150 Magnolia Lane, Middletown, NJ 07748
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150 Magnolia Lane, Middletown, NJ 07748
150 Magnolia Lane, Middletown, NJ 07748
150 Magnolia Lane, Middletown, NJ 07748
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Michael Karch

Michael Karch

+1(732) 503-0991
$ 749,900
Est. payment /mo
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Active

150 Magnolia Lane Middletown, NJ 07748

2,816 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,816 sqft

Price per Sqft $266

Municipality Middletown (MID)

MLS Listing ID 22601867

Year Built 2007

Annual Tax Amount $10,123

Tax Year 2025

Lot Size 0.500 Acres

Acres 0.5

Lot Dimensions 84 x 260

Property Sub-Type Mixed Use

Source MOREMLS (Monmouth Ocean Regional REALTORS®)

Property Description

Located on a quiet dead-end street, this unique property features 4 separate structures, ideal for investors or owner-occupants with a home-based business. Single family home is currently rented 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 a Mother Daughter, or 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 that brings in additional income. The 2 Sheds 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.

Location

State NJ

County Monmouth

Area Middletown

Direction Take NJ-35 S to Magnolia Lane.

Rooms

Basement Slab

Interior

Cooling Window Unit(s)

Flooring Concrete, Tile, Wood, Other

Exterior

Parking Features Unpaved

Garage Spaces 3.0

Fence Fenced

Roof Type Shingle

Private Pool No

Building

Lot Description Dead End Street, Irregular Lot, Fenced/Enclosed Area

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 32-00605-0000-00055

Monmouth Ocean MLS (MOMLS)
Listed by Keller Williams Realty East Monmouth

NEARBY SCHOOLS & PROPERTIES

Michael Karch

Michael Karch

Agent

+1(732) 503-0991

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150 Magnolia Lane