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Property profile & analytics

22 Center St Freehold, NJ 07728

  • Commercial real estate
  • 3,200 SF
  • 0.31 lot acres
Value Estimation
Location Intelligence
Property ID
US59-2605592
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 22 Center St

Year built
1955
Construction
BRICK
Lot size
0.31 lot acres
Property size
3,200 SF
Zone code
6306
Property type
Commercial real estate
APN
16 00062-0000-00020
APU
1600062000000020

Description

This exceptional 3,200 square foot commercial building is ideally situated in the vibrant heart of Freehold Borough's commercial district, offering unparalleled convenience and accessibility. Located on Center Street, Unit 22, this property enjoys close proximity to Main Street, a wealth of restaurants, and various retail establishments, ensuring high visibility and foot traffic. The property sits on a 0.31-acre lot and includes a dedicated parking lot, eliminating parking hassles for both employees and customers. Furthermore, the building is within easy walking distance of a municipal parking lot, providing additional parking options. Recent upgrades and meticulous maintenance are evident throughout the building, showcasing a commitment to quality and longevity. These improvements include the installation of brand new windows throughout the structure, a newer roof, and a reliable generator, ensuring year-round operational efficiency and peace of mind. The property's versatile commercial zoning allows for a wide range of business uses, making it an adaptable and attractive investment opportunity. This building presents a unique chance to establish or expand your business in a thriving commercial hub. The asking price is $900,000. Don't miss this opportunity to secure a prime commercial space in a highly desirable location. Schedule a viewing today to explore the possibilities this property offers.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $350,000
  • CAP approach

    CAP return
    Estimation
    6%
    $420,000
    6.5%
    $470,000
    7%
    $480,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $480,000
    Geo Method
    $480,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $520,000
    Retail
    $430,000
    Mixed-Use
    $425,000
    Hospitality
    $460,000
    Educational
    $540,000
    Residential Income
    $535,000
    Energy
    $525,000
    Income-Based Land
    $405,000
    Food Service
    $455,000

Location Insight

  • Map
  • Local Demand
City
Freehold
County
Monmouth
State
New Jersey
Longitude
-74.2708
Latitude
40.2606
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$13,367
$405,800
$245,300
$651,100
-
$405,800
$245,300
$651,100
More about this property
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