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    26 Madison Ave Morristown, NJ 07960

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    For Lease
    Contact for pricing

    Medical office space for rent near Morristown Memorial Hospital.

    Property size:
    1,400 SF
    Lot size:
    1.08 Acres

    Property Features for 26 Madison Ave

    General Information

    Size
    1,400 SF
    Lot size
    1.08 Acres

    Source: Newmark & Associates, Inc. Agent Susanne Newmark

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Morristown Medical Office Space Available

    This +/- 1400 square foot first-floor office space features a reception/waiting area, a staff office, three exam rooms, and a laboratory. The suite includes one ADA-compliant restroom, operable windows, and storage. The property provides abundant on-site parking, 24-hour access, and is handicapped accessible. It is located in close proximity to Morristown Memorial Hospital and within walking distance of Downtown Morristown, with direct access from I-287. This property is suitable for medical office use.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dev Patwa, DDS ... Dentist Next Step Orthopaedics ... Orthotics & Prosthetics Service HearingLife of Morristown NJ Hearing Aid Store Susser Bonnie Speech Pathologist Rosen-Kerr Kathy MD Pediatrician

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Clothing Store Building Supply Gym & Fitness Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Feline Health Center

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Morris
    State
    New Jersey
    Longitude
    -74.4486899
    Latitude
    40.7823934

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    FAQs

    What type of property is this?
    Medical office - Medical office space for rent near Morristown Memorial Hospital.
    Where is this medical office located?
    The property is located at 26 Madison Ave Morristown, NJ.
    What are key features of this property?
    This property features: - Close proximity to Morristown Memorial Hospital; - Walking distance to Downtown Morristown; - Direct access from I-287
    (973) 879-4542
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    26 Madison Ave Morristown, NJ 07960
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