South Toms River, NJ

This borough of 3,978 residents needs 194 more housing units over the next five years. South Toms River is part of the North Jersey Transportation Planning Authority.

Housing snapshot

Population
3,978 (2026)
Households
1,160
Median household income
$114,973 (2026)
Typical home value
$347,127
Owner-occupied
76%
Five-year housing need
194 units

Comparison to other New Jersey municipalities

South Toms River: $114,973 Median income (2026 estimate)
<$46K >$255K
South Toms River: 0.51 jobs to household ratio
<0.11 >2.52
South Toms River: Permits since 2021 represent 54.6% of housing
<0% >12.6%
On this page

How affordable is this community?

At $347,127, homes in South Toms River, NJ cost well below the New Jersey average of $576,578. South Toms River, NJ's median household income of $114,973 comfortably exceeds what is needed to afford the typical home, making this a relatively affordable market.

This chart tracks whether housing prices are keeping pace with local incomes. The gap between what homes cost and what households can afford reveals affordability trends over time.

How is the population changing?

South Toms River, NJ has a population of roughly 3,716, growing modestly at 0.7% per year.

Population growth patterns reveal how communities are evolving. This chart shows historical population changes by age group and projects future trends based on demographic patterns.

How has employment changed over time?

Jobs by industry sector since 2012. Switch between local jobs — counted where the jobs are located — and resident jobs, counted where the workers live. On the local view the most recent year is a nowcast: it grows the latest local LODES job mix forward using recent county employment growth from QCEW and the BLS local employment series, so the newest point tracks today's economy instead of data that is roughly two years old.

How are households changing by income?

With roughly 1,160 households, South Toms River, NJ is growing modestly at 0.7% per year.

Understanding how households at different income levels are growing or declining helps identify which groups face the greatest housing pressure and where new housing is most needed.

Who lives here today?

The housing stock in South Toms River, NJ is heavily oriented toward detached single-family, which makes up 100% of units. South Toms River, NJ is a strongly owner-occupied community, with 76% of households owning their home.

Households may have different structure type preferences depending on characteristics such as household size, income, employment, presence of children, age of individuals, and lifestyle choices. Understanding the housing stock in corresponding terms helps assess how well existing units align with existing households' ideals.

What does the housing stock look like?

The mix of housing types and ownership patterns shapes a community's character. This chart breaks down housing units by structure type and whether they're owner-occupied or rented.

How much new housing supply is needed?

To keep up with growth and fill current housing shortages, South Toms River, NJ needs 194 new units over the next 5 years.

103
Units needed to keep up with expected growth
Projected total household growth from 2026 to 2031.
8.9%
Projected household growth rate
Expected increase in total households from 1,160 in 2026 to 1,263 in 2031.
91
Units to address shortages in existing housing stock
Production needs to address vacancy rates and other factors.
5
Replacement housing
Effective annual loss rate is 0.9 per 1,000 units.
13
Ownership vacancy adjustment
Owner-occupied vacancy is 0.0%. This is below the minimum stable target of 1.5%.
19
Rental vacancy adjustment
Rental vacancy is 0.0%. This is below the minimum stable target of 7.4%.
54
Overcrowding adjustment
Overcrowding rate is 8.4%. This is above National avg. of 3.4%.
194
Total 5-year housing production need (2026-2031)
39
Annual production pace
Average units needed per year to meet 5-year need
17.6%
Total housing unit growth
Percent increase in housing stock over 5 years
3.5%
Annual housing unit growth
Average percent increase in housing stock per year

How does this place compare to similar communities?