Investor Alert! This spacious Colonial home offers over 1,800 square feet of living space and is already generating income with a reliable long-term tenant in place since 2020. With an annual rent roll exceeding $24,000 and a lease secured through December 31,2026 plus an option to renew, this property is a turnkey opportunity for any investor looking to expand their portfolio. The home features three bedrooms and a generous six-room layout, along with off-street parking via a private driveway and an unfinished attic that provides additional storage. Located outside of any flood zone, the property offers peace of mind and long-term stability. Its prime location ensures easy access to mass transportation, schools, shopping, and major highways. Just 5.6 miles from the nearest train station and 6.6 miles from New Brunswick Train Station, tenants enjoy a direct route into New York City making this an attractive rental for commuters. Opportunities like this don't come often, schedule your showing today and take the next step toward building your real estate portfolio!
For sale
Price cut: $15K (11/6)
$484,900
138 Washington Rd, Sayreville, NJ 08872
3beds
--sqft
Est.:
Single Family Residence
Built in 1920
7,300.66 Square Feet Lot
$500,700 Zestimate®
$--/sqft
$-- HOA
What's special
Spacious colonial homeGenerous six-room layoutThree bedrooms
- 116 days |
- 1,848 |
- 41 |
Zillow last checked: 8 hours ago
Listing updated: January 25, 2026 at 06:07am
Listed by:
PATRICK FOX,
AMERICAN REALTY SERVICE GROUP, 973-258-0888
Source: All Jersey MLS,MLS#: 2605817R
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Dining room
- Features: Formal Dining Room
Kitchen
- Features: Granite/Corian Countertops, Eat-in Kitchen
Basement
- Area: 0
Heating
- Radiant, Radiators-Steam
Cooling
- Ceiling Fan(s), None
Appliances
- Included: Gas Range/Oven, Microwave, Refrigerator, See Remarks, Range, Gas Water Heater
Features
- Kitchen, Bath Half, Living Room, Dining Room, 3 Bedrooms, Attic
- Flooring: Ceramic Tile, See Remarks, Wood
- Basement: Crawl Space, None
- Has fireplace: No
Interior area
- Total structure area: 0
Video & virtual tour
Property
Parking
- Parking features: 1 Car Width, Driveway
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch, Enclosed
- Exterior features: Open Porch(es), Enclosed Porch(es)
Lot
- Size: 7,300.66 Square Feet
- Dimensions: 100.00 x 71.00
- Features: Irregular Lot, Level
Details
- Parcel number: 1900066000000040
- Zoning: R7
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Roof: Asphalt
Condition
- Year built: 1920
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Location
- Region: Sayreville
Financial & listing details
- Tax assessed value: $126,900
- Annual tax amount: $7,533
- Date on market: 10/11/2025
- Ownership: Fee Simple
Estimated market value
$500,700
$476,000 - $526,000
$3,398/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2025 | Price change | $484,900-3% |
Source: | ||
| 10/12/2025 | Listed for sale | $499,900+151.2% |
Source: | ||
| 1/28/2020 | Listing removed | $1,950 |
Source: WRI Property Management Report a problem | ||
| 1/4/2020 | Listed for rent | $1,950 |
Source: WRI Property Management Report a problem | ||
| 6/12/2012 | Listing removed | $199,000 |
Source: ERA Jersey Homes Realty #205904 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,747 | $126,900 |
| 2024 | $7,747 +2.8% | $126,900 |
| 2023 | $7,533 +7.1% | $126,900 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,258/mo
Principal & interest
$2353
Property taxes
$735
Home insurance
$170
Climate risks
Neighborhood: MacArthur Manor
Nearby schools
GreatSchools rating
- 5/10Wilson Elementary SchoolGrades: K-3Distance: 0.5 mi
- 5/10Sayreville Middle SchoolGrades: 6-8Distance: 2.1 mi
- 3/10War Memorial High SchoolGrades: 9-12Distance: 2.4 mi
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