There are currently 50,606 real estate properties in TOMS RIVER, NJ, with a median automated valuation model (AVM) price of $298,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in TOMS RIVER, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in TOMS RIVER, NJ, is $345,129.00, with the most expensive house in TOMS RIVER, NJ, topping out at $4,677,800.00 and the cheapest home in TOMS RIVER, NJ, clocking in at $72,800.00. In other words, there’s something for every potential homebuyer or savvy investor in TOMS RIVER, NJ!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in TOMS RIVER, NJ, is on a rollercoaster ride. The average rent price in TOMS RIVER, NJ, is $1,972.00. Indeed, when looking to rent in TOMS RIVER, NJ, you can expect to pay as little as $1,020.00 or as much as $5,600.00, with the average rent median estimated to be $1,870.00. The good news is that finding an affordable and desirable property to rent in TOMS RIVER, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
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