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Mixed-Use Building with Apartments
For Sale
$999,900

172 W Madison Ave, Dumont, NJ 07628

Storefront, two one-bedroom apartments, and a detached garage create a flexible four-unit configuration.

Property SizeContact for details
Days on Market38

Property Features for 172 W Madison Ave

General Information

Standard status Active
Property subtype Commercial

Property Condition

Severity Repairs Needed
Evidence NEW ROOF to be installed

Units

Unit Mix 2 x 1BR
Multifamily Units 2

Additional Details

Utilities to Site Yes

Building Details

Buildings 2
Listing Agency: Wein Agency Real Estate
Listed By: Michael Doto ()
Source: Fortuneluxuryrealty
Added: Jul 24 Changed: Aug 29 Last Checked: Aug 26 at 5:43AM

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 Wein Agency Real Estate

Investment Insights

Based on property information with market context.

This mixed-use property combines a commercial storefront with floor-to-ceiling glass, a half bathroom, and two one-bedroom apartments with separate entrances. An oversized detached garage adds additional usable space and includes its own ductless system and half bathroom. A new roof is scheduled for installation.

The building is located at 172 W Madison Avenue in Dumont, New Jersey. Utilities are separately metered across three meters, while all four units are equipped with new ductless systems providing air conditioning and supplemental heat. The parcel is fully fenced, supporting a clearly defined property layout for the storefront, apartments, and detached garage.

Key Highlights

  • Commercial storefront with floor‑to‑ceiling glass and half bathroom
  • Two one‑bedroom apartments with private entrances
  • Oversized detached garage with ductless system and half bathroom

Property Analytics

Current Use

Scootaround Wheelchair Rental Service

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store Cosmetic Store

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

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

973
Businesses Nearby

Demographics for 07628, NJ

17,863
Population
6,781
Households
2.6
Avg Household Size
43
Median Age
47%
College-Educated
95%
High-School Grad
1.9 sq mi
ZIP Area
9,402
Density / Sq Mi
$125,585
Median Household Income
$60,663
Median Earnings
$1,778
Median Rent
$469,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Storefront, two one-bedroom apartments, and a detached garage create a flexible four-unit configuration.
Where is this mixed-use property located?
The property is located at 172 W Madison Ave Dumont, NJ.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Commercial storefront with floor‑to‑ceiling glass and half bathroom; Two one‑bedroom apartments with private entrances; Oversized detached garage with ductless system and half bathroom
More about this property
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