Closed$3,300
TLC ≈ $275/mo
3 2 1,626 sqft
48 Johnson Place, South River, NJ 08882
21 Elm Place, Milltown, NJ 08850
$699,000
3 beds 2 baths 1,874 sqft Built 19380 days on marketActive
About this home
Step into the timeless charm of this one-of-a-kind custom-built 1923 Colonial, offering classic character and endless potential. The first floor features a welcoming living room with a fireplace, a cozy sitting room, formal dining room, spacious eat-in country kitchen, convenient powder room, and a screened-in porch perfect for relaxing and enjoying the peaceful surroundings. The second floor offers three generously sized bedrooms, two of which feature their own private sitting rooms, providing flexible space for a home office, reading nook, or nursery. Stairs access to the expansive attic presents an excellent opportunity to create a luxurious primary suite, guest quarters, or additional living space. A picturesque backyard that gently slopes to Farrington Lake, where you can launch your canoe or kayak and enjoy waterfront living right from your own property. Ideally located near major highways, NJ Transit, bus lines, and Newark Liberty International Airport, this home also offers easy access to downtown New Brunswick's acclaimed restaurants, theaters, and entertainment. Minutes from Rutgers University, Robert Wood Johnson University Hospital, and Saint Peter's University Hospital, all while enjoying the charm and close-knit community of desirable Milltown. A truly special property combining historic character, scenic beauty, and an unbeatable location.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.
Your estimated payment
$6,937/mo
- Real estate (PITI + HOA + PMI)
- $6,639
- Utilities
- $676
- Transportation
- $127
- Other (entertainment)
- $140
Principal + interest$4,503
Property tax + insurance$1,874
PMI / 2nd mortgage$262
Heating + cooling$185
Internet + TV + phone$140
Water + sewer + garbage$58
Car insurance + maintenance$127
Budget$7,437/mo
Remaining after TLC$500/mo
Purchase price
$699,000
Down payment
$34,950 (5%)
Loan amount
$664,050
APR
7.19%
Quick facts
Type
Single Family Residence
Style
Colonial, Custom Home
Year built
1938
Lot size
0.6093 ac
Stories
2
Heating
Radiators-Hot Water
Cooling
Wall Unit(s)
Water
Public
HOA
—
Annual tax
$14,076
MLS #
2700828R
County
Middlesex
At a glance
Fireplace
Basement
Garage (1)
Dishwasher
Home features
Appliances
DishwasherDryerGas Range/OvenRefrigeratorWasherGas Water Heater
Interior
Cedar Closet(s)Entrance FoyerKitchenBath HalfLiving RoomOther Room(s)Dining Room3 BedroomsBath MainAttic
Exterior
PatioEnclosed Porch(es)SidewalkFencing/WallYard
Community
Sidewalks
Parking
1 Car WidthGarageAttached
Patio & porch
PatioEnclosed
Fireplace
Wood Burning
Kitchen
Country KitchenEat-in Kitchen
Dining
Formal Dining Room
Master bedroom
Sitting Area
Flooring
Wood
Roof
Slate
Sewer
Public Sewer
Ownership
Fee Simple
Lot features
Near Train, Waterview, Wooded, Near Public Transit
Neighborhood — 08850
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 7,742 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 2.00% | 14.00% | 20.00% |
| Population Density | 2,621 | 1,137 | — |
| Male | 3,748 | 4,307,827 | 147,432,321 |
| Female | 3,994 | 4,525,010 | 151,655,844 |
| Never Married | 1,617 | 1,965,811 | 63,775,926 |
| Married | 3,625 | 3,647,435 | 123,120,365 |
| Separated | 145 | 391,239 | 12,639,686 |
| Widowed | 441 | 515,172 | 15,467,586 |
| Divorced | 429 | 529,393 | 23,075,029 |
| Number Of House Hold | 2,886 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.68 | 2.73 | 2.60 |
| Medial Age | 39.84 | 37.15 | 35.46 |
| Median House Hold Income | $80,661 | $63,392 | $48,276 |
| Average House Hold Income | $90,327 | $83,312 | $63,629 |
| P C I | $33,672 | $30,662 | $24,529 |
| M D I | $64,555 | $52,505 | $41,133 |
| A T H E | $65,785 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 81.20% | 81.02% | 77.74% |
(Zip) Code
8850
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 7/17/2026. Provided courtesy of RE/MAX COUNTRY via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.