$410,000
SOLD SEP 22, 2025

53 Broadway Freehold, NJ 07728

3 Beds
2 Baths
1,558 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$263 Per Sq Ft

9% Below List Price

32 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • 2 Car Detached Garage
  • Freehold Borough High School Rated A-
  • Balcony
  • Multiple cooling system units

About This Home

As of September 2025

Great Investment Opportunity in Downtown Freehold! This versatile two-family home offers excellent potential for owner-occupants or savvy investors. The first apartment features 1 bedroom and 1 full bath, while the second offers 2 bedrooms and 1 full bath—both with month-to-month tenants in place, providing immediate income. Additional highlights include a detached two-car garage, basement for storage and utilities, and a charming front porch. A convenient first-floor laundry area adds value and functionality. While the home offers solid bones, it presents an exciting opportunity for updates to maximize rental income and property value. Ideally located just moments from vibrant Downtown Freehold, shopping, dining, and transportation. A perfect chance to build positive cash flow in a prime location!

Last Agent to Sell the Property

Valerie Vargas

Keller Williams City Life License #0337086 Listed on: 06/13/2025

Keller Williams City Life

Last Buyer's Agent

Ruth Cole

C21/ Mack Morris Iris Lurie License #8643569

C21/ Mack Morris Iris Lurie

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,249

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 45 x 125

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,558 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Schools

  • Freehold Middle School

Utilities

  • Multiple cooling system units
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: tenants personal property
  • Assessor Parcel Number 16-00046-0000-00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,249

Year Built

Built in 1930

Lot Details

5,663 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Detached, Colonial
  • Year Built: 1930
  • Contract Info List PriceSqFt: 288.83
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • General Property Info Acreage: 0.13
  • General Property Info Lot Dimensions: 45 x 125
  • Location Middle School: Freehold
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Cooling Multi Units: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Full Basement: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.13
  • Waterfront: No
  • Exclusions: tenants personal property
  • Exterior Features: Balcony
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Hot Water, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Freehold

Lot Info

  • Lot Dimensions: 45 x 125
  • Lot Size Sq Ft: 5662.8
  • Parcel #: 16-00046-0000-00018

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8249.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2025
Closed on
Aug 20, 2025
Sold by
Lloyd Iris Lee
Bought by
53 Broadway Road Llc
Seller's Agent
Valerie Vargas
Keller Williams City Life
Buyer's Agent
Ruth Cole
C21/ Mack Morris Iris Lurie
List Price
$450,000
Sold Price
$410,000
Premium/Discount to List
-$40,000
-8.89%
Views
122
Current Estimated Value
$427,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,426
Avg. Annual Appreciation
8.68%

Purchase Details

Closed on
Oct 18, 1994
Sold by
Bahl Subhash
Bought by
Lloyd Jeffrey and Lloyd Iris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.49%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $410,000 Coastal Title Agency
Deed $93,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $65,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2025 09/22/25 Sold $410,000 -8.9% $263 / Sq Ft
07/15/2025 07/15/25 Pending -- -- --
06/13/2025 06/13/25 For Sale $450,000 -- $289 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History

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
2025 $8,249 $402,200 $217,600 $184,600
2024 $7,746 $411,000 $229,800 $181,200
2023 $7,746 $369,400 $192,400 $177,000
2022 $7,132 $309,600 $148,500 $161,100
2021 $7,132 $275,700 $129,200 $146,500
2020 $7,158 $268,900 $129,200 $139,700
2019 $7,015 $264,700 $129,200 $135,500
2018 $6,836 $253,100 $120,200 $132,900
2017 $6,818 $251,400 $120,200 $131,200
2016 $6,757 $254,500 $134,600 $119,900
2015 $6,905 $272,500 $152,600 $119,900
2014 $6,592 $272,500 $152,600 $119,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22517544

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00046-0000-00018

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