Freehold, New Jersey
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What It Is Like to Retire in Freehold
Freehold is a township of about 31,000 people in New Jersey. Freehold Borough is the town in the center of the Township, childhood home to Bruce Springsteen. The Battle of Monmouth was fought in what has been preserved as Monmouth Battlefield State Park, which is in Freehold Township. Photo of Monmouth Battlefield State Park preserves a rural, eighteenth century landscape of orchards, fields, woods and wetlands encompassing miles of trails for hiking and horseback riding; picnic areas, and a restored Revolutionary War farmhouse entitled, the Craig House, courtesy of Wikipedia (public domain); photo of Walker-Combs-Hartshorne Farmstead courtesy of Wikipedia and Apc106 (public domain).
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Where to Retire in Freehold and Home Prices
The median home value in Freehold was $460,027 in mid-2021, a 21.4% rise over the past year, according to Zillow.
What Is Special about Freehold
Freehold has a diverse population, and offers a historical setting. Main Street made up of many old buildings built in the 1800's along with Victorian homes. It is also home to Freehold Raceway and a large shopping mall. Day trips can be taken to NYC and Philadelphia.
What Is Not Special about Freehold
High cost of living, winter, and not considered a walkable community.
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Who Will Like Retirement in Freehold
Those who would like to retire to a town rich in history with museums, festivals, parks, and outdoor activities for all four seasons would enjoy Freehold.
Local Economy Is Driven by
Public Administration, management, business and finance drive the economy.
Climate and Physical Environment
The average January temperature is 30 degrees and the average July temperature is 74 degrees. The average winter snowfall is about 25 inches.
Restaurants & Cultural Scene
Freehold is a historical town with a past that is rich in American Revoulion History. Monmouth Battlefield, where one of the largest battles took place, is now a preserved State Park for hiking, horseback riding or picnicing. Many of the buildings in town date back to the 1800's. The oldest building is St. Peter's Episcopal Church built in 1683. The Freehold Township Heritage Society helps to preserve and promote the town's historical past, and sponsers two annual festivals with Civil War re-enactors, farmhouse tours, along with weaving, and wool spinning demonstrations. Freehold is also home to Freehold Raceway, the nation's first harness racing track, which was opened in 1853, and still operates today. The town also offers dining, antique galleries and a large mall.
Crime
Freehold has a low crime rate.
Medical facilities
CentraState Medical Center
Transportation
Bus service is provided to NYC, Trenton, Newark and Philadelphia daily as there are many Freehold residents who are commuters. The closest airport is in Newark, about 35 miles away.
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