150 Magnolia Lane, Middletown, NJ 07748 (MLS # 22601868)

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.

Last Updated	1/20/2026	Tract	None
Year Built	2007	Community	Middletown
Garage Spaces	4.0	County	Monmouth

SCHOOLS

Elementary School	Middletown Village
Jr. High School	Thompson
High School	Middle South

Additional Details

AIR	Ceiling Fan(s), Multi Units
AIR CONDITIONING	Yes
APPLIANCES	Cooktop, Dishwasher, Electric Water Heater, Microwave, Refrigerator
AREA	Middletown
GARAGE	Attached Garage, Yes
HEAT	Electric
LOT	0.5 acre(s)
LOT DESCRIPTION	Irregular Lot
LOT DIMENSIONS	84 x 260
PARKING	Direct Access, Unpaved, Attached
SEWER	Public Sewer
STORIES	2
STYLE	Colonial, Detached, Mother/Daughter, Other
SUBDIVISION	None
TAXES	10123
WATER	Public
ZONING	Residential, Single Family, Commercial, Mixed, Live-in Professional

Location

 

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