150 Magnolia LN, Middletown, NJ 07748
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Naveen Sharma

Naveen Sharma

+1(732) 429-0939
$749,000
Est. payment /mo
2,816 SqFt
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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,816 sqft

Price per Sqft $265

MLS Listing ID 2661139M

Year Built 2007

Annual Tax Amount $10,123

Tax Year 2025

Lot Size 0.501 Acres

Acres 0.5014

Lot Dimensions 84X260

Property Sub-Type Commercial

Source CJMLS API

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.

Location

State NJ

County Monmouth

Zoning R-22

Interior

Heating Electric

Cooling Window Unit(s)

Flooring See Remarks

Heat Source Propane

Exterior

Utilities Available Electricity Connected, Propane

Roof Type See Remarks

Total Parking Spaces 4

Building

Lot Description Dead - End Street, Residential Area

Story 2

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 3200605000000055

Energy Description Propane

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Central Jersey MLS (CJMLS)
Listed by KELLER WILLIAMS EAST MONMOUTH

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Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

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150 Magnolia LN