Prospective homebuyers considering the real estate market had a range of options in various neighborhoods throughout the region during the week of Dec. 29 to Jan. 4. In this article, we outline recent property sales in Monmouth County, all of which featured properties at the price point of $1 million or under.
Below, we provide an overview of the top five properties in each area, chosen for their proximity to the desired price range and the largest living spaces.
Please note that the properties in the list below are for real estate sales where the title was recorded during the week of Dec. 29, even if the property may have been sold earlier.
1. $1000K, 5 bedrooms / 2 bathrooms
For a price tag of $999,999 ($499 per square foot), the single-family home, built in 1904 and located at 98 Mount Tabor Way, Ocean Grove, changed hands in December. The home spans 2,006 square feet of living area, with five bedrooms and two bathrooms. The property comprises a 1,860-square-foot lot. The deal was finalized on Dec. 3, 2025.

2. $995K, 3 bedrooms / 3 bathrooms
At $995,000 ($559 per square foot), the single-family residence located at 232 Valley Road, Neptune, offered another opportunity below the targeted price range when it changed hands in December. This property, built in 2019, provides 1,779 square feet of living space, featuring three bedrooms and three bathrooms, and sits on a 12,600-square-foot lot. The deal was closed on Dec. 2, 2025.

3. $929K, 4 bedrooms / 2 bathrooms
This single-family house, featuring four bedrooms and two bathrooms, underwent a change of ownership in December. Located at 72 Vanderveer Road, Freehold, the home spans 4,991 square feet and was sold for $929,000, or $186 per square foot. The property sits on a lot measuring a 0.7-acre, and it was built in 1930. The transaction was completed on Dec. 3, 2025.
4. $880K
In December, a condominium located at 43 Valiant Court, Middletown, changed ownership. The property, covering 2,928 square feet, was built in 2023 and was sold for $880,000, which calculates to $301 per square foot. The deal was closed on Dec. 3, 2025.

5. $875K, 3 bedrooms / 1 bathroom
Situated at 12 Hamilton Ave., Morganville, this single-family residence, with three bedrooms and one bathroom, was sold in December for a price of $875,000, translating to $391 per square foot. The property, constructed in 1963, offers a living area of 2,238 square feet and sits on a 0.5-acre lot. The transaction was completed on Dec. 2, 2025.

