Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
3 Beds
4 Baths
2,860 sqft

$549,999

1957 Teakwood Road, Toms River NJ, 08753

Price per sqft$192.31
Built in2004
Property size2,860 sqft
Property typeResidential

Overview

Active

Listed Aug 14, 2026

Updated 3 min ago

**INVESTOR SPECIAL! SUBDIVISION POTENTIAL IN EAST DOVER, TOMS RIVER!** Rare opportunity to own a unique property in the desirable East Dover section of Toms River with exciting investment potential! This distinctive property offers a spacious home, an impressive outdoor setting, and a rear portion of the property that presents a subdivision opportunity. **An important highlight: Most of the home was built in 2004 as a new addition, not simply a redo or renovation of the original structure.** The home offers a spacious, open layout with plenty of room for everyday living and entertaining. Upon arrival, you'll notice the eye-catching front yard, beautiful water fountain, and welcoming front porch. Inside, the versatile layout offers ample space for multiple dining areas and a comfortable - living room. The first-floor features two bedrooms and three full bathrooms, along with an additional room that is currently sealed off and could potentially be re-finished at closing, adding approximately 160 square feet of additional space. This area could be ideal for a home office, small bedroom, or bonus room. Upstairs, you'll find another bedroom and full bathroom, providing additional flexibility for family or guests. The backyard adds even more character, featuring a built-in bar perfect for entertaining, a spacious rear porch, and a garden where you can enjoy fresh basil, tomatoes, and more. The real opportunity lies in the land. The rear portion of the property is described as subdividable, creating an exciting opportunity for investors, builders, or buyers looking to explore the property's development potential. Buyers should independently verify the subdivision details, zoning, requirements, and any necessary approvals with the appropriate township authorities. Whether you're an investor searching for your next opportunity, a builder exploring future possibilities, or a buyer looking for a distinctive property with room to grow, this East Dover offering deserves a closer look. Don't miss this unique opportunity to invest in a property with character, space, and potential. Schedule your private showing today!

$3,659/mo

Est. mortgage payment based on a $549,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22625228

Interior Features

Bedrooms
3
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.28 Acres

Other Property Details

Taxes
$8,097
Tax Frequency
Annually

Courtesy of Keller Williams Realty Monmouth/Ocean with Refoel Yehuda Leib Neiman,
Listing Contact: 732-942-5280 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor LoBiondo Hignite Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 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. All listings displayed pursuant to IDX shall show the MLS as the source of the information.

©2026 Monmouth Ocean Regional REALTORS. All rights reserved.

Data last updated 2:09 AM UTC, 10/13/2026

Powered by Luxury Presence