TOMS RIVER, NJ – The average price for land per acre in Toms River these days is between $350,00 to $400,00, but there’s one small postage stamp .27 acre lot in the town that will cost you $12,000,000 per acre.
No, that’s not a typo. It’s not a mistake. It’s real. That price, of course, includes the home that you would build on the now vacant land.
According to the Monmouth-Ocean MLS, a tiny lot on Bayshore Drive is on the market for a whopping $3,199,000. That’s roughly $12 million per acre if you look at it from a different perspective. Well, in a very simplified and unrealistic way.
