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$749,000 Just Listed
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Property Description
Located on a quiet dead-end street, this unique property features 4 separate structures, ideal for investors or owner-occupants with a residence-based business. Single family residence 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 an ADU (Accessory Dwelling Unit), uses are subject to municipal approval. This property also features a separate structure previously used as a kennel, and 2 detached garages rented for $500 a month that brings in additional income. There are also 2 Sheds that offer plenty of storage for all your 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.
Full Property Details
Full Property Details for 150 Magnolia Ln
General
- Price: $749,000
- Taxes: $10,123 (2025)
- Status: Active
- Type: Commercial
- Source: Middlesex
- MLS ID: 2661139M
- Updated: 1/20/2026
- Added to Site: 2 day(s) ago
Interior
- Flooring: See Remarks
Rooms
Other Rooms
- Living Room: 2,816 Sq. Ft.
Parking
- Garage: Yes
- Total Spaces: 4
- Parking Features: Garage, Driveway, Gravel
- Parking: Garage, Driveway, Gravel
Location
- County: Monmouth
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Electric
Utilities
- Gas: Propane
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Propane
Structural Information
- Roof: See Remarks
- Stories/Levels: 2
- Square Feet: 2,816
- Year Built: 2007
Lot Features
- Lot Size (Acres): 0.5014
- Lot Size (Sq. Ft.): 21,840
- Lot Dimensions: 84 x 260
- Lot Features: Dead - End Street, Residential Area
- Zoning: R-22
- Lot Description: Dead - End Street, Residential Area
Financial Considerations
- Tax Amount: $10,123
- Tax Year: 2025
Disclosures and Reports
- Documents Avail.: Cashflow/Income and Expenses, See Remarks
- Property ID: 3200605000000055
Listed by Keller Williams East Monmouth
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Schools
Schools serving 150 Magnolia Ln
School District:Middletown Township School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 150 Magnolia Ln
Date
Details
Price
Change
Source
1/20/2026
Listed
$749,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 150 Magnolia Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,417
-3%
$627,200
23%
2023
$8,674
5%
$511,700
3%
2022
$8,223
—
$499,100
14%
2021
$8,186
—
$436,700
11%
2021
$8,186
—
$393,600
3%
2021
$8,186
24%
$382,800
22%
2019
$6,604
-1%
$312,700
2%
2018
$6,674
3%
$308,000
1%
2017
$6,482
1%
$305,200
2%
2016
$6,389
—
$299,800
—
2015
$6,389
—
$299,100
3%
2014
$6,388
2%
$291,800
—
2013
$6,245
—
$291,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 150 Magnolia Ln
150 Magnolia Lane, Middletown, NJ 07748 (MLS# 2661139M) is a Commercial property. 150 Magnolia Lane is currently listed for $749,000 and was received on January 20, 2026. Want to learn more about 150 Magnolia Lane? Do you have questions about finding other Commercial real estate for sale in Middletown? You can browse all Middletown real estate or contact a Coldwell Banker agent to request more information.

