Raceway RE Partners Acquires Historic Freehold Property to Lead Community-Centered Redevelopment Vision

Raceway RE Partners Acquires Historic Freehold Property to Lead Community-Centered Redevelopment Vision

FREEHOLD, N.J., June 11, 2025 /PRNewswire/ -- Raceway RE Partners is proud to announce the acquisition of the iconic 58-acre Raceway Park property in Freehold, New Jersey. This landmark transaction marks a significant milestone in the group's mission to thoughtfully…

Freehold Raceway sold, redevelopment plans begin

The basics: Raceway RE Partners acquires 58-acre Freehold Raceway site Plans include retail, dining, hotel and social club Vision focuses on walkability, family appeal, community benefit Developers working with local officials; public input planned The iconic Freehold Raceway property has a new owner. As NJBIZ reported, the 58-acre site, which housed horse racing for more than 170 years, shut down at the end of 2024. On June 11, Raceway RE Part…

Development group crafting plans for Freehold Raceway after acquiring iconic horse track – Real Estate NJ

Freehold Raceway at 130 Park Ave. in Freehold By Joshua Burd A development group has acquired the historic Freehold Raceway property, marking a first step toward repurposing the horseracing track after it succumbed to years of declining business. The buyer, Raceway RE Partners, did not provide specific plans this week after announcing the deal, but said its preliminary vision for the site includes a mix of retail, chef-driven dining and a boutiq…

Raceway RE Partners acquires Freehold’s Raceway Park for redevelopment

Raceway RE Partners announced the acquisition of the iconic 58-acre Raceway Park property in Freehold. This landmark transaction marks a significant milestone in the group’s mission to thoughtfully redevelop properties that reflect the history, spirit and evolving needs of the surrounding community. Raceway Park was the nation’s oldest half-mile harness racing track, which closed in 2024. “This land holds generations of memories — an incredible …

Raceway RE Partners acquires historic Freehold property – U.S. Trotting News

In a press release from PR Newswire, Raceway RE Partners announced Wednesday (June 11) that they have acquired Freehold Raceway.