Penny Layne

Penny Layne is a townhome community in Toms River, NJ, made up of 136 units built by K. Hovnanian between 1988 and 1992. Homes for sale in Penny Layne offer 2 and 3 bedrooms with approximately 1,400 to 1,700 square feet of living space, and every unit includes a one-car attached garage. Homes from the first phase (1988) include basements, while later units do not. The community is in the Toms River School District, with Hooper Avenue Elementary and Toms River Intermediate East serving this area.

Residents have access to an outdoor pool and playground. The community is pet friendly and allows annual rentals, which gives buyers flexibility that many similar townhome developments do not. Penny Layne Toms River NJ sits close to the Ocean County Mall and a range of shopping and dining along Hooper Avenue. Route 37 and the Garden State Parkway are both a short drive away, making this a practical location for commuters heading north toward the Shore Parkway corridor or west toward the Turnpike.

Toms River real estate in this price range typically means older condos with no garages or larger single-family homes. Homes in Penny Layne fall in between: townhome-style attached units with private garages, HOA-maintained common areas, and a pool, at a price point that holds up well in Ocean County's market.