Getting Allen-Edmonds dress shoes at $150 is a good value. Most of my "good" shoes are A-Es purchased for somewhere in that price range.
HOWEVER, I consider the shoe under consideration a questionable choice in black. It just doesn't fit in too well. A split toe blucher is a little sporty for wear with a suit...at least if you move in the company of sartorially discerning men (which is really pretty small)--99.999 percent of the population would probably deem those shoes just fine for wear with a suit. For more casual wear--as with a sport coat or with a sports shirt and slacks without a tie--I have increasingly come to regard black shoes as sort of subpar.
For example, a couple of years before my tastes were refined by hanging around these fora, I bought the Allen-Edmonds Bradley, which is very similar to the shoes you are looking at, in both chili and black. I love the pair in chili and wear them as often as my extensive shoe rotation permits, but I very seldom wear the black pair and rather rue having spent the money on them.
Others on this forum are more positive about black shoes in more casual situations. In brief, they are good quality shoes at a fair price and will serve you well, but given my current taste in shoddings, I'd pass on them.
The Fremont must be a fairly old style. Does anyone know when they were in production?