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280 Silver Bay Rd, Toms River, NJ, 08753

5beds
3baths
2,554sqft
$1,400,000
$548price/sqft
$9,605/moest. monthly cost
$384,200/yrincome needed

About This Home

1.47-ACRE MARINA REDEVELOPMENT OPPORTUNITY Attention developers, builders, and land investors—opportunities of this size in the Silver Bay marina neighborhood are exceptionally rare. The property is improved with a recently renovated residence while offering significant redevelopment potential. Professional engineering and survey work have already been completed, and two separate conceptual development plans prepared by independent engineering firms were presented to the Township during preliminary discussions. One concept illustrates an eight-lot subdivision, while the second presents an alternative layout preserving the existing residence. These materials are available to qualified prospective purchasers. Significant site preparation has already been completed, including extensive clearing, perimeter privacy fencing, required replacement tree installation, and an extended driveway providing access toward the rear of the property. Property Highlights * Approximately 1.47 acres (64,230± SF) * Existing renovated residence * Established marina neighborhood * Professional survey completed * Two engineered conceptual development plans * Preliminary Township meetings completed * Engineering, survey, and supporting due diligence materials available to qualified purchasers Shown by appointment only.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

7/10
7/10

Construction

Condition

  • Year built: 1965

Materials

  • Roof: Asphalt
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Freezer,Microwave,Range / Oven,Refrigerator,Washer

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Ceiling Fan(s),Recessed Lighting,Great Room,Master Bedroom,Living Room,Kitchen,Foyer,Laundry,Bonus Room,Butler Pantry,Dec Molding,Bedroom
  • Window features: Screens
  • Flooring: Tile,Hardwood
  • Attic: Pull Down Stairs

Heating & Cooling

  • Heating features: Forced air,Gas
  • Cooling features: Central

Interior Area

  • Total interior livable area: 2,554 sqft

Property

Details

  • Parcel number: 08003960100026
  • Zoning description: Residential
  • Exclusions: personal items

Features

  • Patio & porch: Deck,Patio,Porch - Open
  • Exterior features: Other,Vinyl
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Topography of land: Level

Lot

  • Lot size: 1.40 Acres
  • Features: Level,Back to Woods

Parking

  • Total spaces: 5
  • Parking features: Garage - Attached,Off-street,On-street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Inland Flooding
Strong Wind
Winter Weather
Lightning
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,079$84,948
Home Insurance *$589$7,068
Property Taxes $1,656$19,872
Electricity $281$3,378
Total$9,605$115,260
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$329,314/yr
40% on housing$288,150/yr
45% on housing$256,133/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.2%
7.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$548This listing

vs Other Active Listings

Avg $/sqft

ZIP 08753$320
Ocean County$353

vs Homes Sold Last Month

Median $/sqft

ZIP 08753$312
Ocean County$302

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-17Listed for sale$1,400,000
2020-04-24Sold$390,000
2020-04-06Pending sale$395,000
2020-02-26Listed for sale$395,000
2020-01-15Sold$256,000
2019-11-20Price change$360,000
2019-10-21Price change$379,000
2019-04-12Price change$389,000
2019-02-14Price change$399,000
2019-01-17Price change$405,000
2018-12-03Listed for sale$419,900

For Sale by Owner

AgentProperty Owner

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