Downtown Freehold Launches Metered Parking; Will it Affect Business?

FREEHOLD, NJ – One of the benefits of having a night out in Downtown Freehold was that, unlike other busy area entertainment centers, parking was free.

This week, officials launched parking meters that will charge $1 per hour to park. They say it’s a way to generate revenue for future improvements and upkeep. At 5 pm, the rate doubles to $2 per hour.

Considering most restaurants will run you about $100 a person in the area, is $2 per hour going to break the bank for visitors or is it just a matter of convenience and principal?

One of the places that has gone metered parking is the popular Market Yard parking lot right behind a row of popular downtown restaurants. The lot can be busy at times, but for business, that is good news.

“The Borough has been talking about establishing a paid parking program for over five years. A recognized parking consultant was hired, & he recommended that the Borough establish a Parking Management System to make the best use of our limited parking assets,” the borough Parking Authority said in a statement. “Downtown Freehold has become a destination for people seeking to enjoy a night out with fine dining & entertainment; people want to come here. The Borough’s limited parking options are in high demand. Businesses have reported people coming to town, being unable to find parking & canceling reservations.”

The fine for not paying the meter, according to borough documents, is $35.

Charlie Dwyer
Charlie Dwyer is our New Jersey area news reporter. Dwyer reports on New Jersey news and events at the shore and beyond. Charlie covers New Jersey regional news. Charlie is a freelancer.

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