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8 Shunpike Rd Madison, NJ $ 450,000
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$ 450,000 Get more info
8 Shunpike Rd
$ 450,000
Back to search
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8 Shunpike Rd

Madison, NJ, 07940
$ 450,000
Bedrooms-- Baths-- Sq 1,024

Monthly Estimate*

$ 2,807

8 Shunpike Rd, Madison, NJ 07940 - Image 1
8 Shunpike Rd, Madison, NJ 07940 - Image 2
8 Shunpike Rd, Madison, NJ 07940 - Image 3
8 Shunpike Rd, Madison, NJ 07940 - Image 4
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8 Shunpike Rd, Madison, NJ 07940 - Image 6
8 Shunpike Rd, Madison, NJ 07940 - Image 7

Commercial Property for sale in Madison, NJ

for $450,000 with 7 half baths. This 1,024 square foot building was built in 1964 on a lot size of 1.1.

End Unit is Bright & Sunny 1,024 square feet Medical Office Suite #4. Ideal location close to parking with easy & direct access. Waiting Room, Reception, 3 Exam Rooms, 1 Private Office, Storage Room, Kitchenette, Closet & Powder Room. Must be Medical or Dental Use. There are 7 Units in this 10,000 square foot Building with a Partnership Agreement. Monthly Fee is $1792 includes all expenses, maintenance (trash & recycle removal, snow removal, & landscaping), utilities (heat, electric of common area, water/sewer, and insurance). Air Conditioning is separate units. The roof was redone in 2021. Located in the Heart of Madison. 4.5 Miles to Morristown Medical Center. 5.4 Miles to Overlook Medical Center. Close to shops, restaurants, Rt. 78 & Rt. 287.

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Commercial Active

Price

$ 450,000

Half Bath

7

Property Type

Commercial

Taxes

$ 44,832

Style

Office Building Complex

Lot Size

1.1

Year Built

1964

Town/City

Madison

County/Region

Morris

MLS | Web ID

3975459
Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 1 Unit
Cooling 1 Unit
Utilities Electric Gas-Natural
Possession At Closing
Roof Flat Rubberized
Zoning Medical
Garage Spaces 60
Year Built 1964
Township Madison Boro
Property Type Office Building Complex Office Building Complex
Tax Year 2024
Ownership Condominium
Location Business District Freestanding
County Morris
Subdivision Name Madison Professional Bldg
Status Active
Directions Route 24 to River Road to Chatham Road to Shunpike or Green Village Road to Shunpike
Number Of Units Total 7
Tax Annual Amount 44832
Drive 1 Car Width Additional Parking Blacktop Parking Lot-Exclusive
Leasable Area 1024
Standard Status Active
Tax Assessed Value 2104800
Town # 2318
Tax Lot 9
Farm Assessment No
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Interior
Basement Partial Storage Unfinished
Flooring Carpeting See Remarks Vinyl-Linoleum
Fuel Type Gas-Natural
Total Stories 2
Half Baths 7
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Exterior
Lot Features Open Lot Wooded Lot
Water Source Public Water
Total Parking 60
Exterior Description Brick/Block
Building Area Total 10000
Lot Dimensions 225 X 213
Lot Size Acres 1.10
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* Excluded Features
List By
LIDIA S. GABINELLI

Listing Agent

Kl Sotheby's Int'l. Realty

Broker

LGabinelli@klsir.com

Email

Affordability Calculator

$6,543
Per Month
43%
57%
0%
Monthly Principal & Interest
$2,807
Monthly Property Taxes
$3,736
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/15/2025$450,000 Listed Price

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8 Shunpike Rd, Madison, NJ, 07940 is a Commercial Property for sale at $450,000 with 1,024 sqft and a lot size of 1.1. 8 Shunpike Rd was built in 1964. The property's zip code is 07940 which is in Madison, NJ

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