$1,225,000
SOLD OCT 30, 2024

64 E Main St Freehold, NJ 07728

0.43 Acre
$2,848,837 Price per Acre
18,731 Sq Ft Lot

Recently Sold

$180 Per Sq Ft

12% Below List Price

350 Days on Market

About This Lot

As of October 2024

Former Sabrina the Teenage Witch House From 90's Sitcom: Restored with Vintage Charm. Discover 2 renovated office buildings on E Main Street, Freehold Boro. Move-in ready spaces with ample parking. Front building: 4,862 sqft, 3 finished floors, kitchen, offices, porch. Back building: 2,000 sqft, 2 levels, kitchen, offices, bathrooms. Vintage charm preserved after extensive remodeling. This property was brought down to the studs. Zoned commercial/office. Potential for residential/mixed use, variance required. Front building featured in ''Sabrina the Teenage Witch.'' Zoning department estimates 3 months for variance. Former Sabrina the Teenage Witch House from 90s Sitcom: Immaculately Restored Office Buildings with Vintage Charm in Prime Freehold Boro LocationEmbark on an extraordinary opportunity to own two impeccably renovated office buildings seamlessly marrying vintage charm with modern convenience. Nestled on E Main Street, mere moments from the bustling heart of Freehold Boro's business district, this offering presents two move-in ready properties, currently zoned for commercial/office use, complemented by ample parking facilities.Front Building: Encompassing an expansive 4,862 square feet, this structure spans three meticulously finished floors and a spacious attic awaiting your creative vision. Inside, 2 fully equipped kitchens, numerous generously sized offices, and a delightful wraparound front porch await. Four distinct entrance doors ensure effortless access to various office spaces, enhancing efficiency and convenience. The main house boasts 2 full bathrooms, 3 half bathrooms, 2 kitchens, and 7 large offices downstairs. Upstairs, discover 6 large offices and one small office with a sizable walk-in closet that was previously used as a server room. Recently professionally finished for $30,000, the basement features cemented, sealed, and painted walls.Back Building: Nestled at the rear of the property, this building offers approximately 2,000 square feet across two levels. Featuring a functional kitchen, five offices, and two bathrooms, it caters to a diverse range of professional needs. The back house comprises a kitchen, 3 offices downstairs, and upstairs features 2 offices and a large open workplace space area. Currently leased to an accounting firm for $3,400, with the lease set to expire in June 2024.Both buildings have undergone extensive remodeling while preserving the nostalgic allure that Freehold Boro is famed for. Guided by the Freehold historic community, impeccable renovations include new roofing, flooring, plumbing, electrical systems, decking, and hardy boy siding, ensuring a turnkey experience for the prospective owner.The front building, previously leased for $9,750, boasts enchanting period details such as intricate windows, stained glass elements, and the iconic domed turret. Furthermore, this property holds a place in pop culture history, serving as the exterior backdrop for the fictional Spellman Manor in the beloved '90s sitcom, "Sabrina the Teenage Witch."This exceptional offering also provides versatile zoning opportunities. While presently designated for commercial and professional purposes, the property's original residential origins allow for potential conversion to a residential or mixed-use setup. Achieving this transformation necessitates a variance, a process that the zoning department estimates will take approximately three months. Interested parties are encouraged to explore this possibility through the Freehold Township zoning office. Highlighted by its feature in various prominent media outlets, including nj.com, People Magazine, Fox Business, and the Asbury Park Press, this property's distinct character and flexible potential position it as an outstanding investment opportunity.Seize the chance to become part of Freehold Boro's storied history and thriving business environment. Contact us today to see this meticulously restored Victorian gem.Articles: to full write up and information:

Last Agent to Sell the Property

Sean Mulligan

ARC Real Estate License #0681608 Listed on: 08/23/2023

Last Buyer's Agent

NON MEMBER MORR

NON MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $32,299

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 96 x 195

Home Design

  • 6,800 Sq Ft Home

Schools

  • Freehold Middle School

Additional Features

  • Electricity Available at Street
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 16-00051-0000-00005

Property Details

Property Type

Land

Est. Annual Taxes

$32,299

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Commercial
  • ResoLotFeatures: See Remarks
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Acreage: 0.43
  • General Property Info Lot Dimensions: 96 x 195
  • Location Middle School: Freehold
  • WaterSewer Public Water: Yes
  • WaterSewer Public Sewer at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Special Features: VirtualTour

Exterior Features

  • Acres: 0.43
  • Waterfront: No

Schools

  • Middle Or Junior School: Freehold

Lot Info

  • Lot Dimensions: 96 x 195
  • Lot Size Sq Ft: 18730.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 16-00051-0000-00005
  • Zoning Description: Professional, Commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 32298.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Oct 31, 2024
Sold by
Three Buddies Limited Liability Company
Bought by
Grace & John Llc
Seller's Agent
Sean Mulligan
ARC Real Estate
Buyer's Agent
NON MEMBER MORR
NON MEMBER
List Price
$1,400,000
Sold Price
$1,225,000
Premium/Discount to List
-$175,000
-12.5%
Views
851
Current Estimated Value
$1,220,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,448
Avg. Annual Appreciation
-0.50%
Original Mortgage
$425,000
Outstanding Balance
$422,900
Interest Rate
6.09%
Mortgage Type
Construction
Estimated Equity
$797,653

Purchase Details

Closed on
May 28, 2014
Sold by
Boiling Springs Savings Bank
Bought by
Three Buddies Llc

Purchase Details

Closed on
Jan 19, 2012
Sold by
64 East Main Street Associates Llc
Bought by
Boiling Springs Savings Bank

Purchase Details

Closed on
Sep 1, 2005
Sold by
Vero Properties Llc
Bought by
64 East Main Street Associates

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,800
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 31, 2001
Sold by
Beskin Scott
Bought by
Vero Propertes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.98%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $1,225,000 Investment Title
Deed $1,225,000 Investment Title
Deed $335,000 Trident Abstract Title Agenc
Sheriffs Deed $748,093 None Available
Deed $1,000,000 --
Deed $520,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $425,000 Construction
Closed $425,000 Construction
Previous Owner $735,800 Adjustable Rate Mortgage/ARM
Previous Owner $416,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Sold $1,225,000 -2.0% $180 / Sq Ft
08/08/2024 08/08/24 Pending -- -- --
03/14/2024 03/14/24 Price Changed $1,250,000 -2.0% $184 / Sq Ft
01/26/2024 01/26/24 Price Changed $1,275,000 -5.6% $188 / Sq Ft
10/25/2023 10/25/23 Price Changed $1,350,000 -3.6% $199 / Sq Ft
08/23/2023 08/23/23 For Sale $1,400,000 -- $206 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

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
2024 $32,299 $1,429,600 $271,100 $1,158,500
2023 $32,299 $1,421,600 $290,100 $1,131,500
2022 $28,943 $1,367,100 $336,900 $1,030,200
2021 $28,943 $1,026,000 $306,300 $719,700
2020 $28,354 $992,800 $306,300 $686,500
2019 $18,054 $635,700 $306,300 $329,400
2018 $17,589 $608,400 $306,300 $302,100
2017 $17,552 $604,400 $306,300 $298,100
2016 $15,733 $500,000 $348,200 $151,800
2015 $22,457 $825,000 $562,600 $262,400
2014 $21,508 $825,000 $562,600 $262,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22323464

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00051-0000-00005