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    Two-Unit Duplex With Garages
    Updated: Sep 18
    Two-Unit Duplex With Garages

    55 Myrtle Ave, Madison, NJ 07940

    $865,000
    Two‑unit duplex built in 1951
    First‑floor unit includes a finished lower level
    Second‑floor unit has a separate private entrance
    Attached 1‑car garage plus detached 2‑car garage with attic
    Wraparound deck, storage shed, level yard, and ample parking
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Madison, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Three-Story Duplex
    Updated Three-Story Duplex

    23 Blaine St, Millburn, NJ 07041

    $1,525,000
    0.18 AC lot

    Two residential units offer renovated kitchens and baths, separate electrical panels, and full HVAC coverage.

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    Duplex with Two-Unit Layout
    Duplex with Two-Unit Layout

    26 Hillside Ave, Chatham, NJ 07928

    $950,000
    0.17 AC lot

    Two residential units include a vacant lower-level apartment, upper living space, basement storage, and substantial off-street parking.

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    Wide-Lot Duplex
    Wide-Lot Duplex

    20 Blaine St, Millburn, NJ 07041

    $1,700,000

    Two-family property with flexible outdoor space and convenient access to downtown amenities, schools, parks, shopping, dining, and transportation.

    View details
    Legal Two-Family Home
    Legal Two-Family Home

    26 Hillside Ave, Chatham, NJ 07928

    $950,000

    Legal two-family home with a full basement, washer and dryer, hardwood floors, and oversized rear off-street parking.

    View details

    Madison, NJ Duplexes Market Trends and Statistics

    Explore 1 duplexes for sale in Madison, NJ on our real estate platform.

    Sale prices for duplexes in Madison, NJ average $865,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) +3.0%
    Median Household Income $168,520

    High-Yield Neighborhoods for Investment

    Identify Madison submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07940 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.09%
    Property Tax per SF $8.02 per SF
    Tax Rate vs County Average 0.43 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Morris County

    New Delisted

    Total CRE Inventory on Market (SF)

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