54 Third Avenue
Toms River, NJ 08757
7
Bed
2
Bath
1,890Sqft
0.23Acre(Lot)
WOW! Truly A Rare Find! Cash Cow Alert! Unique Opportunity With Strong Rental Income Potential! Legal Multi-Family Property With TWO Separate Dwellings (Totaling 7 Bedrooms And 2 Full Bathrooms) Situated Over 4 Lots (100x100 equaling 10,000 sq ft!) One Tax Bill! Centrally Located in Desirable Toms River/Berkeley Township Area! Live In One, Rent Out The Other, Rent Both, Or Perfect For The Extended Family/Multi-Generation Living! Conveniently Located Close To Shopping & Dining, Jersey Shore Beaches, Parks & Recreation, Medical Facilities and Major Highways! The Possibilities Here Are Truly Endless! Do Not Miss Out On Adding This Appreciating Asset To Your Portfolio! Buyer To Do Their Due Diligence Regarding Future Redevelopment or Expansion Possibilities. Call For Your Private Showing Today
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 7Bathroom Information
Total Baths: 2 Full Baths: 2 -
Flooring Information
Vinyl, Wood -
Interior Features
Appliances: Dryer, Microwave, Refrigerator, Cooktop, Washer, Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Multi Units
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Building Information
Year Built: 1931 Building Area Total: 1890 Construction Materials: Brick Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 100 x 100 Main Square Feet: 0.23 Acres Lot Size Acres: 0.23 Lot Size Square Feet: 10018.8 Lot Description: Corner LotProperty Information
Subdivision: Berkeley Twp Source Property Type: Residential MLS Area Minor: Berkeley (BER) Property SubType: Single Family Residence Property Age: 95
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Listing Price Information
Listing Price: $559999 FHA, Conventional, Cash, VA Loan
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Tax Information
Parcel Number: 06-00071-0000-00446 Tax Lot: 446 Tax Block: 71 Tax Year: 2025 Annual Tax: $5574
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Parking Information
Driveway
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School Information
Elementary School: Clara B. WorthJunior High School: Central Reg MiddleSenior High School: Central Regional -
Location Information
Direction: Exit 80 GSP, to Double Trouble Rd to Third Ave WaterSource: Well
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Holiday City Avenue, Toms River, NJ, 08757 | $420,000 | 2 | 2 | 1,364 | 1,364 SqFt |
| 27 3rd Avenue, Toms River, NJ, 08757 | $650,000 | 4 | 3 | 3,000 | 3,000 SqFt |
| 27 3rd Avenue, Toms River, NJ, 08757 | $650,000 | 4 | 3 | 3,000 | 3,000 SqFt |
| 5 Tilton Avenue, Toms River, NJ, 08757 | $439,000 | 3 | 1 | 1,196 | 1,196 SqFt |
| 9 Annapolis Road, Toms River, NJ, 08757 | $440,000 | 3 | 1 | -- | |
| 130 2nd Avenue, Toms River, NJ, 08757 | $549,000 | 3 | 3 | 1,750 | 1,750 SqFt |
| 149 Second Avenue, Toms River, NJ, 08757 | $310,073 | 3 | 2 | 1,750 | 1,750 SqFt |
| 112 Dittmar Drive, Toms River, NJ, 08757 | $425,000 | 3 | 2 | -- | |
| 2 Virgin Islands Drive, Toms River, NJ, 08757 | $350,000 | 2 | 2 | 1,328 | 1,328 SqFt |
| 19 Longdenville Street, Toms River, NJ, 08757 | $525,000 | 2 | 2 | 1,580 | 1,580 SqFt |
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The data relating to real estate for sale on this website 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 brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
ByOwner last updated this listing 07/12/2026 @ 00:13
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