Why Live in Freehold
Freehold, NJ, a commuter-friendly borough with a population of nearly 13,000, offers a blend of history and modern amenities. Located less than 50 miles from New York City, it is surrounded by larger townships and known for its sense of community and diversity. The local economy is supported by retail activity, with efforts to revitalize downtown through a master plan focusing on the Freehold Center Bus Station. Housing options range from classic suburban styles, including bungalows and midcentury ranches, to ornate Victorian homes and contemporary custom brick traditionals. Freehold Borough High School is highly rated, serving students from surrounding townships. Public green spaces like Liberty Park provide recreational opportunities, while the Jersey Shore's beaches are just a short drive away. Main Street features enduring hangouts such as Roberto’s diner and Jersey Freeze, alongside century-old Federici’s, known for its thin-crust pizza. The Freehold Raceway Mall offers a larger shopping experience. The borough hosts numerous events throughout the year, including the Battle of Monmouth reenactment, a downtown farmers market, and the Sea Here Now music festival. Commuters can reach Manhattan in 60 to 75 minutes by car or take the 139 bus to the Port Authority. Crime rates in Freehold are trending downward, with a notable decrease in auto thefts compared to the countywide increase.
Home Trends in Freehold, NJ
On average, homes in Freehold, NJ sell after 24 days on the market compared to the national average of 70 days. The median sale price for homes in Freehold, NJ over the last 12 months is $405,000, down 8% from the median home sale price over the previous 12 months.
Median Sale Price
$405,000
Median Single Family Sale Price
$405,000
Median Townhouse Sale Price
$161,700
Median 2 Bedroom Sale Price
$529,000
Average Price Per Sq Ft
$400
Number of Homes for Sale
11
Last 12 months Home Sales
229
Median List Price
$405,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-8%