-150 Magnolia Lane, Middletown, NJ 07748
Local realty services provided by:ERA Reed Realty, Inc.
Listed by: lilly shamam, shaelah pierson
Office: keller williams east monmouth
MLS#:2661145M
Source:NJ_MCMLS
Price summary
- Price:$749,000
- Price per sq. ft.:$265.98
About this home
Located on a quiet dead-end street, this unique property features 4 separate structures, ideal for investors or owner-occupants with a residence-based business. Single family residence is currently being leased for $3,060 and features 3-beds, 1-bath, updated kitchen, attached garage, and a private fenced in yard. The rear cottage offers potential to be an ADU (Accessory Dwelling Unit), uses are subject to municipal approval. This property also features a separate structure currently used as a kennel, and 2 detached garages rented for $500 a month. There are also 2 Sheds that offer plenty of storage for all you needs. See below for more information regarding property type and zoning. Private setting with minimal traffic and strong long-term upside. Income-producing property currently used as mixed-use, though zoned R22, a residential zone with certain permitted uses; buyer to perform due diligence. Priced to sell an exceptional opportunity for an owner-occupant to enjoy private living while exploring additional income possibilities. Buyer to perform all due diligence regarding zoning, permitted uses, ADU approval, and future development....
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Home facts
- Year built:2007
- Listing ID #:2661145M
- Added:64 day(s) ago
- Updated:March 26, 2026 at 02:56 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:6
- Flooring:Carpet, Ceramic Tile, Wood
- Kitchen Description:Breakfast Bar, Dishwasher, Kitchen, Microwave, Refrigerator
- Living area:2,816 sq. ft.
Heating and cooling
- Cooling:Zoned
- Heating:Electric
Structure and exterior
- Year built:2007
- Building area:2,816 sq. ft.
- Lot area:0.5 Acres
- Lot Features:Dead - End Street, Irregular Lot
- Architectural Style:Colonial
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$749,000
- Price per sq. ft.:$265.98
- Tax amount:$10,123
Features and amenities
- Appliances:Electric Water Heater, Refrigerator
- Amenities:Electric Water Heater
Parking
- Parking description:2 Car Width, Attached, Detached, Gravel Driveway
- Garage:Yes
- Garage spaces:4
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