73
Map
2 River Drive
About This Property
Inside, timeless craftsmanship is showcased throughout with hardwood flooring, custom millwork, and a spacious open-concept design. The heart of the home is the beautifully designed custom kitchen, featuring granite countertops, a large center island, abundant cabinetry, and separate full-size refrigerator and freezer. The adjoining living and dining areas are centered around a striking double-sided gas fireplace, creating a warm and inviting atmosphere ideal for entertaining or quiet evenings at home.
The primary suite is a true highlight, offering breathtaking river views from nearly every window. Step outside onto your private balcony and enjoy your morning coffee as the boats drift by, spend an afternoon soaking up the sun, or unwind with evening cocktails while watching spectacular sunsets over the water.
Designed to embrace the coastal lifestyle, the expansive Trex deck provides the perfect setting for outdoor dining, relaxing, and entertaining while enjoying the refreshing river breeze. Thoughtful updates include brand-new dual-zone air conditioning systems, a new air handler, an ADT security system, and a tri-fuel generator positioned on an elevated platform for added peace of mind.
Offering an exceptional location, quality construction, and a lifestyle that few homes can match, this is a rare opportunity to own one of the area's premier waterfront properties. Move right in and experience the very best of coastal living where every day feels like a vacation.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2026 | Sold | ||
| Sold | |||
| Aug 17, 2026 | In contract | - | |
| In contract | |||
| Aug 3, 2026 | Listed by Real Broker, LLC- Toms River | $1,170,000 | |
| Listed by Real Broker, LLC- Toms River | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017