Market Report: Freehold Township
By Andrew J. Lenza (ABR*GRI*MBA) Monmouth County NJ Real Estate Broker
(Andrew J. Lenza Realty)
September 16, 2007 Buyer interest remains strong in Freehold Township, NJ. For the month of August, nineteeen homes sold (closed sales) through MLS listing. The lowest priced home was a three bedroom Ranch with basement (built in 1958) for $325,000. The most expensive home for the month was a four bedroom, 4,500 SF Colonial in Winding Woods (a new subdivision off Jackson Mills Road) for $762,200. Two homes sold in Colts Pride (right off Route 537) in the $450,000 range. The College Park development continues to be desireable and resilient to a lackluster real estate market. Three homes closed in College Park, ranging from $545,000 to $652,000. Nineteen homes? Compared to last year's numbers -- 30 homes sold at an average price of $655,000 -- that's a strong signal that Freehold is stil...