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For sale
  • $999,000

    27 Spring Street, Freehold, NJ 07728

    5beds
    2,680sqft
    : 
    Multi Family
    Built in 1905
    -- sqft lot
    $989,000 Zestimate®
    $373/sqft
    $-- HOA

    What's special

    Soaring ceilingsIntricate millworkClassic architectural detailsDesigner-renovated bathroomWide plank floorsRefreshed landscapingTwo beautifully remodeled kitchens
    Exceptional investment opportunity in the heart of Freehold! This distinctive Victorian three-family property blends historic character with modern upgrades, offering strong, reliable income just steps from downtown shopping, dining, and schools.The property features three fully leased units with a solid rental history: two 1-bedroom, 1-bath apartments on the first and second floors, plus a spacious 3-bedroom, 1.5-bath residence spanning two levels. Each unit has their own private entrance and is equipped with its own washer and dryer, providing added convenience for tenants. Recent improvements enhance both value and appeal, including two beautifully remodeled kitchens with Corian countertops and stainless steel appliances, updated flooring, and a designer-renovated bathroom in the - largest unit. The entire home has been professionally painted, and exterior upgrades include refreshed landscaping and new lighting surrounding the private, paved parking area behind the home. Meticulously maintained by the current owner, this property preserves its original Victorian elegance -- from wide plank floors , soaring ceilings to intricate millwork and classic architectural details -- while delivering the modern updates today's tenants appreciate. A rare opportunity to own a turn-key, income-producing property in a prime location.
    24 days
    |
    1,874
    |
    57
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 12, 2026 at 07:09am

    Listed by:

    Michelle Lorme 732-768-1188,

    Real Broker, LLC- Red Bank

    Source: MoreMLS,MLS#: 22604312MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Cooling
      • Other
      Features
      • Flooring: Other
      • Basement: Partial
      Interior area
      • Total structure area: 2,680
      • Total interior livable area: 2,680 sqft

      Property

      Parking
      • Parking features: Off Street, None, Assigned
      Features
      • Stories: 2
      • Exterior features: Lighting
      Details
      • Parcel number: 1600043000000011
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • New construction: No
      • Year built: 1905

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Freehold

      Financial & listing details

      • Price per square foot: $373/sqft
      • Tax assessed value: $695,300
      • Annual tax amount: $13,941
      • Date on market: 3/12/2026
      • Tenant pays: Hot Water

        Estimated market value

        $989,000

        $940,000 - $1.04M

        $2,787/mo

        Price history

        Price history
        DateEventPrice
        3/12/2026Listed for sale$999,000$373/sqft
        Source: MoreMLS #22604312 Report a problem
        2/21/2026Listing removed$999,000$373/sqft
        Source: MoreMLS #22604312 Report a problem
        2/18/2026Listed for sale$999,000+53.7%$373/sqft
        Source: MoreMLS #22604312 Report a problem
        2/9/2024Sold$650,000-12%$243/sqft
        Source: MoreMLS #22331686 Report a problem
        1/4/2024Pending sale$739,000$276/sqft
        Source: MoreMLS #22331686 Report a problem
        12/16/2023Listing removed--
        Source: MoreMLS #22331686 Report a problem
        12/14/2023Listed for sale$739,000$276/sqft
        Source: MoreMLS #22331686 Report a problem
        12/1/2023Pending sale$739,000$276/sqft
        Source: MoreMLS #22331686 Report a problem
        11/15/2023Listed for sale$739,000+30.8%$276/sqft
        Source: MoreMLS #22331686 Report a problem
        7/30/2021Sold$565,000+42.5%$211/sqft
        Source: MoreMLS #22108966 Report a problem
        1/22/2020Listing removed--
        Source: Auction.com Report a problem
        12/14/2019Price change$396,3600%$148/sqft
        Source: Auction.com Report a problem
        12/8/2019Price change$396,3900%$148/sqft
        Source: Auction.com Report a problem
        12/4/2019Price change$396,391+17.6%$148/sqft
        Source: Auction.com Report a problem
        12/1/2019Price change$336,976-0.4%$126/sqft
        Source: Auction.com Report a problem
        11/27/2019Price change$338,224-0.1%$126/sqft
        Source: Auction.com Report a problem
        11/25/2019Price change$338,484-0.2%$126/sqft
        Source: Auction.com Report a problem
        11/23/2019Price change$339,037-0.4%$127/sqft
        Source: Auction.com Report a problem
        11/19/2019Price change$340,3790%$127/sqft
        Source: Auction.com Report a problem
        11/18/2019Price change$340,455-0.7%$127/sqft
        Source: Auction.com Report a problem
        11/14/2019Price change$342,792-0.1%$128/sqft
        Source: Auction.com Report a problem
        11/11/2019Price change$343,059+0.1%$128/sqft
        Source: Auction.com Report a problem
        11/10/2019Price change$342,6230%$128/sqft
        Source: Auction.com Report a problem
        11/9/2019Price change$342,677+0.1%$128/sqft
        Source: Auction.com Report a problem
        11/6/2019Price change$342,350+0.2%$128/sqft
        Source: Auction.com Report a problem
        11/4/2019Price change$341,822-0.2%$128/sqft
        Source: Auction.com Report a problem
        11/1/2019Listed for sale$342,532-27.1%$128/sqft
        Source: Auction.com Report a problem
        8/8/2005Sold$470,000$175/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$13,955 -4.6%$695,300 -4.6%
        2024$14,623 -1.2%$728,600 +3.2%
        2023$14,801 +12.3%$705,800 +26.3%
        2022$13,176 +30.9%$559,000 +45.6%
        2021$10,067 +4.3%$383,800 +3.3%
        2020$9,649 -0.7%$371,700 +2.1%
        2019$9,713 $364,100 +1.3%
        2018$9,713 +2.2%$359,600 +0.9%
        2017$9,502 +3.9%$356,500 -0.4%
        2016$9,145 +4.8%$357,900 -0.8%
        2015$8,730 +3.2%$360,900
        2014$8,456 +0.7%$360,900
        2013$8,395 +0.7%$360,900
        2012$8,337 +2.8%$360,900
        2011$8,106 +1.8%$360,900
        2010$7,965 +3.8%$360,900
        2009$7,676 $360,900
        2008-- $360,900
        2007-- $360,900
        2006-- $360,900
        2005-- $360,900 +157.4%
        2003-- $140,200
        2002-- $140,200
        2001-- $140,200

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $6,210/mo
        Principal & interest
        $4903
        Property taxes
        $1307
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          Climate risks

          Neighborhood: 07728

          Getting around

          84 / 100
          Very Walkable
          61 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Middle: Freehold

          Source: MoreMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

          Local experts in 07728

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