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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
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.