About This Home

This 3-bedroom, 2-bathroom single family at 150 Magnolia Lane in Middletown, NJ is listed for $749,999 ($266 per sqft). Built in 2007, the home offers 2,816 sqft of living space on a 0.50 acres lot.

Key Features

  • Built in 2007
  • 0.50 acre lot

Property Details

1 story
1 full, 1 half
3-car garage
2007

Amenities

A/C
Listing Description

A truly unique opportunity in Middletown! 150 Magnolia Lane offers an exceptional combination of existing income, flexible use and exciting future possibilities. The property currently features a single-family residence rented at market rent, a detached two-car garage rented separately, additional accessory structures, and a rear building previously approved and utilized as a dog kennel.

The current owner has invested significant time and resources working with the Township and design professionals on plans to transform the former kennel building into an accessory dwelling unit. Township zoning approval has been obtained for the proposed conversion and second-floor addition, subject to applicable Affordable Housing requirements, deed restrictions, permits and other conditions.

Concept plans envision a two-story residential unit with approximately 1,258 SF of combined space. For the buyer with a different vision, imagine creating your own private Middletown oasis-explore the potential for a beautiful new approximately 3,500 SF residence, complemented by a rear house and pool, subject to all Township zoning, approvals and permits.

Whether you're an investor, owner-user, contractor, animal-care professional or buyer searching for a property unlike anything else on the market, 150 Magnolia Lane presents multiple avenues to explore. Existing income, substantial improvements in planning already completed, and tremendous long-term potential make this a property that deserves a closer look.

Buyer to perform all due diligence regarding existing and future uses, zoning, kennel use/variance, accessory dwelling approval, Affordable Housing restrictions and any proposed redevelopment.

Monthly Cost Estimate

$4,011/mo

20% down · 6.5% · 30 years

Principal$542
Interest$3,250
Insurance$219

Estimates only. Actual payments may vary.

Location

150 Magnolia Lane

Middletown, NJ 07748

Features & Amenities

Interior Features

In-Law Floorplan

Property Details

Outdoor Features

Patio

Parking

DrivewayOn Street

Heating

Forced Air

Questions & Answers

This 3-bedroom, 2-bathroom single family at 150 Magnolia Lane is listed at $749,999 ($266/sqft). The estimated monthly payment is $4,011 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2007, 0.50 acre lot. Interior Features: In-Law Floorplan.

This property is listed by Lilly Shamam.

LS

Lilly Shamam

Agent at Keller Williams Realty East Monmouth

Listed by Keller Williams Realty East Monmouth · Broker phone: (732) 704-4033 · View on Broker Site · Broker website

MLS# 22631585· Source: More MLS· 23 days on PropertySimple

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

150 Magnolia Lane, Middletown, NJ 07748

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