221 Chestnut Street, Toms River, NJ 08753 (MLS# 22621063)

221 Chestnut Street, Toms River, NJ 08753

New Listing

$750,000

Property Type: Multi-Family Bedrooms: 4 Baths: 2 Square Footage: 1,825 Lot Size (sq. ft.): 20,909 Status: Active

Current Price: $750,000 List Date: 7/10/2026 Last Modified: 7/10/2026

Overview

Description

Fabulous 2 family home on nearly 1/2 acre in Toms River w/ owner financing available. Property is fully rented, upgraded and beautifully maintained. Each unit features 2 bedrooms, 1 bath and nice living area with appliances, washer/dryer & central air. Separate utility meters, oversized yard with new fencing, new paved parking lot and lockable storage on site for each unit. Other upgrades include new electric service to both units including meter pans, breaker panels etc., termite warranty, exterior lighting & wireless security cameras. Unit B also was completely updated in 2025 w/ new windows, granite kitchen, stainless appliances, new floors & plumbing. Full details & financials can be provided. Interior photos are prior to tenant occupancy. Please, No visits without an appt.

Listing Details MLS# 22621063

Contract Info

List Price/SqFt: 410.96
Property Sub-Type: Duplex

Location

House Number: 221
Street Name: Chestnut
Street Suffix: Street
County: Ocean
Municipality: Toms River Twp (TOM)
Postal City: Toms River
State: NJ
Zip Code: 08753
Area/Section: Toms River
Complex/Subdivision: Toms River
Elementary School: Walnut Street
Other Elementary: St. Josephs
Middle School: TR Intr North
High School: Toms River North
Other High: Donovan Catholic
Directions: Please use GPS

General Property Info

# Units in Bldg: 2
Full Baths: 2
Total Baths: 2
# Levels: 2
Apx SqFt: 1825
Apx Year Built: 1900
# Acres: 0.48
Lot Dimensions: 105 x 198
Garage: No
Pool: No
Waterfront: No
Waterview: No
Basement: Yes
# Car Garage: 0

Tax and Legal

Asmnt - Total: 378500
Deed Restricted: No
Taxes: 7396
Tax Year: 2025

Unit 1

Master Bedroom Level: Yes
# Bedrooms: 2
Bedroom Level: Yes
# Full Baths: Yes
Kitchen Level: Yes
Living Room Level: Yes
Rent: 2200
Dishwasher: Yes
Dryer Hookup: Yes
Electric Meter: Yes
Furnace: Yes
Gas Meter: Yes
Gas Stove: Yes
Washer Hookup: Yes
Water Heater: Yes

Unit 2

Master Bedroom Level: 2
# Bedrooms: 2
Bedroom Level: 2
# Full Baths: Yes
Kitchen Level: 2
Living Room Level: 2
Rent: 2200
Dishwasher: Yes
Dryer: Yes
Electric Meter: Yes
Gas Meter: Yes
Gas Stove: Yes
Refrigerator: Yes
Washer: Yes
Water Heater: Yes

More Information

Remarks & Misc

Excluded: Tenant Property

Income & Expenses

Estimated Total Expenses: 10637
Gross Income: 55200
Net Income: 44563

Showing

Call Agent: Yes

Lot Description

Fenced Area: Yes
Level: Yes

Water/Sewer

Public Sewer: Yes
Public Water: Yes

Basement

Full: Yes

Cooling

Central Air: Yes

Water Heater

Natural Gas: Yes

Heating

2 Zoned Heat: Yes
Forced Air: Yes
Natural Gas: Yes

Exterior

Fence: Yes
Shed: Yes

Parking

Off Street: Yes
Paved: Yes
See Remarks: Yes

Assessment Status

Assessed: Yes

Siding

Vinyl: Yes

Roof

Shingle: Yes

Landlord Pays

Grounds Care: Yes
Water: Yes

Tenant Pays

Electricity: Yes
Gas: Yes
Sewer: Yes

Property Features

Unit 1: Dishwasher; Dryer Hookup; Electric Meter; Furnace; Gas Meter; Gas Stove; Washer Hookup; Water Heater Unit 2: Dishwasher; Dryer; Electric Meter; Gas Meter; Gas Stove; Refrigerator; Washer; Water Heater Basement: Full Cooling: Central Air Heating: 2 Zoned Heat; Forced Air; Natural Gas Water Heater: Natural Gas Exterior: Fence; Shed Siding: Vinyl Roof: Shingle Parking: Off Street; Paved; See Remarks Lot Description: Fenced Area; Level Assessment Status: Assessed Landlord Pays: Grounds Care; Water Tenant Pays: Electricity; Gas; Sewer Showing: Call Agent

Listing Office: 1-2-3 REALTORS

Listing Agent: Robert G Bornstein

Last Updated: July - 10 - 2026

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