Downtown Freehold Brick Colonial
80 Court Street, Freehold, NJ 07728
Stately brick colonial office building in downtown Freehold.
Property size:
2,440 SFLot size:
0.42 AcresPrice / SF:
$282/SF- Added:
- Mar 5, 2026
- Days on Market:
- 73
- Last Refresh:
- Mar 16 at 11:03 am
Property Features for 80 Court Street
General Information
- Standard status
- Active
- Size
- 2,440 SF
- Lot size
- 0.42 Acres
Building Details
- Year Built
- 1900
Listing agent JANINE D DEL TUFO License #9807751
Listing office KELLER WILLIAMS REALTY CENTRAL MONMOUTH (732) 945-5253
Listing date Mar 5, 2026
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY CENTRAL MONMOUTH
HighLights
- Prime Downtown Freehold Boro location across from Monmouth County Court House.
- Stately all‑brick 11‑room Center Hall Colonial with old‑world charm.
- Huge lot with potential for future expansion.
- Abundant parking with wrap‑around driveway.
- Three entrances and a generator.
- Hardwood floors and generous room sizes.
Overview
Located in downtown Freehold, across the street from the Monmouth County Court House, this stately all-brick, 11-room center hall colonial has been used as a law office with other business specialties for many decades. The property exudes old-world charm and character, featuring an interior vestibule leading to a gracious foyer and elegant staircase. A wood-burning fireplace with built-in shelves on each side adds to the ambiance. The property includes a kitchen, two bathrooms (one on the first and second floors), a full basement, and a large walk-up attic. There are three entrances, a generator, lots of closets, and hardwood floors. The floor plan is classy, with generous room sizes. The property has abundant parking spots with a wrap-around driveway and the rest of the open large yard that may have tremendous potential for future expansion. It offers easy access to Routes 9 and 33. The building size is 2440 square feet.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$414.8K
NOI $37,332 @ 9.00% cap · cautious / downside scenario
Moderate
$533.3K
NOI $37,332 @ 7.00% cap · market / base-case scenario
Aggressive
$746.6K
NOI $37,332 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.2k | $30.00 |
| − Vacancy | −$23.4k | −$9.60 |
| EGI | $49.8k | $20.40 |
| − OpEx | −$12.4k | −$5.10 |
| NOI | $37.3k | $15.30 |
2,440 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$533.3K
$466.7K – $622.2K
NOI $37,332 @ 7.0% cap · market cap 5.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$637.1K
$557.5K – $743.3K
NOI $44,599 @ 7.0% cap · market cap 6.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Freehold
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.2789543
- Latitude
- 40.2632976
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Stately brick colonial office building in downtown Freehold.
Where is this office building located?
The property is located at 80 Court Street Freehold, NJ.
What is the asking price?
The asking price for this property is $689,000.
What are key features of this property?
This property features: Prime Downtown Freehold Boro location across from Monmouth County Court House.; Stately all‑brick 11‑room Center Hall Colonial with old‑world charm.; Huge lot with potential for future expansion.
