Why Freehold Borough, NJ?
Freehold Borough is Monmouth County's seat of government and Bruce Springsteen's working-class origin story. The historic courthouse anchors a walkable Main Street. A growing Hispanic community adds cultural energy. At $420K with 7.4% appreciation, it is the most affordable walkable town in Monmouth County.
Freehold Borough Real Estate Market in 2026
Freehold Borough homes sell in 18 days at a $420K median. Victorians, colonials, and multi-family properties. Renovation opportunities abound.
Best Neighborhoods in Freehold Borough
2 distinct neighborhoods, each with its own character and price range
Main Street / Downtown
$375,000 to $525,000Historic courthouse, walkable shops. Growing dining.
West Freehold
$400,000 to $550,000More residential. Near Freehold Township border.
Commuting from Freehold Borough to NYC
Source: NJ Transit schedules, June 2026. Peak hour commute times.
Walkability and Livability in Freehold Borough
How easy is it to live car-free or car-light in Freehold Borough?
Freehold Borough vs Neighboring Towns: Cost Comparison
| City | Median Price | Tax Rate | Annual Tax | NYC Commute |
|---|---|---|---|---|
| Freehold Borough | $420,000 | 2.67% | $7,890 | 68 min |
| Freehold Township | $580,000 | 2.12% | $10,234 | 65 min |
| Neptune | $420,000 | 2.45% | $7,890 | 72 min |
Where to Eat in Freehold Borough
Main Street
Growing dining scene with Latin American, Italian, and new restaurant openings on Main Street.
Parks and Recreation in Freehold Borough
Michael J. Tighe Park
Borough park with recreation facilities.
Freehold Raceway
Historic harness racing track and former mall site under redevelopment.
New Development and Growth in Freehold Borough
Downtown Revitalization
Main Street improvements and commercial growth.
Freehold Raceway Site
Major redevelopment of the former raceway and mall site.
History of Freehold Borough, NJ
Monmouth County seat since 1714. The Battle of Monmouth (1778) was fought nearby.
Bruce Springsteen grew up in Freehold. St. Rose of Lima Church (from 'My Hometown') is here.
The Monmouth County Courthouse is one of the oldest in NJ.
Freehold Raceway is the oldest harness racing track in America (1853).
Safety in Freehold Borough
Freehold Borough is generally safe with active downtown policing.
Notable Residents
Annual Events and Festivals
Frequently Asked Questions About Freehold Borough, NJ
What is the median home price in Freehold Borough, NJ?
The median home price is $420,000 as of 2026, with 7.4% year-over-year appreciation. Average $280/sqft, selling in 18 days.
How long is the commute from Freehold Borough to NYC?
68 minutes via NJ Transit from on the Drive to Matawan Station. Transfer required.
What are property taxes in Freehold Borough, NJ?
Tax rate is 2.67%. Average homeowner pays $7,890/year. At the median price of $420,000, expect about $11,214/year.
What are the best neighborhoods in Freehold Borough?
Main Street / Downtown ($375,000 to $525,000). West Freehold ($400,000 to $550,000). See the full guide above for all 2 neighborhoods.
Is Freehold Borough safe?
Freehold Borough is generally safe with active downtown policing.
How walkable is Freehold Borough, NJ?
Walk Score of 68, rated "Somewhat Walkable." Median income $58,000, median age 34.8. 55% renter-occupied.
Ready to Find Your Home in Freehold Borough?
Talk to a Premier Homes agent who knows Freehold Borough inside and out. We have been serving this community for over 30 years.