40 Martha Street, Freeport, NY 11520

$749,000 · 4 bed · 3 bath · 1,308 sq ft · built 1954 · MLS# 1020410 · Active

Welcome to this well-maintained residence available in the desirable Freeport neighborhood, designed for comfortable living and effortless entertaining. The main level features a sunlit living room and an open-concept kitchen equipped with an oversized countertop, stainless steel appliances, and a gas stove. The adjacent dining area includes sliding glass doors providing direct access to the deck. The second floor comprises a primary bedroom with hardwood floors and ample natural light, a second bedroom, and a full bathroom. The third floor offers an additional large bedroom, while a fourth bedroom features…

Single-family homes in the Freeport Union Free School District sold for a median of $685,000 (typically $585,000–$755,000) across 162 recorded sales between Oct 10, 2025 and Oct 1, 2026, up 7% on the 12 months before. This home's $749,000 list price sits in the upper single-family tier for the Freeport Union Free School District.

ZIP 11520 has about 3.9 months of single family inventory — seller's market. Demand is outpacing supply, so homes sell quickly with firm pricing and limited room to negotiate.

At about $13,952 a year, this home's property tax runs roughly 16% above the $12,000 typical for Freeport Union Free School District. Nassau assessments run on a multi-year cycle, so the assessed value behind this bill can lag what the home actually sells for today. A sale does not automatically reset it, and exemptions such as STAR, Senior or Veteran move the number as well — a new owner's bill is often not the same as the seller's.

OneKey MLS (recorded LI sales, trailing 12mo) + actual tax