3228 Sayre Drive – Princeton Landing, Plainsboro, NJ Investor Opportunity – Tenant Occupied with Immediate Rental Income! Don’t miss this excellent investment opportunity in the highly desirable Princeton Landing community. This well-maintained 2-bedroom, 1-bath condominium is tenant occupied with a lease in place at $2,400 per month through May 31, 2027, providing stable, immediate cash flow from day one. This property is being offered exclusively for investors. Inside, you’ll find a bright and inviting floor plan featuring recessed lighting, window blinds, comfortable carpeting, and a private balcony. The updated kitchen offers granite countertops, a brand-new dishwasher, microwave, and a separate pantry closet, combining style with everyday functionality. The renovated full bathroom and the convenience of an in-unit washer and dryer—a rare feature in Princeton Landing—add even more value. The spacious living and dining areas create a comfortable setting, while the private balcony is perfect for relaxing with your morning coffee or evening tea. Residents enjoy access to outstanding community amenities, including The Smith Clubhouse, featuring a swimming pool, tennis courts, basketball courts, a playground, fitness center, and clubhouse. Trash and snow removal are included, making ownership virtually hassle-free. Ideally located in the award-winning West Windsor–Plainsboro School District, the property is just minutes from Princeton Junction Train Station, Princeton University, shopping, dining, and major highways. With a strong in-place lease, desirable location, and exceptional community amenities, 3228 Sayre Drive is a turnkey investment opportunity offering dependable rental income and long-term appreciation potential.
Under contract
$350,000
3228 Sayre Dr, Princeton, NJ 08540
2beds
0baths
964sqft
Condominium
Built in 1985
-- sqft lot
$344,900 Zestimate®
$363/sqft
$394/mo HOA
What's special
Private balconyUpdated kitchenBasketball courtsBrand-new dishwasherTennis courtsRecessed lightingSwimming pool
- 149 days
- 670
- 20
Zillow last checked:
Listing updated:
Listed by:
VARUN MANCHANDA 609-612-0684,
Weichert Realtors - Princeton
Source: Bright MLS,MLS#: NJMX2011600
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 0
- Main level bedrooms: 2
Rooms
- Room types: Living Room, Bedroom 2, Kitchen, Bedroom 1
Bedroom 1
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14 X 12
Bedroom 2
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11 X 11
Kitchen
- Level: Main
- Area: 104 Square Feet
- Dimensions: 8 X 13
Living room
- Level: Main
- Area: 204 Square Feet
- Dimensions: 12 X 17
Heating
- Forced Air, Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Cooktop, Washer, Electric Water Heater
- Laundry: Dryer In Unit, Washer In Unit, Has Laundry, In Unit
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 964
- Total interior livable area: 964 sqft
- Finished area above ground: 964
Property
Parking
- Parking features: Electric Vehicle Charging Station(s), Free, Unassigned, Parking Lot
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony
- Pool features: Community
Details
- Additional structures: Above Grade
- Parcel number: 180050103228C3228
- Zoning: PMUD
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: A-Frame
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Stucco
Condition
- New construction: No
- Year built: 1985
- Major remodel year: 2023
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available, Sewer Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Main Entrance Lock
- Subdivision: Princeton Landing
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Laundry, Pool, Tennis Court(s)
- Services included: Common Area Maintenance, Maintenance Grounds, Management, Parking Fee, Pool(s), Recreation Facility, Snow Removal, Trash
- HOA fee: $394 monthly
- HOA name: FORRESTAL VILLAGE COMMUNITY SERVICE ASSOCIATION
Location
- Region: Princeton
- Municipality: PLAINSBORO TWP
Financial & listing details
- Price per square foot: $363/sqft
- Tax assessed value: $199,300
- Annual tax amount: $5,513
- Date on market: 4/8/2026
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional
- Ownership: Condominium
Estimated market value
$344,900
$328,000 - $362,000
$2,615/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Contingent | $350,000$363/sqft |
Source: | ||
| 7/23/2026 | Listed for sale | $350,000$363/sqft |
Source: | ||
| 5/19/2026 | Contingent | $350,000$363/sqft |
Source: | ||
| 4/8/2026 | Listed for sale | $350,000+9.4%$363/sqft |
Source: | ||
| 6/3/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/19/2024 | Price change | $2,399-2.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/30/2024 | Price change | $2,450+4.3%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/17/2024 | Price change | $2,350+3.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/2/2024 | Price change | $2,275-7.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/18/2024 | Price change | $2,449-4%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/4/2024 | Price change | $2,550-1.9%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/28/2024 | Listed for rent | $2,600+62.5%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/26/2024 | Sold | $320,000-2.4%$332/sqft |
Source: | ||
| 1/20/2024 | Contingent | $328,000$340/sqft |
Source: | ||
| 1/20/2024 | Pending sale | $328,000$340/sqft |
Source: | ||
| 10/17/2023 | Listed for sale | $328,000+64%$340/sqft |
Source: | ||
| 5/9/2020 | Listing removed | $1,600$2/sqft |
Source: Keller Williams Princeton Real Estate #NJMX123130 Report a problem | ||
| 1/11/2020 | Listed for rent | $1,600+3.2%$2/sqft |
Source: Keller Williams Real Estate-Princeton #NJMX123130 Report a problem | ||
| 6/25/2015 | Listing removed | $1,550$2/sqft |
Source: Keller Williams - Princeton #6570879 Report a problem | ||
| 5/11/2015 | Listed for rent | $1,550+6.9%$2/sqft |
Source: Keller Williams Real Estate-Princeton #6570879 Report a problem | ||
| 4/18/2014 | Listing removed | $1,450$2/sqft |
Source: Keller Williams Real Estate-Princeton #6361873 Report a problem | ||
| 4/2/2014 | Listed for rent | $1,450+3.6%$2/sqft |
Source: Keller Williams Real Estate-Princeton #6361873 Report a problem | ||
| 1/23/2014 | Sold | $200,000+33.4%$207/sqft |
Source: Public Record Report a problem | ||
| 12/17/2013 | Listing removed | $1,400$1/sqft |
Source: Keller Williams Real Estate-Princeton #6269130 Report a problem | ||
| 9/21/2013 | Price change | $1,400-6.7%$1/sqft |
Source: Keller Williams Real Estate-Princeton #6269130 Report a problem | ||
| 8/24/2013 | Listed for rent | $1,500+3.4%$2/sqft |
Source: Keller Williams Real Estate-Princeton #6269130 Report a problem | ||
| 4/19/2011 | Listing removed | $1,450$2/sqft |
Source: MJ Lancaster Group LLC #5863980 Report a problem | ||
| 5/12/2004 | Sold | $149,900$155/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,100 | $199,300 |
| 2024 | $5,100 +2.4% | $199,300 |
| 2023 | $4,979 +1.4% | $199,300 |
| 2022 | $4,909 +2.1% | $199,300 |
| 2021 | $4,809 | $199,300 |
| 2020 | -- | $199,300 |
| 2019 | $4,558 +2.9% | $199,300 |
| 2018 | $4,428 +4.6% | $199,300 |
| 2017 | $4,233 -3.8% | $199,300 |
| 2016 | $4,402 +1% | $199,300 +14.3% |
| 2015 | $4,358 +0.6% | $174,400 |
| 2014 | $4,330 -5.5% | $174,400 -9.2% |
| 2012 | $4,583 +5.4% | $192,000 |
| 2011 | $4,349 +5.4% | $192,000 |
| 2010 | $4,124 +5.8% | $192,000 |
| 2009 | $3,898 | $192,000 |
| 2008 | -- | $192,000 |
| 2007 | -- | $192,000 |
| 2006 | -- | $192,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 08540
Nearby schools
Schools provided by the listing agent
- Elementary: Millstone River School
- Middle: Community
- High: High School North
- District: West Windsor-plainsboro Regional
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








