Building Details

Buildings 2

Stories 3

Units 7

Tenancy Multi

Listing Agency: Cushman & Wakefield - Morristown, New Jersey Show Phone

Listed By: Jordan Sobel · License #NJ 1969050

Source: Crexi

Added: Aug 4 Changed: Aug 9 Last Checked: Aug 8 at 3:29AM

Report an Issue

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 Cushman & Wakefield - Morristown, New Jersey

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Computer & Electronic Repair Auto Parts Store (Bike/Boat/Book/etc) Store Storage Facility Garden Center Food Market

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

Location Intelligence

Trade Area within ½ mile

1,315

Businesses Nearby

Explore this area Business Placement

Demographics for 07940, NJ

18,403

Population

5,733

Households

3.2

Avg Household Size

34

Median Age

71%

College-Educated

97%

High-School Grad

4.9 sq mi

ZIP Area

3,756

Density / Sq Mi

$168,520

Median Household Income

$53,352

Median Earnings

$2,248

Median Rent

$883,200

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Updated Medical Office End Unit

8 Shunpike, Madison, NJ 07940

$300,000

1,024 SF

View details

Renovated Duplex with Oversized Garage

14 Locust St, Madison, NJ 07940

$1,100,000

0.24 Acres

View details

Renovated Two-Family Duplex

14 Locust St, Madison, NJ 07940

$1,100,000

View details

Frequently Asked Questions

Where is this multifamily property located?

The property is located at 213-215 Main Street Madison, NJ.