CCertihomes
150 Magnolia Lane, Middletown, NJ 07748

$749,000

2 beds 1 baths 2,816 sqft Built 200758 days on marketActive

About this home

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 being leased 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 currently used as a kennel, and 2 detached garages rented for $500 a month. There are also 2 Sheds that 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.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$6,942/mo

Real estate (PITI + HOA + PMI)
$6,735
Principal + interest$4,825
Property tax + insurance$1,629
PMI / 2nd mortgage$281
Utilities
$536
Heating + cooling$106
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$116
Car insurance + maintenance$116
Other (entertainment)
$158
$6,942/mo TLC
Budget$7,442/mo
Remaining after TLC$500/mo
Purchase price
$749,000
Down payment
$37,450 (5%)
Loan amount
$711,550
APR
7.19%

Quick facts

Type
Single Family Residence
Style
Colonial, Other, Two Story
Year built
2007
Lot size
0.5014 ac
Stories
2
Heating
Electric
Cooling
Zoned
Water
Public
HOA
Annual tax
$10,123
MLS #
2661145M
County
Monmouth

At a glance

Basement
Garage (4)
Dishwasher

Home features

Appliances
DishwasherMicrowaveRefrigeratorElectric Water Heater
Interior
Unfinished/Other RoomEntrance FoyerLaundry RoomOther Room(s)2 BedroomsBath FullKitchenNone
Parking
2 Car WidthGravelAttachedDetached
Pool
None
Kitchen
Breakfast Bar
Flooring
Carpet, Ceramic Tile, Wood
Roof
See Remarks
Sewer
Public Sewer
Ownership
Fee Simple

Lot features

Dead - End Street, Irregular Lot

Neighborhood — 07748

MetricThis ZIPCountyUSA
Population27,9748,832,837299,088,112
Population Change Since1990-1.00%14.00%20.00%
Population Density2,0971,137
Male13,7564,307,827147,432,321
Female14,2184,525,010151,655,844
Never Married4,9331,965,81163,775,926
Married14,3353,647,435123,120,365
Separated527391,23912,639,686
Widowed1,335515,17215,467,586
Divorced1,112529,39323,075,029
Number Of House Hold9,5183,167,345111,826,380
Average House Hold Size2.942.732.60
Medial Age39.0137.1535.46
Median House Hold Income$89,873$63,392$48,276
Average House Hold Income$115,064$83,312$63,629
P C I$39,213$30,662$24,529
M D I$70,765$52,505$41,133
A T H E$77,563$61,369$50,898
S T R7.00%7.00%
W C J80.46%81.02%77.74%
(Zip) Code
7748

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Central Jersey Multiple Listing System, INC

Listing information last refreshed 1/20/2026. Provided courtesy of KELLER WILLIAMS EAST MONMOUTH via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.

150 Magnolia Lane · Middletown — $749,000 · Certihomes