150 Magnolia Lane, Middletown, NJ 07748

New Listing
$749,900
Property Type: Commercial Square Footage: 2,816 Lot Size (sq. ft.): 21,780 Status: Active
Current Price: $749,900 List Date: 1/20/2026 Last Modified: 1/21/2026

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.

Supplements: 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.

More Information MLS# 22601867

Contract Info

Sale: Yes Lease: No List Price/SqFt: 266.3 Status: Active List Date: 2026-01-20 Property Sub-Type: Mixed Use List Price: $749,900 Current Price: $749,900

Location

Area/Section: Middletown House Number: 150 Street Name: Magnolia Street Suffix: Lane County: Monmouth Municipality: Middletown (MID) Postal City: Middletown State: NJ Zip Code: 07748 Directions: Take NJ-35 S to Magnolia Lane.

General Property Info

Handicap Access: No # Levels: 2 # Elevators: 0 Acreage: 0.5 Lot Dimensions: 84 x 260 Garage: Yes # Car Garage: 3 Business Operating: No Farm: No Apx SqFt: 2816 Apx Year Built: 2007

Tax and Legal

Asmnt - Total: 627200 Taxes: 10123 Tax Year: 2025

Income & Expenses

# Rental Units: 3

Use

Professional Service: 1 Professional/Office: 1 Other: 1

Zoning

Commercial: 1 Mixed: 1 Multi-Use: 1 Professional: 1 Residential: 1 Single Family: 1

Lot Description

Dead End Street: 1 Fenced/Enclosed Area: 1 Irregular Lot: 1

Floors

Concrete: 1 Tile: 1 Wood: 1 Other: 1

Electric

Other - See Remarks: 1

Basement

Slab: 1

Gas

On Site: 1

Cooling

Window Unit(s): 1

Water Heater

Electric: 1 Propane Gas: 1

Heating

Electric: 1 Propane: 1

Water

Public Water: 1

Sewer

Public Sewer: 1

Exterior

Fenced: 1

Parking

Unpaved: 1

Assessment Status

Assessed: 1

Financing

Cash: 1

Roof

Shingle: 1

Property Features

Use: Professional Service; Professional/Office; Other Floors: Concrete; Tile; Wood; Other Basement: Slab Cooling: Window Unit(s) Heating: Electric; Propane Water Heater: Electric; Propane Gas Water: Public Water Sewer: Public Sewer Gas: On Site Electric: Other - See Remarks Exterior: Fenced Parking: Unpaved Roof: Shingle Zoning: Commercial; Mixed; Multi-Use; Professional; Residential; Single Family Lot Description: Dead End Street; Fenced/Enclosed Area; Irregular Lot Assessment Status: Assessed Financing: Cash
Listing Office: Keller Williams Realty East Monmouth
Listing Agent: Viviana Mejia
IDX
Last Updated: January - 21 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.