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2002 Edwards Layne

Toms River, NJResidential

Penny Layne

For Sale$475,000

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Beds

Baths

1,922 sf

Sq Ft

1992

Year Built

About This Home

CHARMING CHARMING CHARMING PENNY LAYNE - This Townhouse in the charming and sought after PENNY LAYNE Complex is located in the heart of Toms River - close to the Malls and the downtown Village of Toms River as well as many fine restaurants that are close by. Short drive to the Beaches of the beautiful Jersey Shore. Lovely maintained Complex with large swimming pool for your Summer time enjoyment but none of the work. Master Bedroom has HIS and HERS WALK IN CLOSETS. Master Bathroom with JACUZZI TUB and SHOWER. Family Room has very dramatic 2 story ceiling. 2 other large Bedrooms with double closets in each. Brand new playground for the children. Close by GOLF COURSE - THIS IS A MOVE RIGHT IN CONDO - ALL FRESHLY PAINTED THRUOUT.

Listing Details

MLS# 22622622

Community Information

Subdivision: Penny Layne
City: Toms River
County: Ocean
Area: Toms River Twp (TOM)
Zip Code: 08753
Elementary School: Hooper Avenue
Middle School: TR Intr East
High School: Toms River East

Architecture

Stories: 2
Levels: 2 Story
Roof: Shingle

Features & Amenities

Total Rooms: 13
Flooring: Tile, Wood, Vinyl, Laminate, Linoleum, Ceramic Tile, Engineered Hardwood
Interior Features: Recessed Lighting, Attic - Pull Down Stairs
Basement: No
Heating: Forced Air, Natural Gas
Cooling: Central Air
Exterior Features: Storm Window, Thermal Window, Underground Sprinkler System
Patio & Porch: Patio, Porch - Covered
Fencing: Fence
Pool Features: Common, Fenced, In Ground
Garage Spaces: 1
Parking Features: Asphalt, Driveway, On Street, Off Street, Direct Access

Property Features

Lot Size: 0.03
Lot Sq Ft: 1306.8
Lot Features: Fenced Area, Dead End Street
Zoning: Planned Residential, Residential, Condo
Water Source: Public Water
Sewer: Public Sewer
Directions: Hooper Avenue to Oak Ave jug handle - when on Oak (Bob's Furniture and Starbucks corner) go straight and turn left into Penny Layne then make left onto Edwards Layne - condo to your right Bay Ave right onto Oak right into Penny Layne left onto Edwards Layne

Pricing & HOA

List Price: $475,000
Price / Sq Ft: $247
HOA Fee (Monthly): $470
HOA Includes: Pool, Trash, Mgmt Fees, Common Area, Snow Removal, Exterior Maint, Lawn Maintenance
HOA Amenities: Pool, Swimming, Management, Playground, Association, Landscaping, Common Access
Pets Allowed: Cats OK, Dogs OK
Sale Includes: Washer, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Screens, Garbage Disposal, Garage Door Opener, Gas Cooking
Exclusions: Nothing

Mortgage Calculator

Home Price

Down Payment($95,000)

Interest Rate

Loan Term

Estimated Monthly Payment

$3,221/mo

Principal & Interest$2,528

Property Tax (est.)$495

Homeowner's Insurance (est.)$198

Loan Amount$380,000

Estimates only. Actual payments vary based on your lender, credit score, and local tax rates. Contact us to connect with a trusted local lender.

Tax & Assessment

Total Assessed Value: $285,100
Land Value: $150,000
Improvement Value: $135,100
Annual Property Tax: $5,192
Property Class: Residential

Neighborhood

$386,300

Median home value

$110,375

Median household income

96%

Owner-occupied

Source: U.S. Census Bureau, American Community Survey (5-year), for this home's census tract.

Nearby Schools

Hooper Avenue Elementary School
Elementary · Toms River
0.7 mi
Toms River Intermediate School East
Middle School · Toms River
0.9 mi
Toms River High School North
High School · Toms River
1.1 mi
Ocean County Vocational Technical School Toms River Center
Toms River
1.1 mi
Cedar Grove Elementary School
Elementary · Toms River
1.2 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

Pending

$425,000

804 Carnaby Lane 847, Toms River, Nj 08753

2 bd · 2 ba · 1,389 sq ft

Pending

$339,000

405 Aberdeen Lane 425, Toms River, Nj 08753

2 bd · 2 ba · 1,507 sq ft

Recent Sales in Penny Layne

703 Carnaby Lane 741, Toms River, Nj 08753
Sold Apr 2026 · 2 bd · 2 ba · 1,389 sq ft
$435,000
1305 King George Lane, Toms River, Nj 08753
Sold Oct 2025 · 2 bd · 2 ba · 1,389 sq ft
$425,000
802 Carnaby Lane 845, Toms River, Nj 08753
Sold Sep 2025 · 2 bd · 2 ba · 1,389 sq ft
$433,500
1506 King George Lane 1598, Toms River, Nj 08753
Sold 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: 3
Bathrooms: 3
Living Area: 1,922 sq ft
Stories: 2
Basement: Yes

Exterior & Parking

Garage: 1-car
Parking: Garage · 1 space

Construction & Zoning

Year Built: 1992
Architectural Style: Town House
Building Description: 2F1G 1706
Land Use: Condominium Unit (Residential)
Zoning: MF6
Property Class: Residential
Block / Lot: Block 414, Lot 7 (C2026)
County: Ocean

Community & HOA

Community: Penny Layne

Sale History

Last Recorded Sale: $126,104
Sale Date: February 12, 1993
Deed Reference: Book 05046, Page 00020

Property details are sourced from New Jersey public tax and property records (NJ MOD-IV / NJGIN and public parcel data). Listing information courtesy of Diane Turton, Realtors-Brick via the MLS. Information is deemed reliable but not guaranteed and should be independently verified.