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1174 Fischer Boulevard

Michael Lombardi Of Horvath & Tremblay Brokers Sale Of Toms River Retail Plaza For $2.475M
SOLDRetail

Michael Lombardi Of Horvath & Tremblay Brokers Sale Of Toms River Retail Plaza For $2.475M

1174 Fischer Boulevard

$2,475,000

$164/SF

Building Size

15,080 SF

Asset Type

Retail

Closing

Nov 13, 2025

AI

The sale involves a fully leased retail plaza located at 1174–1178 Fischer Boulevard in Toms River, New Jersey. The transaction was completed for a price of $2,475,000, with a total square footage of 15,080 and a price per square foot of $164. The asset spans an area of 1.59 acres.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,475,000
  • Square Footage: 15,080
  • Price Per Square Foot: $164
  • Address: 1174-1178 Fischer Boulevard
  • Market: Toms River
  • Acres: 1.59

Michael Lombardi from Horvath & Tremblay represented both the seller and buyer in the transaction. The brokerage firm facilitated the sale of this retail plaza, showcasing their expertise in handling such property transactions.

Players

Michael Lombardi

Horvath & Tremblay

Broker

$114.8M

vol

29 deals

Broker
Horvath & Tremblay
Horvath & TremblayBrokerage

Toms River Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.41%

Cash-on-Cash

-1.83%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93