Officers found Yao Chen, 39, in the street in front of his residence, conscious and attempting to move about, with his hands bound.
Chen was bleeding profusely from multiple knife injuries to his body, including severe injuries to his neck and abdomen. He was transported to Jersey Shore University Medical Center where he later died.
Inside the house, police found Yun Juan Chen, 28, dead in a bedroom. She also sustained injuries during the armed robbery.
The two victims were brother and sister.
While responding to the crime scene, police received information that there were two young Asian males on Main Street in Freehold Borough who appeared to have recently been in an altercation.
Officers located the two men near Route 9 and took them into custody. They were identified as Dong Biao Lin, 24, and Zeng Liang Chen, 20, of New York City.
The investigation revealed that Lin had worked previously in a Freehold-area restaurant owned by the Chen family.
Police said the two men broke into the home, believing that they would find a significant quantity of cash.
Lin and Chen attacked the victims inside the home before fleeing the scene, police said.
Other members of the Chen family were working at the restaurant at the time of the break-in.
Lin and Chen are each charged with two counts of first degree Murder and first degree Felony Murder. The two men are also charged with one count each of third degree Possession of a Weapon for an Unlawful Purpose, second degree Armed Burglary and first degree Armed Robbery.
Due to the existence of special factors provided under New Jersey Law, both men, if convicted will be facing the possibility of life in prison without parole.
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