Eight most expensive homes sold in Freehold, May 5-11

Published: Saturday, May 17, 2025 at 8:27 am

Freehold Real Estate Market Update: Top Sales Revealed

The Freehold real estate market saw a flurry of activity during the week of May 5-11, with a single-family home at 42 Sabina Terrace leading the pack at a cool $730,000. This sale tops a list of eight of the most expensive residential properties sold in the area, offering a snapshot of the current market trends.

Overall, nine residential real estate transactions were recorded during the period, with an average sale price of $523,444. This translates to an average price of $303 per square foot, providing a useful benchmark for potential buyers and sellers. The data reflects sales where the title was recorded during the specified week, even if the actual sale occurred earlier in April.

The list showcases a diverse range of properties, from condominiums to single-family homes. The second-highest sale was a single-family home at 39 First Street, fetching $675,000. Other notable sales include a single-family residence at 105 Gravel Hill Road for $630,000 and a home at 44 Portage Drive for $600,000. Condominium sales ranged from $206,000 to $500,000, highlighting the variety of housing options available in Freehold.

The data reveals interesting insights into property values. For instance, the price per square foot varied significantly depending on the property type and location. The most expensive sale, at 42 Sabina Terrace, had a price per square foot of $343, while the condominium at 160 Rue de St Germaine sold for $173 per square foot.

BNN's Perspective: The Freehold real estate market appears to be holding steady, with a mix of property types and price points. While the top sale indicates a strong demand for higher-end properties, the average price suggests a market accessible to a wider range of buyers. The data underscores the importance of considering location, property type, and square footage when evaluating real estate investments in the area.

Keywords: Freehold real estate, real estate sales, home sales, property prices, average sale price, single-family homes, condominiums, price per square foot, 42 Sabina Terrace, 39 First Street, 105 Gravel Hill Road, 44 Portage Drive, real estate market, housing market, Freehold homes for sale, Freehold real estate market update, New Jersey real estate

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