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Sale Pending

551 Park Ave, Freehold, NJ, 07728

$389,900

Home List Price

$4,630*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,190 SqFt
$328/SqFt
House

Location

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551 Park Ave, Freehold$389,900

Buyer Closing Credits

$4,630*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Driveway, Direct Access
Attached Garage1 space
Year Built1965
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #22433424
Lot Size0.22 Acres
StatusSale Pending
(Pending)

About 551 Park Ave

3-Bedroom 1.5 bath Home with Great Potential! This home is full of possibilities and located just steps away from shopping, restaurants, and essential services. The property features a spacious layout with a garage, basement, and a large yard, offering plenty of room for expansion or customization. While the home could benefit from updates, it has good bones and is a solid investment opportunity. Whether you're seeking a rental property with great income potential or a professional office space in a prime location, this home is versatile and ready for transformation. With some TLC, this property could be a fantastic addition to your portfolio. Don't miss the chance to explore its possibilities—schedule a showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, Other - See Remarks
  • Year Built: 1965
  • Stories: 1
  • Living Area: 1,190 SqFt

Listing Office:

  • Office Name: Diane Turton, Realtors-Brick
  • Listing Agent: Marlene Mango

Interior Features

Interior Information:

  • Appliances: Washer, Oven, Dryer, Stove, Range Hood, Refrigerator, Garage Door Opener, Gas Range
  • Basement: Yes
  • Flooring Type: Vinyl, Tile, Wood
  • Interior: Attic

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Other

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Circular Driveway, Driveway, Direct Access

Lot Features

Lot Information:

  • Lot: Oversized Lot
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,900
  • Price Per SqFt: $328/SqFt

Tax Information:

  • Annual Amount: $4,470
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Freehold, NJ.

Med. Sold Price

$505K

Med. Price/SqFt

$313

Avg. Days On Market

25

# of Sold Homes

35

551 Park Ave vs Freehold

35 DAYS ON ROCKET

+10 Days

$389,900

-$115.1K Less

$328/SqFt

+$15 More

KEY TAKEAWAY

This property is $115.1K less than the Median Sold Price and $15/SqFt more than other homes in Freehold, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • MLS Number: #22433424

Listing Office:

  • Office Name: Diane Turton, Realtors-Brick
  • Listing Agent: Marlene Mango

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/26/2024, 5:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,470$186,700
2019$5,107$195,600
2018$5,108$189,100
2017$5,093$187,800

History based on county public records data.

Payment Calculator

$2,013

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,235

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1670168
4
/10
  • Park Avenue Elementary School

  • 280 Park Ave

  • 0.47 miles

  • Public District Grades PK-5

school-card-donut-1670169
6
/10
  • West Freehold School

  • 100 Castranova Way

  • 1.58 miles

  • Public District Grades KG-5

school-card-donut-1670170
6
/10
  • Laura Donovan School

  • 237 Stonehurst Blvd

  • 1.75 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,622. Typical income of Freehold, NJ residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Living In Freehold, NJ

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Freehold, NJ.

Freehold's housing market is diverse, offering a range of options from charming single-family homes to convenient apartment complexes and townhouses. The architectural styles vary, with a notable presence of colonial and Victorian homes that add to the town's historic charm. The market is primarily composed of single-family homes, which make up a significant portion of the housing stock, while the rest includes multi-family units that cater to different lifestyle needs. The homeownership rate in Freehold is robust, reflecting the community's commitment to long-term residency and stability.

What is it like to live in Freehold, NJ?

Freehold prides itself on its rich historical heritage and tight-knit community atmosphere. The town is celebrated for its well-preserved downtown area that hosts a variety of local events and festivals throughout the year, fostering a strong sense of community among residents. The blend of historical landmarks, scenic parks, and community activities contributes to Freehold's unique character, making it an attractive place for families and individuals who appreciate a blend of tradition and community engagement.

Is it easy to get around Freehold, NJ without a car?

The community is served by a number of public schools, including several elementary schools, middle schools, and a high school, as well as private educational institutions that offer alternative learning environments. Freehold's healthcare facilities provide a range of services, from primary care to specialized treatments, ensuring residents have access to quality medical care. The town also features a public library that serves as a resource and gathering place for the community. Retail and dining options reflect the local culture, with a mix of independent shops and eateries that showcase the town's culinary diversity.

Transportation in Freehold, NJ.

Transportation in Freehold includes a network of local and regional bus services that connect residents to nearby areas, with varying schedules to accommodate commuters and local travelers. While ride-sharing services are available, enhancing the mobility options for residents, the town also benefits from a layout that supports walkability, particularly in the downtown area. Major roads and highways are easily accessible, facilitating travel and commuting to larger neighboring cities. Efforts to improve transport efficiency and accessibility are ongoing, with plans to enhance the public transit system and road infrastructure.

Frequently Asked Questions About 551 Park Ave

What is the listing price of this property?

The listing price of 551 Park Ave property is $389,900.

What type of property is this?

The property 551 Park Ave is a house located in Freehold, New Jersey, 07728.

Is this property for sale now?

Sale Pending: 551 Park Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,470 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 551 Park Ave has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 551 Park Ave is 1,190 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 551 Park Ave is 1965.

Rocket HomesNew JerseyMonmouth CountyFreehold07728551 Park Ave

This home is located at 551 Park Ave in Freehold, NJ and zip code 07728. This 1,190 square foot home, which was built in 1965, sits on a 0.22 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $389,900.

In November 2024, from all listings sold in Freehold, NJ there were more than 13 sold above asking price, over 6 sold below and more than 16 were sold right at the asked price. Between October 2024 and November 2024, Freehold, NJ real estate market has seen decrease in the number of listings by 27.4%. Listings spent 25 days on the market in November 2024, and had a median list price of $505,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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