Updated Dec 19, 2024
Isaac Nussbaum Of The Nussbaum Team Closes $2.6M Retail Sale In Toms River
1726 New Jersey Highway 37
$2,600,000
$213/SF
Building Size
12,153 SF
Asset Type
Retail
Closing
Mar 5, 2024
About this deal
AI
The retail property located at 1726 New Jersey Highway 37 in Toms River, NJ, was recently sold for $2,600,000. The property spans 12,153 square feet, translating to a price per square foot of $214.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,600,000
- Address: 1726 New Jersey Highway 37, Toms River, NJ
- Market: Toms River, NJ
- Buyer's Rep: Isaac "Yitzi" Nussbaum - The Nussbaum Team - Real Broker
Isaac "Yitzi" Nussbaum from The Nussbaum Team at Real Brokerrepresented the buyer in this transaction for the retail property in Toms River, NJ.
On the Map
$2,600,000
$213/SF
Retail
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Players
Whiting Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93