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$749,900
9 Days On Site

150 Magnolia Lane
Middletown, NJ 07748

For Sale|Single Family Residence|Active
3
Beds
1
Total Bath
1
Full Bath
2,816
SqFt
$266
/SqFt
2007
Built
Subdivision:
None
County:
Monmouth

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1 (732) 320-8251
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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.

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Listing Snapshot
Price 
$749,900
Days On Site 
9 Days
Bedrooms 
3
Inside Area (SqFt) 
2,816 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
0.5 Acres
Year Built 
2007
MLS® Number 
22601868
Status 
Active
Property Tax 
$10,123
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing first seen on site
a week agoListing updated with changes from the MLS®
General Features
Acres 
0.5
Attached Garage 
Yes
Foundation 
Slab
Garage 
Yes
Garage Spaces 
4
Parking 
Direct AccessUnpavedAttached
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Total 
2816
Style 
OtherDetachedMother/DaughterColonial
Water Source 
Public
Zoning 
Residential, Single Family, Commercial, Mixed, Live-in Professional
Interior Features
Appliances 
DishwasherMicrowaveRefrigeratorCooktopElectric Water Heater
Cooling 
Ceiling Fan(s)Multi Units
Flooring 
CarpetCeramic TileWood
Heating 
Electric
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Exterior Features
Lot Features 
Irregular Lot
Other Structures 
Shed(s)Guest House
Patio And Porch 
Patio
Roof 
Shingle
Community Features
Financing Terms Available 
FHAConventionalCashVA Loan
MLS Area 
Middletown
Schools
School District
Unknown
Elementary School
Middletown Village
Middle School
Thompson
High School
Middle South
Listing courtesy of Viviana Mejia of Keller Williams Realty East Monmouth



Properties marked with this logo are courtesy of the Monmouth Ocean Regional MLS. Data deemed reliable but not guaranteed. Monmouth Ocean Regional REALTORS ®

Neighborhood & Commute
Source: Walkscore
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