54 Third Avenue, Toms River, NJ 08757

New Listing
$559,999
Property Type: Residential Bedrooms: 7 Baths: 2 Square Footage: 1,890 Lot Size (sq. ft.): 10,019 Status: Active
Current Price: $559,999 List Date: 7/11/2026 Last Modified: 7/11/2026

Overview

Description

WOW! Truly A Rare Find! Cash Cow Alert! Unique Opportunity With Strong Rental Income Potential! Legal Multi-Family Property With TWO Separate Dwellings (Totaling 7 Bedrooms And 2 Full Bathrooms) Situated Over 4 Lots (100x100 equaling 10,000 sq ft!) One Tax Bill! Centrally Located in Desirable Toms River/Berkeley Township Area! Live In One, Rent Out The Other, Rent Both, Or Perfect For The Extended Family/Multi-Generation Living! Conveniently Located Close To Shopping & Dining, Jersey Shore Beaches, Parks & Recreation, Medical Facilities and Major Highways! The Possibilities Here Are Truly Endless! Do Not Miss Out On Adding This Appreciating Asset To Your Portfolio! Buyer To Do Their Due Diligence Regarding Future Redevelopment or Expansion Possibilities. Call For Your Private Showing Today

Listing Details MLS# 22614091

Contract Info

List Price/SqFt
296.3
Property Sub-Type
Single Family Residence
Sub-Type
Duplex

Location

House Number
54
Street Name
Third
Street Suffix
Avenue
County
Ocean
Municipality
Berkeley (BER)
Postal City
Toms River
State
NJ
Zip Code
08757
Area/Section
Berkeley Twnshp
Complex/Subdivision
Berkeley Twp
Elementary School
Clara B. Worth
Middle School
Central Reg Middle
High School
Central Regional
Other High
Donovan Catholic
Directions
Exit 80 GSP, to Double Trouble Rd to Third Ave

General Property Info

Full Baths
2
Total Baths
2
Basement
No
Apx SqFt
1890
# Levels
2
# Units/Bldgs
2
Apx Year Built
1931
Garage
No
Acreage
0.23
Lot Dimensions
100 x 100
HOA
No
Pool
No
Waterfront
No
Waterview
No
Rooms
15
# Car Garage
0

Tax and Legal

Asmnt - Total
215200
Deed Restricted
No
Taxes
5574
Tax Year
2025

Ownership Type

Fee Simple
Yes

Style

Custom
Yes
Other
Yes
2 Story
Yes

More Information

Showing

Showing Time
Yes

Lot Description

Corner Lot
Yes
Fenced Area
Yes
Oversized
Yes

Included

Dryer
Yes
Gas Cooking
Yes
Microwave
Yes
Refrigerator
Yes
Stove
Yes
Washer
Yes

Water/Sewer

Public Sewer
Yes
Well
Yes

Floors

Vinyl
Yes
Wood
Yes

Basement

Slab
Yes

Cooling

Multi Units
Yes

Water Heater

Natural Gas
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Exterior

Fence
Yes
Shed
Yes
Thermal Window
Yes

Parking

Driveway
Yes
Oversized
Yes

Assessment Status

Assessed
Yes

Siding

Brick
Yes
Vinyl
Yes

Roof

Timberline
Yes

Property Features

Ownership Type: Fee Simple Style: Custom; Other; 2 Story Basement: Slab Floors: Vinyl; Wood Cooling: Multi Units Heating: Forced Air; Natural Gas Water Heater: Natural Gas Exterior: Fence; Shed; Thermal Window Siding: Brick; Vinyl Roof: Timberline Parking: Driveway; Oversized Included: Dryer; Gas Cooking; Microwave; Refrigerator; Stove; Washer Lot Description: Corner Lot; Fenced Area; Oversized Assessment Status: Assessed Showing: Showing Time
IDX
Listing Office: RE/MAX Revolution
Listing Agent: Carla Colucci
Source MLS Verified
Last Updated: July - 11 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.