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50 Cook Ave Madison, NJ $ 2,750,000
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$ 2,750,000 Get more info
50 Cook Ave
$ 2,750,000
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50 Cook Ave

Madison, NJ, 07940
$ 2,750,000
Bedrooms-- Baths--

Monthly Estimate*

$ 18,994

50 Cook Ave, Madison, NJ 07940 - Image 1
50 Cook Ave, Madison, NJ 07940 - Image 2
50 Cook Ave, Madison, NJ 07940 - Image 3
50 Cook Ave, Madison, NJ 07940 - Image 4

Commercial Property for sale in Madison, NJ

for $2,750,000 with 6 half baths. This building was built in 1976 on a lot size of 0.11.

Great investment opportunity to own a rare 6 unit apartment building in Downtown Madison. Walking distance to Madison Train Station and steps away from Main St, offering shops, restaurants and entertainment. The building has separate water heaters, furnaces and electric, gas and water meters. Landlord pays for common area utilities. Tenant parking across the street in permit town parking lot. Roof and siding replaced in 2016. Come see this unique opportunity with six units (13 bedrooms) all under one roof.

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Commercial Active

Price

$ 2,750,000

Half Bath

6

Property Type

Commercial

Taxes

$ 17,209

Style

Apartment Complex

Lot Size

0.11

Year Built

1976

Town/City

Madison

County/Region

Morris

MLS | Web ID

4057999
Features
General
Sewer Public Sewer
Construction Wood
Heating 4+ Units Baseboard - Hotwater See Remarks
Cooling Wall A/C Unit(s)
Utilities Electric Gas-Natural
Possession POT
Roof Asphalt Shingle
Zoning muti family
Garage Spaces 0
Year Built 1976
Tenant Pays Cable T.V. Electric Gas Heat Hot Water See Remarks Sewer Water
Township Madison Boro
Property Type Apartment Complex Apartment Complex
Tax Year 2025
Ownership Fee Simple
Location Business District
County Morris
Subdivision Name DOWNTOWN
Status Active
Directions Main St to Central to left onto Cook #50
Number Of Units Total 6
Tax Annual Amount 17209
Drive None
Leasable Area 0
Standard Status Active
Tax Assessed Value 763500
Town # 2318
Tax Lot 10
Farm Assessment No
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Interior
Basement Full Unfinished
Flooring Carpeting Tile Vinyl-Linoleum
Fuel Type Gas-Natural
Total Stories 0
Half Baths 6
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Exterior
Lot Features Level Lot
Water Source Public Water
Exterior Description Vinyl Siding
Building Area Total 6954
Lot Dimensions 44X104
Lot Size Acres 0.11
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* Excluded Features
List By
CHARLES PATRICK JR.

Listing Agent

Charles Patrick Realtors

Broker

patric135@AOL.COM

Email

Affordability Calculator

$20,428
Per Month
93%
7%
0%
Monthly Principal & Interest
$18,994
Monthly Property Taxes
$1,434
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/9/2026$2,750,000 Listed Price

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50 Cook Ave, Madison, NJ, 07940 is a Commercial Property for sale at $2,750,000 with a lot size of 0.11. 50 Cook Ave was built in 1976. The property's zip code is 07940 which is in Madison, NJ

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