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
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.
Players
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