E.V.P. Barry Waisbrod Arrange Off-Market Sale of 125 Apartments in Ocean County

Woodbridge, N.J., August 3, 2026 – The Kislak Company, Inc. announced the recent off-market sale of Hope’s Crossing, a 125-unit multifamily property at 1 Vans Way in Toms River, Ocean County, New Jersey, for $33,750,000.

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.

Mr. Waisbrod commented, “This was an extraordinary value-add opportunity since the property was previously affordable but is now market rate in one of the strongest and fastest growing markets in New Jersey. The purchaser was eager to add this attractive 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 transit routes, Hope’s Crossing offers a built-in tenant pool with immediate proximity to the Garden State Parkway. The property’s location serves as a gateway to the area’s major commercial and recreation centers, making it a landmark destination for those seeking the optimal balance of suburban convenience and Jersey Shore-market accessibility.

Barry Waisbrod joined Kislak in 2001 and is consistently among the firm’s leading salespeople. He specializes in the sale of multifamily and other investment properties throughout New Jersey and its neighboring states. Mr. Waisbrod received the firm’s Sima Kislak 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 Company, Inc.
The Kislak Company, Inc., which is headquartered in Woodbridge, New Jersey, is a leading commercial real estate brokerage firm consistently recognized for its investment sales success. Established in 1906, Kislak’s market leadership position 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 professionals. Kislak’s prestigious client base includes individual investors and owners, partnerships, financial institutions, and REITs. The firm’s thirty-five professionals provide comprehensive market coverage throughout 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.