Home/Toms River Property Records/East Cormorant Way/31 East Cormorant Way

1 / 22

31 East Cormorant Way

Toms River, NJResidential

Recently Sold · Nov 2025$575,000

Ocean Beach

1953

Year Built

0.0367 ac

Lot Size

Flood ZoneZone X

Moderate flood risk

Moderate risk — within the 0.2% annual-chance (500-year) floodplain.

Source: FEMA National Flood Hazard Layer. Verify with your insurer.

About This Home

This ocean-block cottage has everything you need to enjoy a great summer! Completely furnished and only 7 houses to a private beach, with all the amenities: central air for hot summer days, washer and dryer and ceramic tile floors for easy sand cleanup. Built to the maximum size allowed in the community with high ceilings that give a comfortable airiness to the living areas. Bonus: the home comes with several summer rentals in place so income will go to the buyer if closed prior to summer (potential income of +$30k for full season) . This is a leased-land sale, and the rentals make the lease a tax write-off! Home is in the X zone so flood insurance is optional if financing the purchase.

Tax & Assessment

Total Assessed Value: $425,700
Land Value: $292,000
Improvement Value: $133,700
Annual Property Tax: $7,752
Property Class: Residential

Neighborhood

$696,400

Median home value

$53,276

Median household income

85%

Owner-occupied

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

Nearby Schools

Lavallette Elementary School
Elementary · Lavallette
1.6 mi
Hugh J. Boyd Jr. Elementary School
Elementary · Seaside Hts
3.2 mi
Silver Bay Elementary School
Elementary · Toms River
4.2 mi
Toms River High School East
High School · Toms River
4.5 mi
East Dover Elementary School
Elementary · Toms River
4.9 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

For Sale

$579,000

21 E Penguin Way, Lavallette, Nj 08735

2 bd · 1 ba · 480 sq ft

For Sale

$1,200,000

3325 Teal Lane, Lavallette, Nj 08735

3 bd · 1 ba · 936 sq ft

For Sale

$1,750,000

299 Monterey Circle, Lavallette, Nj 08735

4 bd · 3 ba · 1,812 sq ft

For Sale

$539,000

105 W Surf Way, Lavallette, Nj 08735

2 bd · 1 ba · 480 sq ft

Recent Sales in Ocean Beach

132 Ocean Bay Boulevard, Lavallette, Nj 08735
Sold Jun 2026 · 4 bd · 3 ba · 2,169 sq ft
$1,676,000
105 W Dune Way, Lavallette, Nj 08735
Sold Jun 2026 · 2 bd · 1 ba · 560 sq ft
$765,000
351 W Bayview Drive, Lavallette, Nj 08735
Sold Jun 2026 · 3 bd · 2 ba · 1,055 sq ft
$1,600,000
107 W Beach Way, Lavallette, Nj 08735
Sold Jun 2026 · 3 bd · 2 ba · 1,060 sq ft
$860,000

Recent closed sales in this home's community, per the MLS. Shown for context only, not a valuation.

Exterior & Parking

Lot Size: 0.0367 acres

Construction & Zoning

Year Built: 1953
Building Description: 1F 0560
Property Class: Residential
Block / Lot: Block 1110.10, Lot 9
County: Ocean

Community & HOA

Community: Ocean Beach

Sale History

Last Recorded Sale: $469,000
Sale Date: April 12, 2023
Deed Reference: Book 19410, Page 01423

Is this your home?

53 homes sold in Ocean Beach this past year, in about 50 days at 98% of asking.

No algorithm, not even Zillow's, can see your home's condition, upgrades, or the street-by-street reality of this market. Jason will personally review the data and send your true value within 24 hours. Free, no obligation, and owners use it to track their equity long before they ever sell.

We respect your privacy and never share your info.

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 Ocean Beach Sales via the MLS. Information is deemed reliable but not guaranteed and should be independently verified.