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512 Terrace Avenue

Toms River, NJResidential

Recently Sold · Sep 2025$385,000
2
Beds
1
Baths
1951
Year Built
0.3495 ac
Lot Size

About This Home

Welcome to this beautifully updated 3-bedroom, 1-bath ranch-style home nestled on an oversized lot, offering comfort, convenience, and style. Step inside to find a warm and inviting layout featuring an updated kitchen with modern wood accents above the cabinets, stylish backsplash, and direct access to the side entrance—perfect for everyday living and entertaining. The full basement expands your living space with a partially finished rec room/playroom and a separate laundry area, providing plenty of room for relaxation and functionality. Outside, enjoy the oversized expansive yard and a rare double, extra-long driveway—ideal for multiple vehicles, guests, or even a boat or camper. Located just minutes from prime downtown eateries and summer festivities including the Farmers Market !

Tax & Assessment

Total Assessed Value
$218,600
Land Value
$95,000
Improvement Value
$123,600
Annual Property Tax
$3,981
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
    0.8 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
2
Bathrooms
1
Stories
1
Basement
Yes

Exterior & Parking

Lot Size
0.3495 acres

Construction & Zoning

Year Built
1951
Architectural Style
Ranch Rambler
Building Description
1F 0864
Land Use
Single Family Residential
Zoning
R50
Property Class
Residential
Block / Lot
Block 1094.01, Lot 6
County
Ocean

Sale History

Last Recorded Sale
$120,000
Sale Date
August 1, 2001
Deed Reference
Book 10530, Page 01023

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 RE/MAX at Barnegat Bay via the MLS. Information is deemed reliable but not guaranteed and should be independently verified.