M id A tlantic Real Estate Journal — Central New Jersey — August 2026 — 21
www.marej.com
C entral N ew J ersey
Executive VP Barry Waisbrod arranges off-market sale of 125 apartments in Ocean County KISLAK sells Hope’s Crossing in Toms River, New Jersey for $33.75 Million
OMS RIVER, NJ — The Kislak Company, Inc. an - nounced the recent off- market sale of Hope’s Crossing, a 125-unit multifamily property at 1 Vans Way in Toms River, Ocean County, for $33.75 million. Kislak arranged the sale with executive vice president Barry Waisbrod handling the assignment on behalf of the seller and buyer, both longtime Kislak clients. The parties were not disclosed. Waisbrod said, “This was an extraordinary value-add opportunity since the prop - erty was previously afford - able but is now market rate in one of the strongest and fastest-growing markets in New Jersey. The purchaser was eager to add this attrac - tive and well-maintained property to their portfolio.” Built in 1994, Hope’s Crossing is a two-story apartment complex with 125 units in 14 buildings on 12.6 park-like acres. The unit mix consists of mostly two- and three-bedroom units. Situated at the center of the Jersey Shore’s key tran - sit routes, Hope’s Crossing offers a built-in tenant pool with immediate proximity to the Garden State Pkwy. The property’s location serves as a gateway to the area’s major commercial and rec - reation centers, making it a landmark destination for those seeking the optimal balance of suburban conve - nience and Jersey Shore- market accessibility. Barry Waisbrod joined Kislak in 2001 and is con - sistently among the firm’s leading salespeople. He spe - cializes in the sale of multi - family and other investment properties throughout New Jersey and its neighboring states. Mr. Waisbrod re - ceived the firm’s Sima Kis - lak Jelin Salesperson of the Year award in 2023, 2019, 2015 and 2013 and its Jay I. Kislak Producer of the Year award in 2023 and 2021. His career sales total $2 billion. About The Kislak Co., Inc. The Kislak Company, Inc., which is headquartered in T Barry Waisbrod
Woodbridge, New Jersey, is a leading commercial real estate brokerage firm con - sistently recognized for its investment sales success. Established in 1906, Kis - lak’s market leadership po - sition and longevity are due to its ability to offer clients a personalized, hands-on approach, coupled with the unrivaled expertise of its long-tenured team of profes - sionals. Kislak’s prestigious client base includes indi - vidual investors and own - ers, partnerships, financial institutions, and REITs. The
firm’s thirty-five profession - als provide comprehensive market coverage through - out New Jersey, New York, Pennsylvania, Delaware and Florida. Now in its 120th year, Kislak was among a select group of firms recognized as a 2025 Power Broker by CoStar Group, Inc. and this was the firm’s 20th consecutive recognition. For the fourth year, Kislak was named by NJBIZ as one of its Leaders in Real Estate, Construction and Design in New Jersey. MAREJ
Hope’s Crossing in Toms River
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The Kislak Company, Inc. | kislakrealty.com | 732 750 3000
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