150 Magnolia Lane, Middletown NJ 07748

Middletown, NJ 07748

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.

Courtesy of KELLER WILLIAMS EAST MONMOUTH

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