Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,510
Per Month
Principal & Interest
$1,443
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$933
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
7
/10
Central Regional Middle School
509 Forest Hills Pkwy
Distance between this listing and this school5.33 miles
Public District Grades 7-8
High School
3
/10
Central Regional High School
509 Forest Hills Pkwy
Distance between this listing and this school5.33 miles
Public District Grades 9-12
Nearby Schools
5
/10
West Dover Elementary School
50 Blue Jay Dr
Distance between this listing and this school0.81 miles
Public District Grades KG-5
5
/10
South Toms River Elementary School
419 Dover Rd
Distance between this listing and this school1.99 miles
Public District Grades KG-5
3
/10
Walnut Street Elementary School
60 Walnut St
Distance between this listing and this school2.48 miles
Public District Grades KG-5
Assigned Schools
7
/10
Central Regional Middle School
509 Forest Hills Pkwy
Distance between this listing and this school5.33 miles
Public District Grades 7-8
Nearby Schools
3
/10
Toms River Intermediate School North
150 Intermediate North Way
Distance between this listing and this school2.98 miles
Public District Grades 6-8
6
/10
Toms River Intermediate School South
1675 Pinewald Rd
Distance between this listing and this school3.82 miles
Public District Grades 6-8
Assigned Schools
3
/10
Central Regional High School
509 Forest Hills Pkwy
Distance between this listing and this school5.33 miles
Public District Grades 9-12
Nearby Schools
3
/10
Toms River High School South
55 Hyers St
Distance between this listing and this school2.54 miles
Public District Grades 9-12
4
/10
Toms River High School North
1245 Old Freehold Rd
Distance between this listing and this school2.81 miles
The neighbors living near this home have an average income of $33,198. Most Toms River, NJ residents have annual incomes less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 16 Sherwood Ln
What is the listing price of this property?
The listing price of 16 Sherwood Ln property is $289,000.
What type of property is this?
The property 16 Sherwood Ln is a house located in Toms River, New Jersey, 08757.
Is this property for sale now?
Active Listing: 16 Sherwood Ln is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 16 Sherwood Ln are: Central Regional Middle School: GreatSchools Rating 7/10Central Regional High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,974 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 2, 1991 for $54,900. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 16 Sherwood Ln has 2 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 16 Sherwood Ln is 1,031 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 16 Sherwood Ln is 1970.
This home is located at 16 Sherwood Ln in Toms River, NJ and zip code 08757 in the Silver Ridge Park East neighborhood. This 1,031 square foot home, which was built in 1970, sits on a 0.14 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $289,000.
While more than 68 listings in Toms River, NJ in April 2024 were sold above asking price, there were more than 30 listings sold at asking price, and more than 57 were sold below. Between March 2024 and April 2024, Toms River, NJ real estate market has seen decrease in the number of listings by 0.1%. In April 2024, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $368,565.
From Rocket Homes Real Estate and based on county public records data.