Updated Aug 6, 2026
Kislak's Barry Waisbrod Represents Sale Of Toms River Multifamily Asset For $33.75M
1 Vans Way
$33,750,000
$225/SF
Building Size
150,000 SF
Asset Type
MultiFamily
Closing
Jul 14, 2026
About this deal
AI
The property asset involved in this transaction is a multifamily unit located at 1 Vans Way, Toms River. The sale price of the asset was $33,750,000, comprising 125 units, resulting in a price per unit of $270,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $33,750,000
- Units: 125
- Price Per Unit: $270,000
- Broker: Barry Waisbrod - Kislak
- Date of Sale: 07/14/2026
- Address: 1 Vans Way
- Market: Toms River
The transaction was represented by Barry Waisbrod from Kislak, providing brokerage services for the sale of the multifamily property in Toms River.
On the Map
$33,750,000
$225/SF
MultiFamily
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Toms River MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.47%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93