7 Dock Street
About This Property
Step into a piece of Toms River history - where timeless charm meets modern comfort, just steps from downtown. This classic 1930s Colonial offers 4 spacious bedrooms, 1 full bath, and 2 half baths, blending original character with thoughtful updates. Inside, you'll find original hardwood floors, arched doorways, and a redone kitchen with granite countertops and authentic mid-century modern cabinetry - perfect for those who appreciate style with substance.
The walk-out lower level includes a versatile family room that can easily double as a 5th bedroom, guest space, or in-law suite. Add in first-floor laundry, a welcoming front porch, and a private fenced backyard oasis, and you've found a rare gem in a vibrant, walkable neighborhood.
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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 |
|---|---|---|---|
| Dec 16, 2025 | Sold | ||
| Sold | |||
| Nov 25, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Price Decreased |
$449,999
↓ $35K
(7.2%) | |
| Price Decreased | |||
| Oct 14, 2025 | Listed by Weichert Realtors-Forked River | $485,000 | |
| Listed by Weichert Realtors-Forked River | |||
| Oct 1, 2025 | Price Decreased |
$499,999
↓ $25K
(4.8%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
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About Toms River
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017