HomeNew JerseyMonmouth CountyFreehold borough
Freehold borough, New Jersey: commercial real estate data.
Freehold borough is a Census borough of 12,507 people across 1.93 square miles of land, in Monmouth County. Median household income is $85,707, 53.8 percent of occupied homes are owned, and the SBA record carries 105 7(a) approvals to borrowers here worth $53.1 m.
77 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Freehold
What Freehold is
- Census place typeborough
- Land area1.93 sq mi
- Water area0 sq mi
- Population per square mile of land6,473
- County holding the largest share of its areaMonmouth County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Freehold
How many people live in Freehold
- Population12,507
- Median age35.5
- Population under 183,505
- Share under 1828.0 percent
- Population 65 and over1,751
- Share 65 and over14.0 percent
- Households4,201
- Family households2,875
- Share of households that are families68.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Freehold
Income and work in Freehold
- Median household income$85,707 plus or minus $17,460
- Per capita income$35,668
- Civilian labor force6,430
- Employed5,903
- Unemployed527 plus or minus 237
- Unemployment rate8.2 percent plus or minus 3.6
- Adults 25 and over7,786
- Adults 25 and over with a high school diploma or higher83.6 percent
- Adults 25 and over with a bachelor degree or higher29.5 percent
- Adults 25 and over with a graduate degree9.4 percent plus or minus 2.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Freehold
Housing in Freehold
- Housing units4,379
- Occupied units4,201
- Vacant units178 plus or minus 100
- Vacancy rate4.1 percent plus or minus 2.3
- Owner occupied2,262
- Renter occupied1,939
- Ownership rate53.8 percent
- Median owner-occupied home value$416,800
- Median gross rent, monthly$1,832
- Annual rent as a share of median income25.7 percent plus or minus 5.5
- Single family units2,786
- Share single family63.6 percent
- Units in buildings of two or more1,560 plus or minus 344
- Share in buildings of two or more35.6 percent plus or minus 7.4
- Mobile homes14 plus or minus 20
- Median year structure built1960
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Freehold
How Freehold gets to work
- Workers 16 and over who commute5,314
- Commuting under 15 minutes2,033
- Share commuting under 15 minutes38.3 percent
- Commuting 30 minutes or more1,596 plus or minus 323
- Share commuting 30 minutes or more30.0 percent
- Drove alone58.5 percent
- Carpooled16.4 percent plus or minus 4.9
- Public transport4.1 percent plus or minus 1.9
- Walked5.0 percent plus or minus 3.8
- Worked from home9.2 percent plus or minus 2.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Freehold
SBA loans in Freehold (7(a))
- Approvals105
- Gross approval$53,134,200
- Average approval$506,040
- Median approval$220,000
- Ninetieth percentile approval$1,250,000
- Largest approval$4,500,000
- Jobs supported1,254
- Jobs per approval11.9
- Loans with a final outcome20
- Paid in full20
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term120 months
- Share on real estate terms of 20 years or more9.5 percent
- Share to franchises13.3 percent
- Distinct lenders36
- Distinct industries by NAICS63
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Freehold
SBA loans in Freehold (504)
- Approvals9
- Gross approval$18,571,000
- Average approval$2,063,444
- Median approval$1,231,000
- Largest approval$5,000,000
- Jobs supported180
- Loans with a final outcome1
- Charged off0
- Median term300 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Monmouth County, not Freehold
Monmouth County context, not Freehold figures
These are Monmouth County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Freehold measurements.
- Establishments in Monmouth County19,883
- Employment at those establishments, Monmouth County257,734
- Covered employment, Monmouth County274,000
- Average annual pay, Monmouth County$70,560
- Average weekly wage, Monmouth County$1,357
- Housing units permitted, Monmouth County2,782
- Of those, single family, Monmouth County2,151
- County product, 2024, Monmouth County$52,693,317,000
- County product change over the prior year, Monmouth County5.3 percent
- Average income of an arriving household, Monmouth County$138,672
Every figure in this section is published for Monmouth County as a whole and is not a measurement of Freehold. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Freehold questions, answered from the record.
How many people live in Freehold, New Jersey?
12,507, in 4,201 households. Freehold borough covers 1.93 square miles of land, which is 6,473 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Freehold in?
Monmouth County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Freehold?
$85,707. The median owner-occupied home is valued at $416,800. Median gross rent is $1,832 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Freehold businesses?
105 7(a) approvals totalling $53.1 m, across 36 lenders, median approval $220,000, plus 9 504 approvals worth $18.6 m. These count approvals to borrowers whose address is in Freehold, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Freehold borrowers get paid back?
Of the 20 loans that have reached a final outcome, 20 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Freehold figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Monmouth County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Freehold.
Is zoning published for Freehold?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.