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About This Home
This 0-bedroom, 0-bathroom commercial at 150 Magnolia Lane in Middletown, NJ is listed for $749,900 ($266 per sqft). Built in 2007, the home offers 2,816 sqft of living space on a 0.50 acres lot.
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.
Key Features
- Built in 2007
- 0.50 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$4,011/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
150 Magnolia Lane
Middletown, NJ 07748
Property Details
Flooring
Parking
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 150 Magnolia Lane is listed at $749,900 ($266/sqft). The estimated monthly payment is $3,250 based on 20% down at 6.5% interest.
Key features include: Built in 2007, 0.50 acre lot, 2 stories.
This property is listed by Viviana Mejia and can be reached at 7327044033 or viviansellsnewjersey@gmail.com.