Applewhaite's car went off the shoulder and hit a tree.
Police say the 34-year-old Festo got out of his car and continued to threaten Applewhaite.
Festo was being held on $25,000 bail. He faces charges including driving under the influence, aggravated assault by auto and making terroristic threats.
Applewhaite was taken to Jersey Shore University Medical Center in Neptune with a bruised lung.
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