Freehold, NJ – In a press release from PR Newswire, Raceway RE Partners announced Wednesday (June 11) that they have acquired Freehold Raceway.
According to the press release, “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 redevelop properties that reflect the history, spirit, and evolving needs of the surrounding community.
“Raceway RE Partners has deep roots in the local community and proudly operates several area businesses that employ many dedicated local residents. With this foundation, the group is committed to delivering lasting value—not only through physical development but through meaningful community engagement and giving back.
“The preliminary vision for the site includes beautifully integrated multi-use retail, chef-driven dining, and a boutique hotel and social club—designed around walkability, family experience, and long-term community benefit. Raceway RE Partners is actively working with township leadership and local stakeholders to ensure that plans are shaped in a way that respects both the site’s historic significance and the needs of Freehold’s future.”
For more information, contact:
Jake Lebowitz
Raceway RE Partners
Phone: (732) 313-3740
Email: info@racewayrepartners.com
To read the complete release on PR Newswire, click here.