Freehold, NJ

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Freehold short-term rental market based on reliable data.

Listings

14 / 55

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$33,439

Middle-Earners Revenue

Occupancy

49%

Middle-Earners Occupancy

Home Value

$647,566

Median Home Sale Price

Top Earners

$62,931

Top-Earners Revenue

Freehold

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Freehold.

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C

Challenging to Investors

Freehold Regulations

Only owner-occupied bed-and-breakfast residences are permitted via conditional use permit; traditional STRs are prohibited in residential zones. Strict operational limits (12-guest cap, breakfast-only, home-occupation rules) and multi-layer permitting add friction, and enforcement against nonconforming uses likely deters broader investor use.

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About Freehold

Freehold is a borough in Monmouth County, New Jersey, with a population of roughly twelve to thirteen thousand residents. It serves as the county seat of Monmouth County and operates as a regional commercial hub for central New Jersey, pairing a walkable, tree-lined historic core with the steady bustle of shopping centers and big-box retail along its outer corridors. The borough is best known as the site of the 1778 Battle of Monmouth, one of the largest engagements of the American Revolutionary War, and as the hometown of rock icon Bruce Springsteen. Freehold sits roughly forty-five miles south of New York City, a drive of about an hour depending on traffic, and is similarly within easy reach of both Philadelphia and the Atlantic coast.

Just outside the borough, Monmouth Battlefield State Park preserves the rolling farmland where Continental and British forces clashed on a sweltering June day in 1778. The park, one of the larger state-owned historic sites in New Jersey, offers a visitor center, several miles of walking trails through open fields and woodland, and the restored Craig House, traditionally associated with the legend of Molly Pitcher. It lies within about ten minutes of the borough center and draws history-minded visitors year-round.

A short distance in the other direction, the Freehold Raceway has been a fixture of local entertainment since the 1850s and is generally regarded as one of the oldest harness-racing tracks in the United States. Live racing nights and year-round simulcast wagering give it a distinctive character that sets it apart from the area's typical outdoor and beach attractions, and its central location makes it easy to combine an evening at the track with dinner downtown.

Freehold's location also makes it a convenient base for two very different day-trip options. About twenty-five minutes west, Six Flags Great Adventure in Jackson offers one of the largest theme-park and drive-through safari experiences on the East Coast. Roughly twenty to thirty minutes east, the Atlantic coast towns of Asbury Park, Long Branch, and the broader Jersey Shore provide boardwalks, beaches, and a music and dining scene that longtime fans of Springsteen's early years still find deeply recognizable.

This mix of Revolutionary-era history, longstanding entertainment traditions, retail convenience, and quick access to both New York City and the Shore gives Freehold an unusually broad appeal as a short-term rental base, especially for travelers who want a quieter, more affordable home than the coastal towns themselves while remaining close to nearly everything that draws visitors to central New Jersey.

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