
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Bedroom 1
Basement
Crawl Space
Subdivision
Hc Silverton
Directions
GPS
Standard status
Active
APN
08-00192-02-00050
Size
1,072 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2700
HOA Fee
$60 Quarterly
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1965
Floors in Building
1
Flooring type
Wood, Tile - Ceramic
Building materials
Aluminum Siding
Roof type
Shingle
Architectural style
Other
Listing Agency:
The CRESI Group LLC
Listed By:
Justin Calderon
(732) 333-3404
Added: Sep 24
Changed: Oct 5
Last Checked: Oct 6 at 3:06PM
MLS# 22630109
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 1,072-square-foot duplex, built in 1965, sits on a 0.11-acre lot in Holiday City Silverton. Interior features include a private front room and a three-season room, with ceramic tile and wood flooring. The home has a newer shingle roof and aluminum siding, along with natural gas heat and central air conditioning. Public water and sewer serve the property. It is being sold as-is.
The property is in Toms River, near shopping, dining, medical facilities, major roadways, and everyday amenities. A private backyard and storage shed provide additional outdoor and storage space.
The property is in Toms River, near shopping, dining, medical facilities, major roadways, and everyday amenities. A private backyard and storage shed provide additional outdoor and storage space.
Key Highlights
- 1,072 square feet on a 0.11‑acre lot
- Private front room and three‑season room
- Newer shingle roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,941
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,820
$358.8K
Cap Rate 7%
$256,300
$256.3K
Cap Rate 9%
$199,344
$199.3K
Market Conditions
NOI Build-Up for 1,072 SF
Gross rent
$27.4K $25.56/SF
− Vacancy
−$1.8K −$1.65/SF
EGI
$25.6K $23.91/SF
− OpEx
−$7.7K −$7.17/SF
NOI
$17.9K $16.74/SF
Area
Ocean County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,820
Cap Rate 7%
$256,300
Cap Rate 9%
$199,344
Alternative Uses
Best Use
Multifamily LT 5
$256.3K
$224.3K – $299.0K
NOI $17,941 @ 7.0% cap · market cap 9.02%
Second Best
Apartment 5plus
$235.5K
$206.1K – $274.8K
NOI $16,485 @ 7.0% cap · market cap 8.28%
Theoretical Best
Office A
$279.9K
$244.9K – $326.6K
NOI $19,594 @ 7.0% cap · market cap 9.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
594
Businesses Nearby
Explore this area
Business Placement
Demographics for 08753, NJ
64,369
Population
27,900
Households
2.3
Avg Household Size
42
Median Age
36%
College-Educated
94%
High-School Grad
23.0 sq mi
ZIP Area
2,799
Density / Sq Mi
$101,648
Median Household Income
$54,291
Median Earnings
$1,742
Median Rent
$377,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - The property includes a private backyard, a storage shed, and additional enclosed living space.
Where is this duplex located?
The property is located at 48 Berkshire Court Toms River, NJ.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 1,072 square feet on a 0.11‑acre lot; Private front room and three‑season room; Newer shingle roof
