150 Magnolia Lane, Middletown, NJ 07748

New Listing
$749,900
Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 2,816 Lot Size (sq. ft.): 21,780 Status: Active
Current Price: $749,900 List Date: 1/20/2026 Last Modified: 1/20/2026

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# 22601868

Contract Info

List Price/SqFt: 266.3 Sub-Type: Detached New Construction: No Status: Active List Date: 2026-01-20 List Price: $749,900 Current Price: $749,900 Property Sub-Type: Single Family Residence

Location

Area/Section: Middletown Elementary School: Middletown Village Middle School: Thompson High School: Middle South Other High: Red Bank Cath House Number: 150 Street Name: Magnolia Street Suffix: Lane County: Monmouth Municipality: Middletown (MID) Postal City: Middletown State: NJ Zip Code: 07748 Complex/Subdivision: None Directions: Take NJ-35 S to Magnolia Lane.

General Property Info

Waterfront: No # Levels: 2 Waterview: No Acreage: 0.5 Lot Dimensions: 84 x 260 Rooms: 6 Basement: No Garage: Yes # Car Garage: 4 HOA: No Pool: No Farm: No Bedrooms: 3 Full Baths: 1 Total Baths: 1 Apx SqFt: 2816 Apx Year Built: 2007

Tax and Legal

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

Remarks & Misc

Excluded: Personal Belongings

Ownership Type

Fee Simple: 1

Style

Colonial: 1 Mother/Daughter: 1 Other: 1 2 Story: 1

Interior

Attic - Pull Down Stairs: 1 Dec Molding: 1

Zoning

Commercial: 1 Live-in Professional: 1 Mixed: 1 Residential: 1 Single Family: 1

Foyer

Ceramic Tile: 1

Lot Description

Back to Woods: 1 Dead End Street: 1 Irregular Lot: 1

Included

Ceiling Fan(s): 1 Dishwasher: 1 Microwave: 1 Refrigerator: 1 Stove: 1

Living Room

Dec Molding: 1 Floor - Wood: 1

Water/Sewer

Public Sewer: 1 Public Water: 1

Floors

Carpet: 1 Ceramic Tile: 1 Wood: 1

Kitchen

Floor - Wood: 1 Dec Molding: 1

Basement

Slab: 1

Primary Bedroom

Floor - W/W Carpet: 1

Cooling

Multi Units: 1

Water Heater

Electric: 1

Primary Bath

Ceramic Tile: 1 Tub: 1

Out Buildings

Guest House: 1 Misc Building: 1 Shed(s): 1

Heating

Electric: 1

Exterior

Controlled Access: 1 Fence: 1 Patio: 1 Shed: 1

Parking

Unpaved: 1

Garage

Attached: 1 Detached: 1 Direct Access: 1

Assessment Status

Assessed: 1

Siding

Vinyl: 1

Roof

Shingle: 1

Management Type

No Management: 1

Property Features

Ownership Type: Fee Simple Style: Colonial; Mother/Daughter; Other; 2 Story Interior: Attic - Pull Down Stairs; Dec Molding Foyer: Ceramic Tile Living Room: Dec Molding; Floor - Wood Kitchen: Floor - Wood; Dec Molding Primary Bedroom: Floor - W/W Carpet Primary Bath: Ceramic Tile; Tub Basement: Slab Floors: Carpet; Ceramic Tile; Wood Cooling: Multi Units Heating: Electric Water Heater: Electric Exterior: Controlled Access; Fence; Patio; Shed Garage: Attached; Detached; Direct Access Siding: Vinyl Roof: Shingle Parking: Unpaved Out Buildings: Guest House; Misc Building; Shed(s) Included: Ceiling Fan(s); Dishwasher; Microwave; Refrigerator; Stove Zoning: Commercial; Live-in Professional; Mixed; Residential; Single Family Lot Description: Back to Woods; Dead End Street; Irregular Lot Management Type: No Management Assessment Status: Assessed
Listing Office: Keller Williams Realty East Monmouth
Listing Agent: Viviana Mejia
IDX
Last Updated: January - 20 - 2026
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