facebook

traded

+ Submit
Home

/

Deals

/

New Jersey

/

Retail

/

Sale

/

165 NJ-37, Toms River, NJ

Mario Brunelli Of RJBCO Sells Retail Property In Toms River, NJ For $1.4M
SOLDRetail

Mario Brunelli Of RJBCO Sells Retail Property In Toms River, NJ For $1.4M

165 NJ-37, Toms River, NJ

$1,400,000

$96/SF

Building Size

14,500 SF

Asset Type

Retail

Closing

Dec 1, 2022

AI

The retail property located at 165 NJ-37 in Toms River, NJ has been sold for $1,400,000. The property spans 14,500 square feet, resulting in a price per square foot of $97.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $1,400,000
  • Address: 165 NJ-37, Toms River, NJ
  • Square Footage: 14,500
  • Price per Square Foot: $97
  • Date: 12/01/2022
  • Market: Toms River, NJ
  • Broker: Mario Brunelli - RJBCO

Mario Brunelli of RJBCO represented the parties involved in the transaction.

For more details, please reach out to Mario Brunelli.

NOTE FROM BROKER: Let's meet at ICSC New York!

Players

Mario Brunelli

Broker

$76.6M

vol

9 deals

Broker

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

11.33%

Cash-on-Cash

-3.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93