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Single Family ResidenceResidential
$450,364$346 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $230,000 on Oct 2, 2019

38 INSTITUTE ST

FREEHOLD, NJ 07728
3
Beds
1
Baths
1,303 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.23 ac
Lot SizeThe size of the land the home sits on, from county records.
1905
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$450K
$424K low$476K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$230,000 · Oct 2, 2019

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$7,854 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$433,400 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$248,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$185,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$391,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$433,400

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Colonial
CountyMONMOUTH
Lot (acres)The size of the land the home sits on, from county records.0.23
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 240 ft²Shed · 336 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Freehold Intermediate SchoolD+
Middle · Grades 6–8 · 0.6 mi
E
Park Avenue Elementary SchoolD+
Elementary · Grades PK–5 · 0.6 mi
H
Freehold Borough High SchoolC
High · Grades 9–12 · 0.9 mi

District: Freehold Borough School District

Neighborhood · ZIP 07728These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.63
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.101
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.84

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.31%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.6%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.57,851
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,144 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$113,014
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$140,645
Average tempThe average temperature here across a full year.53°F
Annual precipHow much rain and melted snow falls here in a typical year.48 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

38 Institute St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 88% of homes in Monmouth County
  • Costs less per square foot than 69% of homes in Monmouth County
  • Smaller than 80% of homes in Monmouth County
  • Older than 98% of homes in Freehold 07728

What homes are worth in Freehold 07728

Each bar is how many homes fall in that price range. The marker is this home.

This home
$229K$1.7M

This home is worth more than 23% of homes in Freehold 07728.

How it measures up in Freehold 07728

The dot is this home. The mark in the middle is the typical home in Freehold 07728.

Estimated value$450,364
CheaperTypical $661,347Pricier

Pricier than 23% of homes nearby

Price per ft²$346
CheaperTypical $345Pricier

Pricier than 51% of homes nearby

Living area1,303 ft²
SmallerTypical 1,826 ft²Bigger

Bigger than 22% of homes nearby

Lot size0.23 ac
SmallerTypical 0.29 acBigger

Bigger than 47% of homes nearby

Year built1905
OlderTypical 1984Newer

Newer than 2% of homes nearby

How 38 Institute St ranks against every home in each area.
MeasureThis homeFreehold 07728Monmouth County
Estimated valuepricier than$450,36423% of homes12% of homes
Price per ft²pricier than$34651% of homes31% of homes
Living areabigger than1,303 ft²22% of homes20% of homes
Lot sizebigger than0.23 ac47% of homes52% of homes
Year builtnewer than19052% of homes3% of homes

About 38 Institute St

How much is 38 Institute St, Freehold, NJ worth?

The TopHap Estimate for 38 Institute St, Freehold, NJ is $450,364 as of Sep 24, 2026. The likely range is $424,357 to $476,371. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 38 Institute St, Freehold, NJ last sell?

38 Institute St, Freehold, NJ last sold on Oct 2, 2019 for $230,000, according to the county's recorded deed.

How big is 38 Institute St, Freehold, NJ?

38 Institute St, Freehold, NJ has 3 bedrooms, 1 bathrooms, 1,303 square feet of living space and a 0.23-acre lot.

When was 38 Institute St, Freehold, NJ built?

38 Institute St, Freehold, NJ was built in 1905, making it 121 years old. It is a colonial home. The building has 2 stories.

What schools serve 38 Institute St, Freehold, NJ?

38 Institute St, Freehold, NJ is assigned to Freehold Intermediate School (middle), rated D+; Park Avenue Elementary School (elementary), rated D+; Freehold Borough High School (high), rated C. All sit in Freehold Borough School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 38 Institute St, Freehold, NJ compare to other homes in Freehold 07728?

Among the 17,496 homes in Freehold 07728, it is worth more than 23% of them ($450,364 against a typical $661,347), its price per square foot is higher than 51% of them ($346 against a typical $345), it is bigger than 22% of them (1,303 ft² against a typical 1,826 ft²), its lot is bigger than 47% of them (0.23 ac against a typical 0.29 ac) and it is newer than 2% of them (1905 against a typical 1984). Measured against all of Monmouth County, it is worth more than 12% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 38 Institute St, Freehold, NJ?

The 2025 property tax bill for 38 Institute St, Freehold, NJ was $7,854. The county assessed it at $433,400.

More homes on Institute St

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Assigned schools

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