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931 Fischer Boulevard

Updated Oct 19, 2026

Horizon Equities & Urbana Partners Sell Retail Asset To Jason Gerbsman In Toms River For $18.5M
SOLDRetail

Horizon Equities & Urbana Partners Sell Retail Asset To Jason Gerbsman In Toms River For $18.5M

931 Fischer Boulevard

$18,500,000

$180/SF

Building Size

102,331 SF

Asset Type

Retail

Closing

Sep 1, 2026

About this deal

AI

The property asset involved in the transaction is a retail space located at 931 Fischer Boulevard in Toms River. The asset encompasses a total square footage of 102,331 and was sold for a transaction price of $18,500,000, which equates to a price per square foot of $180.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $18,500,000
  • Address: 931 Fischer Boulevard
  • Market: Toms River
  • Square Footage: 102,331
  • Price Per Square Foot: $180
  • Seller: Horizon Equities & Urbana Partners
  • Buyer's Representative: Jason Gerbsman - Hudson Real Estate
  • Seller's Representative: Shane Wierks - Jeffery Realty

The individuals involved in the deal include Jason Gerbsman, representing the buyer through Hudson Real Estate, and Shane Wierks, representing the seller through Jeffery Realty. Their roles were pivotal in facilitating the transaction between Horizon Equities, Urbana Partners as the seller, and the buyer.

On the Map

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$18,500,000

$180/SF

Retail

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Players

Jason Gerbsman

Broker

2 deals

Broker
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Urbana PartnersSeller

Toms River Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $180 per square foot on a published $18.5M for 102,331 square feet (2026).

Visit Shane Wierks to view all their deals.

Browse Toms River retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.86%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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