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Office Unit with Upper-Level Space
For Lease
$2,700/Mo

42 Park Ave 1st Floor, Madison, NJ 07940

Private bathroom, kitchenette, and on-site parking support day-to-day business use.

Space Size1,900 SF
Property Size12,805 SF
Days on Market20

Property Features for 42 Park Ave 1st Floor

General Information

Standard status Active
Size 1,900 SF
Net Rentable 1,900 SF
Class B
Property subtype Mixed Use

Space & Availability

Available Space 1,900 SF
Floor 1-2
Space Use Office

Taxes and HOA fees

Annual Taxes $15,000

Amenities

on-site parking
private bathroom
kitchenette

Building Details

Building Size 12,805 SF
Year Built 1900
Listing Agency: REALTY EXECUTIVES EXCEPTIONAL
Listed By: MICHAEL HAUCK · License #296451
Source: Tkregroupinc
Added: Oct 14 Changed: Nov 1 Last Checked: Nov 1 at 2:56PM

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 REALTY EXECUTIVES EXCEPTIONAL

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office property in Madison, New Jersey, provides approximately 1,000 SF on the first floor, with an additional 450 SF of office area upstairs and 450 SF of storage. The layout also includes a private bathroom and kitchenette. Built in 1900, the building is classified as Class B.

On-site parking is available. The property is located on Park Avenue in Morris County.

Key Highlights

  • Approximately 1,000 SF of first‑floor office space
  • 450 SF of upper‑level office area and 450 SF of storage
  • Private bathroom and kitchenette

Property Analytics

Current Use

Jewish Law Symposium Law Firm CrossFit 377 Gym & Fitness Center Chabad of SE Morris ... Church hansens cabinet shop General Contractor Dave Anderson Furniture ... Renovation Specialist

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Storage Facility Garden Center Pet Grooming Service 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,101
Businesses Nearby

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 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

Frequently Asked Questions

What type of property is this?
Office unit - Private bathroom, kitchenette, and on-site parking support day-to-day business use.
Where is this office unit located?
The property is located at 42 Park Ave 1st Floor Madison, NJ.
What is the lease rate?
The lease rate is $2,700/Mo.
What are key features of this property?
This property features: Approximately 1,000 SF of first‑floor office space; 450 SF of upper‑level office area and 450 SF of storage; Private bathroom and kitchenette
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