Middletown, NJ 07748,150 Magnolia Lane
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Ryan Skove, ABR, SRS

Ryan Skove, ABR, SRS

+1(732) 365-0265
$ 749,900
Est. payment /mo
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150 Magnolia Lane Middletown, NJ 07748

2,816 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,816 sqft

Price per Sqft $266

Municipality Middletown (MID)

MLS Listing ID 22601867

Year Built 2007

Annual Tax Amount $10,123

Tax Year 2025

Lot Size 0.500 Acres

Acres 0.5

Lot Dimensions 84 x 260

Property Sub-Type Mixed Use

Source MOREMLS (Monmouth Ocean Regional REALTORS®)

Property 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. 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.

Location

State NJ

County Monmouth

Area Middletown

Direction Take NJ-35 S to Magnolia Lane.

Rooms

Basement Slab

Interior

Cooling Window Unit(s)

Flooring Concrete, Tile, Wood, Other

Exterior

Parking Features Unpaved

Garage Spaces 3.0

Fence Fenced

Roof Type Shingle

Private Pool No

Building

Lot Description Dead End Street, Irregular Lot, Fenced/Enclosed Area

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 32-00605-0000-00055

Monmouth Ocean MLS (MOMLS)
Listed by Keller Williams Realty East Monmouth

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 17
  • 8

    Middletown Village Elementary School

    Public | KG - 5

  • 8

    Nut Swamp Elementary School

    Public | KG - 5

  • 7

    Middle Road Elementary School

    Public | 1 - 4

  • 7

    Lillian Drive Elementary School

    Public | 1 - 4

  • 7

    Port Monmouth Elementary School

    Public | KG - 5

  • 6

    Cove Road Elementary School

    Public | 5 - 6

  • 6

    Harmony Elementary School

    Public | PK - 5

  • 6

    Ocean Avenue Elementary School

    Public | KG - 5

  • 6

    New Monmouth Elementary School

    Public | PK - 5

  • 5

    Memorial School

    Public | PK - 8

  • 5

    Bayview Elementary School

    Public | KG - 5

  • 2

    Joseph R. Bolger Middle School

    Public | 5 - 8

  • 1

    Joseph C. Caruso School

    Public | 3 - 4

  • 0

    New School of Monmouth County

    Private | KG - 8

  • 0

    Baytuliman Academy

    Private | PK - 11

  • 0

    Port Monmouth Road School

    Public | PK - 2

  • 0

    Kindercare Learning Center

    Private | PK - TKG

Middle Schools 3
  • 7

    Thompson Middle School

    Public | 6 - 8

  • 4

    Hazlet Middle School

    Public | 7 - 8

  • 3

    Thorne Middle School

    Public | 6 - 8

High Schools 6
  • 7

    Middletown High School South

    Public | 9 - 12

  • 6

    Middletown High School North

    Public | 9 - 12

  • 5

    Raritan High School

    Public | 9 - 12

  • 1

    Keansburg High School

    Public | 9 - 12

  • 0

    Monmouth County Vocational Technical High School

    Public | 11 - 12

  • 0

    Mater Dei Preparatory High School

    Private | 9 - 12

School and business data provided by Attom Data.
Ryan Skove, ABR, SRS

Ryan Skove, ABR, SRS

Broker Associate | License ID: 2186472

+1(732) 365-0265

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150 Magnolia Lane