FREEHOLD, NJ – The Freehold Township real estate scene is heating up fast, with multiple seven-figure sales and brisk turnover across all price ranges during the first week of February. From stately luxury estates to historic single-family homes, buyers are snapping up listings at a pace that suggests a highly competitive spring market ahead.
The priciest transaction so far was recorded at 21 Canterbury Drive, where a four-bedroom, four-bath colonial closed for $1,375,000 on February 2 — the same day it hit the market. The 3,723-square-foot home, represented by Suzanne Veninata of Douglas Elliman of New Jersey, sold instantly, signaling pent-up demand for move-in-ready high-end homes.
Not far behind was 323 Freehold Englishtown Road, a 4,113-square-foot residence featuring four bedrooms and four-and-a-half baths. That property sold for $1,220,000 after just 14 days on the market, with Anthony Guglieri of Prime Time Real Estate Inc. brokering the deal. Both closings underscore how Freehold’s upper-tier market remains one of the strongest in Monmouth County.
Mid-range homes snapped up within days
Buyers in the $500,000 to $800,000 range were equally aggressive, with several homes going under contract almost as soon as they were listed. A five-bedroom, five-bath property at 304 Dartmouth Way sold for $818,027 in 41 days, while a two-bedroom home at 4 Exeter Drive closed at $725,000 after less than two months on the market.
In Freehold Borough, a charming 1930s colonial at 12 Brinckerhoff Avenue drew rapid attention, selling for $550,000 in just 12 days. Similarly, 178 Dutch Lane Road — a five-bedroom property dating back to 1909 — sold in only four days for the same price, showing that both newer and vintage homes are drawing serious interest from buyers seeking space and location.
Condos and smaller properties keep pace
Condos and townhouses have also maintained steady movement. A three-bedroom home at 19-6 Remington Drive sold for $440,000 after a longer 128-day listing period, while 208 Daffodil Drive closed at $556,100 after only five days on the market. Another three-bedroom home, 14 Schiverea Avenue, built in 1948, sold for $510,000 following a 69-day listing.
- Luxury sales over $1M mark highlight Freehold’s strength
- Mid-range homes see bidding and fast closings
- Condo market stays active with consistent turnover
With million-dollar estates selling instantly and mid-range homes moving faster than ever, Freehold’s housing market shows no sign of cooling. Realtors expect continued competition through spring as limited inventory meets strong demand from buyers looking to settle in one of Monmouth County’s most sought-after suburban hubs.