1305 King George Layne
Toms River, NJResidential
Minimal flood risk
Minimal flood hazard.
Source: FEMA National Flood Hazard Layer. Verify with your insurer.
About This Home
3.125% assumable loan available (for qualified buyers), a rare chance to combine comfort, convenience, and incredible savings! This move-in ready 2 bdrm, 2.5 bath townhome in Penny Layne offers a bright two-story living room with soaring windows and a cozy gas fireplace. The dining space flows into the eat-in kitchen with sliders to the fenced yard and patio, ideal for everyday living and entertaining. Upstairs, the primary suite features vaulted ceilings, a walk-in closet, and a full bath with dual sinks, jetted tub, and separate shower. A second bedroom, full bath, and laundry complete the level. Additional highlights include a powder room, attached garage, and updated flooring. Residents enjoy community amenities plus easy access to shopping, dining, the Jersey Shore, and major highway
Tax & Assessment
- Total Assessed Value
- $272,700
- Land Value
- $150,000
- Improvement Value
- $122,700
- Annual Property Tax
- $4,966
- Property Class
- Residential
Neighborhood
Source: U.S. Census Bureau, American Community Survey (5-year), for this home's census tract.
Nearby Schools
- Hooper Avenue Elementary SchoolElementary · Toms River0.6 mi
- Toms River Intermediate School EastMiddle School · Toms River0.9 mi
- Toms River High School NorthHigh School · Toms River1.1 mi
- Ocean County Vocational Technical School Toms River CenterToms River1.1 mi
- Cedar Grove Elementary SchoolElementary · Toms River1.3 mi
Nearest public schools by distance. Source: NCES (U.S. Dept. of Education). Confirm attendance zones with the school district.
Homes for Sale in the Community
Recent Sales in Penny Layne
- 703 Carnaby Lane 741, Toms River, Nj 08753Sold Apr 2026 · 2 bd · 2 ba · 1,389 sq ft$435,000
- 1305 King George Lane, Toms River, Nj 08753Sold Oct 2025 · 2 bd · 2 ba · 1,389 sq ft$425,000
- 802 Carnaby Lane 845, Toms River, Nj 08753Sold Sep 2025 · 2 bd · 2 ba · 1,389 sq ft$433,500
- 1506 King George Lane 1598, Toms River, Nj 08753Sold Aug 2025 · 3 bd · 2 ba · 1,706 sq ft$450,000
Recent closed sales in this home's community, per the MLS. Shown for context only, not a valuation.
Interior
- Bedrooms
- 2
- Bathrooms
- 3
- Stories
- 2
- Basement
- Yes
Exterior & Parking
- Parking
- Garage · 1 space
Construction & Zoning
- Year Built
- 1992
- Architectural Style
- Town House
- Building Description
- 2F1G 1389
- Land Use
- Condominium Unit (Residential)
- Zoning
- MF6
- Property Class
- Residential
- Block / Lot
- Block 414, Lot 7 (C1382)
- County
- Ocean
Community & HOA
- Community
- Penny Layne
Sale History
- Last Recorded Sale
- $310,000
- Sale Date
- October 15, 2021
- Deed Reference
- Book 18740, Page 00857
Is this your home?
1336 homes sold in Toms River this past year, in about 42 days at 99% of asking.
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Property details are sourced from New Jersey public tax and property records (NJ MOD-IV / NJGIN and public parcel data). Recent sale information courtesy of NJ Realty Pros via the MLS. Information is deemed reliable but not guaranteed and should be independently verified.