For sale

$450,000

38 Hemlock Way, Freehold, NJ 07728

2beds

--sqft

Est.:

Condominium

Built in 1994

-- sqft lot

$456,800 Zestimate^®

$--/sqft

$338/mo HOA

What's special

Spacious layoutSliders to outdoor space

Beautifully situated in Freehold's desirable gated Raintree community, this 2 bedroom, 2.5 bath condo has been lovingly maintained by the original owner and is ready for its next chapter. Spacious layout with great bones, ideal for buyers looking to update and make it their own. First floor offers open living/dining area, kitchen, powder room, and sliders to outdoor space; upstairs features 2 generously sized bedrooms each with its own bath. Enjoy resort-style amenities including clubhouse, pool, fitness room, 9-hole golf course, tennis, and more, plus low-maintenance living with exterior maintenance, lawn care, and snow removal included. Tremendous potential in one of Freehold's most sought-after communities.

3 days

1,324

45

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Natural Gas, Forced Air

Cooling

Central Air

Property

Parking

Total spaces: 1
Parking features: Common, Driveway
Attached garage spaces: 1
Has uncovered spaces: Yes

Features

Stories: 2

Details

Parcel number: 1700086090000138s03

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Aluminum Siding
Foundation: Slab

Condition

Year built: 1994

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Subdivision: Raintree

HOA

Has HOA: Yes
Services included: Common Area, Lawn Maintenance
HOA fee: $338 monthly

Location

Region: Freehold

Financial & listing details

Tax assessed value: $488,200
Annual tax amount: $8,309
Date on market: 3/17/2026
Inclusions: Washer, Dishwasher, Dryer, Refrigerator, Gas Cooking
Exclusions: All personalty

Estimated market value

$456,800

$434,000 - $480,000

$3,400/mo

Price history

Date	Event	Price
3/17/2026	Listed for sale	$450,000+246.7%
Source: MoreMLS #22606837 Report a problem
12/27/1993	Sold	$129,800
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,695 +18.6%	$488,200 +18.6%
2024	$7,332 -1.4%	$411,700 +3.2%
2023	$7,434 +5.6%	$398,800 +14.1%
2022	$7,042 +3.6%	$349,500 +10.8%
2021	$6,800 +4.5%	$315,400 +2.5%
2020	$6,507 +8.6%	$307,800 +3.4%
2019	$5,989	$297,800 +3.1%
2018	$5,989 -2.8%	$288,800 +7.4%
2017	$6,162 +2.1%	$268,800 +1.2%
2016	$6,037 +7.7%	$265,700 +0.8%
2015	$5,607 +2.8%	$263,500 +12.3%
2014	$5,454 -0.8%	$234,700
2013	$5,496 -9.3%	$234,700 -13%
2012	$6,057 +3.6%	$269,700 -11.5%
2011	$5,844 +2.7%	$304,700
2010	$5,689 +17.6%	$304,700
2009	$4,838	$304,700 +123.9%
2008	--	$136,100
2007	--	$136,100
2006	--	$136,100
2005	--	$136,100
2003	--	$136,100
2002	--	$136,100
2001	--	$136,100