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Third-Floor Professional Office Suite
For Sale
Contact for pricing

1 Madison Ave, Morristown, NJ 07960

Private office configuration with shared building amenities and access to a walkout deck for outdoor meetings.

Property SizeContact for details
Days on Market29

Property Features for 1 Madison Ave

General Information

Standard status Active

Additional Details

Floor 3
Highway Access Yes

Amenities

beautiful lobby with custom woodwork
shared kitchen
walkout deck with outdoor meeting space

Building Details

Year Built 1905
Tenancy Multi
Listing Agency: WEICHERT REALTORS
Listed By: JOHN KANABAY
Source: Luminancerealty
Added: Aug 2 Changed: Aug 28 Last Checked: Aug 29 at 11:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WEICHERT REALTORS

Investment Insights

Based on property information with market context.

The third floor includes a five-office professional suite arranged with a waiting area and private bathroom. Building amenities include a finished lobby with custom woodwork, a shared kitchen, and a walkout deck that provides outdoor meeting space. Utilities are included without additional charges.

Located at 1 Madison Ave in Morristown, the property offers access to Route 287. The office layout and shared facilities support professional occupants seeking multiple workrooms within an established office building.

Key Highlights

  • Five‑office suite on the third story
  • Waiting area and private bathroom included
  • Lobby features custom woodwork

Property Analytics

Current Use

Whelan Scott Asset ... Financial Advisor The Walters Group Real Estate Agency Kieran Ayer Ph.D., ... Medical Clinic RE/MAX Select of NJ ... Real Estate Agency Michael Elms, The Elm ... Real Estate Agency

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Storage Facility Hair Salon Garden Center Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,961
Businesses Nearby

Demographics for 07960, NJ

45,609
Population
18,978
Households
2.4
Avg Household Size
40
Median Age
68%
College-Educated
94%
High-School Grad
34.6 sq mi
ZIP Area
1,318
Density / Sq Mi
$149,462
Median Household Income
$75,266
Median Earnings
$2,173
Median Rent
$701,100
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Private office configuration with shared building amenities and access to a walkout deck for outdoor meetings.
Where is this office units located?
The property is located at 1 Madison Ave Morristown, NJ.
What are key features of this property?
This property features: Five‑office suite on the third story; Waiting area and private bathroom included; Lobby features custom woodwork
More about this property
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