Joe Kotler's Horizon Equities Acquires Mixed-Use Portfolio In Ocean County NJ For $46M

The mixed-use property located at 931 Fischer Blvd, 2850 Yorktown Blvd, 1 & 3 Plaza Drive, 31 & 600 Mule Road, 190 St Catherine Blvd, 730 & 730 Jamaica Blvd, and 9 Wrangle Brook Road in Ocean County NJ, Toms River, has been sold in a closed transaction. The sale was completed on 12/19/2022. The property spans a total of 310,000 square feet and is valued at $46,000,000. The price per square foot amounts to $148.

Summary of transation details

• Property Type: Mixed-use
• Transaction Amount: $46,000,000
• Buyer: Joe Kotler (linkedin.com/in/kotlerjoe) - Horizon Equities (linkedin.com/company/horizon-equities?trk=public_profile_topcard-current-company)
• Seller: Edele Hovnanian
• Brokers: Alan Cafiero, Brent Hyldahl & Seth Goldberg - Marcus & Millichap

The transaction was facilitated by brokers Alan Cafiero, Brent Hyldahl, and Seth Goldberg from Marcus & Millichap. The involvement of these individuals and companies showcases their roles in representing the buyer and seller in the closed transaction.