Isaac Nussbaum Of The Nussbaum Team Represents Buyer In Toms River Office Sale For $3.21M
1130 Hooper Avenue
$3,210,000
$162/SF
Building Size
19,764 SF
Asset Type
Office
Closing
Nov 12, 2025
AI
The property involved in this transaction is located at 1130 Hooper Avenue in Toms River, categorized as an office asset. The total sale price recorded for this property is $3,210,000. It encompasses a total area of 19,764 square feet, translating to a price per square foot of $162.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,210,000
- Square Footage: 19,764
- Price Per Square Foot: $162
- Market: Toms River
- Buyer's Representative: Isaac "Yitzi" Nussbaum - The Nussbaum Team - Real Broker
- Seller's Representatives: Robert Cecchini & Michael Little - Keller Williams Realty
This transaction highlights the involvement of Isaac "Yitzi" Nussbaum, representing the buyer, alongside Robert Cecchini and Michael Little, who represented the seller. Their roles were critical in successfully concluding the sale of this office property.
Players
Toms River Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.94%
Cash-on-Cash
-1.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93