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Freehold Real Estate & Homes for Sale in New Jersey

Situated in the heart of Monmouth County, Freehold, NJ is a borough within its namesake township, located in the New York Metro area. The township is approximately 65 miles south of New York City and 40 miles northeast of Philadelphia, PA. Freehold features access to Route 9, Route 33 Business, Route 79 and County Routes 522 and 537. With approximately 11,000 residents in Freehold Borough and 35,000 residents in Freehold Township, commuters utilize the New Jersey Transit bus service with the surrounding towns of Newark and Manhattan as well as the airport.

Downtown Freehold is an ideal suburban location for families and history enthusiasts, offering a charming walking business district. Pocket parks provide picnic and recreational opportunities while the varied year round events and points of interest range from summertime concerts and an open-air talent show, wine-making school, a local theater company and one of the country's only museums dedicated to the bicycle. For recreational use, The Henry Hudson Trail starts in the township and runs north along the abandoned rail line.

Surrounded almost entirely by the Freehold Township, Freehold Borough continues to be a central gathering place for Western Monmouth County. The balance of commercial and residential development, reasonable housing prices and proximity to major city centers add to the many reasons why Freehold is a great place to call home.

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Real Estate Market Summary - Prices of Freehold Homes for Sale

A variety of homes are offered in Freehold, presenting a mix of suburban amenities and the beauty and charm of a Main Street community. Complete with space and upgrades, residents can choose from Ranch, Colonial and Traditional-style homes with large lots on quiet streets and cul-de-sacs. From historical horse properties to custom stunners with all of the modern amenities, buyers are bound to find something to fit their needs.

Single-family homes in Freehold range from $100,000 to $1.1 million. Town homes and condominiums are available from $125,000 to $350,000. Land is on the market in Freehold from under $85,000 to $1.25 million, depending greatly on acreage, location and utilities present.

Freehold Real Estate Stats and Trends for the week of April 19th, 2020: homes priced around $413,672 compared to $413,672 the previous week, to remain steady with no change in listing price.  For Sunday, April 19th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.

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