8 Shunpike Madison, NJ $ 300,000
8 Shunpike
$ 300,000
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8 Shunpike

Madison, NJ, 07940
$ 300,000
Bedrooms-- Baths-- Sq 1,024

Monthly Estimate*

$ 1,847

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Commercial Property for sale in Madison, NJ

for $300,000 with 7 half baths. This 1,024 square foot building was built in 1964 on a lot size of 1.1.

End unit, updated in 2025, 1024 square feet Medical Office. Reception area/waiting area, reception office, 3-4 exam rooms, private office, kitchenette, bathroom, closet with door lock. Must be medical or dental use. The building is divided into 7 units with a partnership agreement. Monthly fee of $1792 includes maintenance- trash & recycle removal, landscaping, snow removal; utilities- heat, electric for common areas, water, sewer and insurance. Central heating system consists of gas forced hot air with package air conditioning. Roof new in 2021 is flat with wood deck and tar covering. Conveniently located close to Morristown Memorial & Overlook Hospitals, shops, restaurants, routes 24, 78 and 287.

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Commercial Active

Price

$ 300,000

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

4015444

Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 1 Unit
Cooling 1 Unit
Utilities All Underground Electric Gas-Natural
Possession At Closing
Roof Flat Rubberized
Zoning Medical
Garage Spaces 50
Year Built 1964
Township Madison Boro
Property Type Office Building Complex Office Building Complex
Tax Year 2025
Ownership Fee Simple
Location Business District Freestanding
County Morris
Subdivision Name Medical Professional Bldg
Status Active
Directions Route 24 to River Road to Chatham Road to 8 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 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 50
Exterior Description Brick/Block Wood
Building Area Total 10000
Lot Dimensions 225 x 213
Lot Size Acres 1.10
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* Excluded Features
List By
CHRISTINE LAYNG

Listing Agent

Coldwell Banker Realty

Broker

CMLayng@gmail.com

Email

Affordability Calculator

$5,583
Per Month
33%
67%
0%
Monthly Principal & Interest
$1,847
Monthly Property Taxes
$3,736
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
3/19/2026$300,000 Listed Price

Map


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8 Shunpike, Madison, NJ, 07940 is a Commercial Property for sale at $300,000 with 1,024 sqft and a lot size of 1.1. 8 Shunpike was built in 1964. The property's zip code is 07940 which is in Madison, NJ