Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

South Toms River

Learn about the people, housing, costs and businesses in South Toms River, New Jersey

Median Home$299,700
Median Rent$2,063/month
Population3,716
Leading IndustryEducation2% of local workforce
Home Value Growth⬆⬆⬆+26.1% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners78% of occupied units
NotableHigh Incomes$104k/year · top 15% nationally
South Toms River
NJ

Explore South Toms River

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in South Toms River?

As of today, the 30-year fixed mortgage rate for South Toms River is approximately 6.928% (6.965% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for South Toms River
What is the median home price in South Toms River?

The median home value in South Toms River is $300k. The median monthly rent is $2,063. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Toms River?

Home values in South Toms River have increased 26.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in South Toms River?

Based on a typical all-in ownership cost of $1,683/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $72k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Toms River is $104k/year.

Calculate your buying power
What industries drive the economy in South Toms River?

The largest employment sectors in South Toms River are public administration (22%) and wholesale trade (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.