Real Estate Investing in Toms River, New Jersey (08759)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 08759 (Toms River, NJ)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 10.7% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Toms River, NJ (08759)?
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Market Analysis: 08759 Toms River
ZIP 08759 inside Ocean County looks affordable on the surface — median value of $277K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 08759 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 08759 among NJ's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 08759 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Toms River:
Property Strategy for 08759
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $89,236 | $1,450 | 11.7% | +2.8% | $89,236 |
| 2BR | $269,054 | $1,790 | 4.8% | +9.0% | $134,527 |
| 3BR | $536,909 | $2,340 | 3.1% | +10.3% | $178,970 |
| 4BR | $607,385 | $2,590 | 3.1% | +11.8% | $151,846 |
| 5BR | $701,198 | — | — | +11.3% | $140,240 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 08759 Compare?
| Metric | 08759 | Toms River | New Jersey |
|---|---|---|---|
| Home Value | $276,757 | $426,473 | $559,826 |
| 5-Year CAGR | 4.3% | 6.2% | 8.4% |
| Avg Rent | $2,610 | $2,902 | - |
| Cap Rate | 7.4% | 5.7% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 08759 (Toms River, NJ). Anonymous, moderated, never written by AI.
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Property managers serving Ocean County
Manage rentals here? List your business →Horizon Real Estate and Property Management, Inc. provides homeowner association management services to Manchester, NJ area communities, including condo management. summary from their website
Renaissance Professional Property Management serves Long Beach Island, NJ. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $276,757 |
| Monthly Rent | $2,610 |
| Price-to-Rent | 8.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 11.3% |
| Cap Rate | 7.4% |
| 5-Year IRR | 11.6% |
📈 Home Appreciation
| 1-Year | -2.0% ▼ |
| 3-Year CAGR | +1.5% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.4%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 08759
Population: 34,290
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 08759
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,857 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Do rentals sit vacant long in Toms River, NJ?
Rental vacancy in Toms River, NJ is elevated. Investors should budget normal turnover but not chronic empty units.
Is Toms River, NJ better for rentals, flips, or BRRRR?
Toms River, NJ investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($277K prices, $2,610/mo rents) make it a reasonable choice.
Is housing expensive in Toms River, NJ?
Toms River, NJ median home values land near $277K. That is reasonable territory for investors looking at $2,610/mo-per-month rentals.
Are renters plentiful in Toms River, NJ?
Working renters make up the core of the Toms River, NJ tenant base. The pool is reasonable for investors targeting long-term holds.
Is real estate in Toms River, NJ a good investment right now?
Toms River, NJ scores 3.0/5 for investability. Home values sit at $277K and rents near $2,610/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 08759 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 08759 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 08759 ranks in New York-Newark-Jersey City, NY-NJ-PA
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