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Cheap Homes in Freehold, NJ

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Top Reasons To Live In Freehold, NJ In 2024

Freehold is located in Monmouth, New Jersey, with an estimated municipal population of 34,945 residents. All of the best foreclosed homes for sale in Freehold are located in the following zip code areas on Foreclosure.com: 07728. The estimated population per square kilometer (.62 miles) in Freehold is 349.


Cost Of Living In Freehold, NJ

So, about how much do homes cost in Freehold? The most recent median value of resident-owned homes in Freehold is 432,774. An estimated 78.5 percent of households in Freehold own their homes, with an average family size of 3.26. The median household income in Freehold is 110,432, with53.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Freehold, the median commute time of resident workers (in minutes) is 37.1. And last, but certainly not least, are you looking for homes to rent in Freehold? If so, the average rent price paid by renters in Freehold is 1,884, according to recent statistics.


Diversity And Demographics In Freehold, New Jersey

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Freehold, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Freehold is 43, split between 49.4 percent male versus 50.6 female. The percentage of residents who report being married in Freehold is 55.8, with an average family size of 3.26.

The percentage of residents who report their race in Freehold is as follows:

White 83%
Black / African American 5.2%
Asian 7.3%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0.3%
Multi-racial 2.4%
Other 1.7%

Looking for family-friendly neighborhoods in and/or near Freehold? Or maybe you are searching for 55+ active adult communities in and/or near Freehold?

The percentage of residents who report their age in Freehold is as follows:

Under 10 10.2%
Aged 10-19 13.8%
20s 11.8%
30s 10.8%
40s 12.2%
50s 19.2%
60s 9.5%
70s 7.9%
80+ 4.6%

Best Schools In Freehold, New Jersey

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Freehold with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Freehold.


Pros And Cons Of Living In Freehold, New Jersey

How do you know that living in -- or moving to -- Freehold is right where you need to be? Perhaps you grew up in Freehold or already live nearby; therefore, the decision to buy a home in Freehold is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Freehold for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Freehold:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Freehold.


Reasons To Move To Freehold, New Jersey, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Freehold can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Freehold, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Freehold, NJ


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