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507 Terrace Avenue

Toms River, NJResidential

Recently Sold · Dec 2025$410,000
4
Beds
1
Baths
1952
Year Built
0.303 ac
Lot Size
Flood ZoneZone X

Minimal flood risk

Minimal flood hazard.

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

About This Home

Welcome to this charming ranch in sought-after Toms River. Nestled on an oversized 80x165 lot, this home offers 2 spacious bedrooms, an updated full bath, and a large den used as a 3rd bedroom. The bright living room features a bay window, custom built-ins, and a brick fireplace. The finished basement adds a large rec room and bonus room—perfect for a guest room, office, or playroom. Highlights include hardwood floors, central air, forced hot air, tankless water heater, and energy-saving solar panels. Enjoy the expansive deck and fenced backyard—ideal for entertaining, gardening, or relaxing in your private retreat.

Tax & Assessment

Total Assessed Value
$248,000
Land Value
$90,000
Improvement Value
$158,000
Annual Property Tax
$4,516
Property Class
Residential

Neighborhood

$350,400
Median home value
$113,980
Median household income
59%
Owner-occupied

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

Nearby Schools

  • Washington Street Elementary School
    Elementary · Toms River
    0.6 mi
  • Toms River High School South
    High School · Toms River
    0.8 mi
  • Cedar Grove Elementary School
    Elementary · Toms River
    0.9 mi
  • Walnut Street Elementary School
    Elementary · Toms River
    1.1 mi
  • Ocean Regional School
    Toms River
    1.5 mi

Nearest public schools by distance. Source: NCES (U.S. Dept. of Education). Confirm attendance zones with the school district.

Recent Sales in Hickory Manor

  • 110 Dewey Street, Toms River, Nj 08753
    Sold Jun 2026 · 2 bd · 2 ba · 1,608 sq ft
    $372,500
  • 600 Clifton Avenue 1-6, Toms River, Nj 08753
    Sold May 2026 · 1 bd · 1 ba · 650 sq ft
    $242,500
  • 303 Terrace Avenue, Toms River, Nj 08753
    Sold Jan 2026 · 3 bd · 2 ba · 1,216 sq ft
    $540,000
  • 508 Lafayette Avenue, Toms River, Nj 08753
    Sold Dec 2025 · 4 bd · 2 ba · 1,258 sq ft
    $385,000

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

Interior

Bedrooms
4
Bathrooms
1
Stories
1
Basement
Yes

Exterior & Parking

Lot Size
0.303 acres

Construction & Zoning

Year Built
1952
Architectural Style
Ranch Rambler
Building Description
1F 1078
Land Use
Single Family Residential
Zoning
R50
Property Class
Residential
Block / Lot
Block 1094.02, Lot 5
County
Ocean

Sale History

Last Recorded Sale
$285,000
Sale Date
August 24, 2007
Deed Reference
Book 13767, Page 01233

Is this your home?

8 homes sold in Hickory Manor this past year, in about 26 days at 100% 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 Keller Williams City Life via the MLS. Information is deemed reliable but not guaranteed and should be independently verified.