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For sale
  • $999,000

    27 Spring Street, Freehold, NJ 07728

    5beds
    2,680sqft
    : 
    Multi Family
    Built in 1905
    -- sqft lot
    $991,100 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.
    6 hours
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    Zillow last checked:

    Listing updated:

    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: 2/18/2026
    • Tenant pays: Hot Water

    Estimated market value

    $991,100

    $942,000 - $1.04M

    $2,401/mo

    Price history

    Price history
    DateEventPrice
    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
    11/1/2019Price change$342,532+1.6%$128/sqft
    Source: Auction.com Report a problem
    10/29/2019Price change$337,141-0.1%$126/sqft
    Source: Auction.com Report a problem
    10/27/2019Listed for sale$337,612-28.2%$126/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
    $6,009/mo
    Principal & interest
    $4702
    Property taxes
    $1307

      Climate risks

      Neighborhood: 07728

      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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