150 Magnolia Lane, Middletown, NJ 07748

$749,999
Property Type: Residential Bedrooms: 3 Baths: 1.1 Square Footage: 2,816 Lot Size (sq. ft.): 21,780 Status: Active
Current Price: $749,999 List Date: 10/07/2026 Last Modified: 10/07/2026

Overview

Description

A truly unique opportunity in Middletown! 150 Magnolia Lane offers an exceptional combination of existing income, flexible use and exciting future possibilities. The property currently features a single-family residence rented at market rent, a detached two-car garage rented separately, additional accessory structures, and a rear building previously approved and utilized as a dog kennel. The current owner has invested significant time and resources working with the Township and design professionals on plans to transform the former kennel building into an accessory dwelling unit. Township zoning approval has been obtained for the proposed conversion and second-floor addition, subject to applicable Affordable Housing requirements, deed restrictions, permits and other conditions.

Supplements: Concept plans envision a two-story residential unit with approximately 1,258 SF of combined space. For the buyer with a different vision, imagine creating your own private Middletown oasis—explore the potential for a beautiful new approximately 3,500 SF residence, complemented by a rear house and pool, subject to all Township zoning, approvals an ...

Listing Details MLS# 22631585

Contract Info

List Price/SqFt
266.33
Property Sub-Type
Single Family Residence
Sub-Type
Detached
Minimum Age
18

Location

House Number
150
Street Name
Magnolia
Street Suffix
Lane
County
Monmouth
Municipality
Middletown (MID)
Postal City
Middletown
State
NJ
Zip Code
07748
Area/Section
Middletown
Complex/Subdivision
None
Directions
See GPS

General Property Info

Full Baths
Yes
Half Baths
Yes
Total Baths
1.1
# Level 2 - Baths
Yes
Basement
No
Apx SqFt
2816
# Levels
Yes
Apx Year Built
2007
Garage
Yes
# Car Garage
3
Acreage
0.5
Lot Dimensions
84 x 260
HOA
No
Pool
No
Waterfront
No
Waterview
No
Farm
No

Tax and Legal

Asmnt - Total
679700
Taxes
10123
Tax Year
2025

More Information

Property Features

Ownership Type: Fee Simple Style: Custom Interior: In-Law Floorplan Foyer: Floor - Other - See Remarks Kitchen: Granite/Stone Counter Primary Bedroom: Floor - Other - See Remarks Primary Bath: Floor - Other - See Remarks Basement: Slab Floors: See Remarks Cooling: Other Heating: Forced Air Water Heater: Natural Gas Exterior: Fence; Patio Garage: Attached; Detached Siding: Vinyl Roof: Shingle Parking: Driveway; On Street; See Remarks Pool: See Remarks Out Buildings: Guest House; Misc Building; Shed(s) Included: AC Units; None Zoning: Single Family; Variance in Place Lot Description: See Remarks Water Type: Other - See Remarks Assessment Status: Assessed
IDX
Listing Office: Keller Williams Realty East Monmouth
Listing Agent: Lilly Shamam
Source MLS Verified
Last Updated: October - 07 - 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.