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$640,000
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Property Description
Development Opportunity near downtown and convenient to everything. Freehold has confirmed that this property contains 4 lots (Block 103/Lots 17, 28,28,29 and 16.01). This is not in a flood zone. R-5 Zone allows 50-foot width, 6000sf lot size, 40% total lot coverage. One plan might be to create three 65 x 240 lots on Park Ave. Another would be to use lots as they exist and create an entry to the rear lot by using the middle (Lot 29). (or maybe apply for variance to have three 50 foot and one 45-foot lots--all with frontage on Park Avenue). Consider the possibilities., check the attached documents. Current structure, which is a single level Ranch with basement. There may be potential to use or rent it while applying for variance(s). Buyer responsible for C/O.
Full Property Details
Full Property Details for 385 Park Ave
General
- Sold For: $640,000
- Taxes: (2023)
- Status: Closed
- Type: Land Residential
- Source: Monmouth
- MLS ID: 22409932
- Added to Site: 681 day(s) ago
Location
- Area: Freehold Boro (FRB)
- Municipality: Freehold Boro (FRB)
- County: Monmouth
- Location Details: Near Bus Stop, Residential District, Subdivision
Utilities
- Gas: At Street
- Dist. to Gas: At Street
- Dist. to Electric: At Street
- Water/Sewer: Public Sewer at Street, Public Water at Street
- Cable Service: At Street
Lot Features
- Lot Size (Acres): 1.07
- Lot Size (Sq. Ft.): 46,609.2
- Lot Dimensions: 195 x 240
- Lot Features: Landscaped, Multi-Lot Subdivision, Possible Subdivision
- Zoning: Residential
Financial Considerations
- Price Per Acre: $653,271.03
- Assessment Amount: $407,600
- Tax Year: 2023
Disclosures and Reports
- Property ID: 16-00103-0000-00017
- Section: None
Listed and Sold by Berkshire Hathaway HomeServices Fox & Roach - Neptune City, Brian M Church
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Schools
Schools serving 385 Park Ave
School Districts:Freehold Borough School District, Freehold Regional School District
| Name | Grades | Distance |
|---|---|---|
Park Avenue Elementary School, Freehold, NJ 280 Park Avenue, Freehold, NJ 07728 | PK-5 | 0.3 mi |
Freehold Learning Center Elementary School 30 Dutch Lane Road, Freehold, NJ 07728 | PK-5 | 1.2 mi |
Intermediate School, Freehold, NJ 280 Park Avenue, Freehold, NJ 07728 | 6-8 | 0.3 mi |
Freehold Borough High School 2 Robertsville Road, Freehold, NJ 07728 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 385 Park Ave
Date
Details
Price
Change
Source
1/24/2025
Sold
$640,000
-8.44%
MLS
6/29/2024
Price Reduced
$699,000
-6.8%
MLS
4/12/2024
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
385 Park Avenue, Freehold, NJ 07728 (MLS# 22409932) is a Land Residential property that was sold at $640,000 on January 24, 2025. Want to learn more about 385 Park Avenue? Do you have questions about finding other Land Residential real estate for sale in Freehold? You can browse all Freehold real estate or contact a Coldwell Banker agent to request more information.

