Seller's Agent in 2026
Michelle Lorme
Real Broker, LLC- Red Bank
(732) 768-1188
80 Total Sales
27 Spring St Freehold, NJ 07728
Freehold Area
5
Beds
3.5
Baths
2,680
Sq Ft
1905
Built
Highlights
- Cooling Available
- Freehold Borough High School Rated A-
- Hot Water Heating System
About This Home
As of July 2026Exceptional investment opportunity in the heart of Freehold! This distinctive Victorian three-family property blends historic character with modern upgrades, offering strong, reliable income just steps from downtown shopping, dining, and schools.The property features three fully leased units with a solid rental history: two 1-bedroom, 1-bath apartments on the first and second floors, plus a spacious 3-bedroom, 1.5-bath residence spanning two levels. Each unit has their own private entrance and is equipped with its own washer and dryer, providing added convenience for tenants. Recent improvements enhance both value and appeal, including two beautifully remodeled kitchens with Corian countertops and stainless steel appliances, updated flooring, and a designer-renovated bathroom in the - largest unit. The entire home has been professionally painted, and exterior upgrades include refreshed landscaping and new lighting surrounding the private, paved parking area behind the home. Meticulously maintained by the current owner, this property preserves its original Victorian elegance -- from wide plank floors , soaring ceilings to intricate millwork and classic architectural details -- while delivering the modern updates today's tenants appreciate. A rare opportunity to own a turn-key, income-producing property in a prime location.
Last Agent to Sell the Property
Real Broker, LLC- Red Bank License #1648509 Listed on: 03/12/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,941
Year Built
- Built in 1905
Home Design
- Triplex
- Shingle Roof
Interior Spaces
- 2,680 Sq Ft Home
- 2-Story Property
- Partial Basement
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Parking
- No Garage
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Exterior Lighting
Schools
- Freehold Middle School
Utilities
- Cooling Available
- Hot Water Heating System
- Natural Gas Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Tenant pays for hot water
- The owner pays for water, snow removal
- Assessor Parcel Number 16-00043-0000-00011
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 4, 2024
Closed on
Feb 1, 2024
Sold by
Bought by
Seller's Agent
Jeffrey Lara
EXP Realty
Buyer's Agent
Michelle Lorme
Keller Williams Realty East Monmouth
List Price
$739,000
Sold Price
$650,000
Premium/Discount to List
-$89,000
-12.04%
Views
13
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.33%
Original Mortgage
$487,500
Interest Rate
6.66%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 6, 2021
Closed on
Jul 27, 2021
Sold by
Bought by
Seller's Agent
David Ten Hoeve
Keller Williams Realty Central Monmouth
Buyer's Agent
Jeffrey Lara
Keller Williams Realty East Monmouth
Sold Price
$565,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$423,750
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 28, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $650,000 | Prestige Title | |
| Deed | $565,000 | None Available | |
| Deed | $470,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $570,000 | New Conventional | |
| Closed | $487,500 | New Conventional | |
| Previous Owner | $423,750 | New Conventional | |
| Previous Owner | $376,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/17/2026 07/17/26 | Sold | $985,000 | -1.4% | $368 / Sq Ft | |
| 04/10/2026 04/10/26 | Pending | -- | -- | -- | |
| 03/12/2026 03/12/26 | For Sale | $999,000 | 0.0% | $373 / Sq Ft | |
| 02/25/2026 02/25/26 | Off Market | $999,000 | -- | -- | |
| 02/18/2026 02/18/26 | For Sale | $999,000 | +53.7% | $373 / Sq Ft | |
| 02/09/2024 02/09/24 | Sold | $650,000 | -12.0% | $243 / Sq Ft | View Prior Sale |
| 01/04/2024 01/04/24 | Pending | -- | -- | -- | |
| 01/04/2024 01/04/24 | For Sale | $739,000 | 0.0% | $276 / Sq Ft | |
| 12/17/2023 12/17/23 | Off Market | $739,000 | -- | -- | |
| 12/14/2023 12/14/23 | For Sale | $739,000 | 0.0% | $276 / Sq Ft | |
| 12/01/2023 12/01/23 | Pending | -- | -- | -- | |
| 11/15/2023 11/15/23 | For Sale | $739,000 | +30.8% | $276 / Sq Ft | |
| 07/30/2021 07/30/21 | Sold | $565,000 | -- | $211 / Sq Ft | View Prior Sale |
| 04/06/2021 04/06/21 | Pending | -- | -- | -- |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $13,941 | $747,400 | $228,200 | $519,200 |
| 2025 | $13,941 | $695,300 | $222,700 | $472,600 |
| 2024 | $14,801 | $728,600 | $264,700 | $463,900 |
| 2023 | $14,801 | $705,800 | $252,700 | $453,100 |
| 2022 | $10,067 | $559,000 | $146,500 | $412,500 |
| 2021 | $10,067 | $383,800 | $122,100 | $261,700 |
| 2020 | $9,895 | $371,700 | $122,100 | $249,600 |
| 2019 | $9,649 | $364,100 | $122,100 | $242,000 |
| 2018 | $9,713 | $359,600 | $122,100 | $237,500 |
| 2017 | $9,668 | $356,500 | $122,100 | $234,400 |
| 2016 | $9,502 | $357,900 | $150,500 | $207,400 |
| 2015 | $9,145 | $360,900 | $153,500 | $207,400 |
| 2014 | $8,730 | $360,900 | $153,500 | $207,400 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Lorme
-
Aleksandr Pritsker
Buyer's Agent in 2026
Aleksandr Pritsker
EXP Realty
(732) 688-3819
847 Total Sales
-
Jeffrey Lara
Seller's Agent in 2024
Jeffrey Lara
EXP Realty
(732) 272-4641
52 Total Sales
-
D
Seller's Agent in 2021
David Ten Hoeve
Keller Williams Realty Central Monmouth
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22604312
APN: 16-00043-0000-00011
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