Yes, I did include it in my "shopping" section, because it is one of the two major shopping areas in the area, but if you're going to go to a mall, stay away from this pathetic place and try going to the Monmouth, Woodbridge, or Menlo Park Malls.
Fun Alternatives: Monmouth Mall.
Yes, it's what's known most about Freehold, and yes, it's a famous race track.
While I may not be the biggest racing fan myself, even avid racing fans will most likely feel this racetrack crowded, small, cramped, and old. Want good horse racing? Go to the Meadowlands, plain and simple.
Unique Suggestions: Bet.
Fun Alternatives: Meadowlands.