Medical Premises

Madison, NJ Medical Office Space for Sale

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Chatham Township, NJ Chatham, NJ Florham Park, NJ Summit, NJ Morristown, NJ East Hanover, NJ New Providence, NJ Cedar Knolls, NJ
Updated Medical Office End Unit
Updated: Mar 24
Updated Medical Office End Unit

8 Shunpike Rd, Madison, NJ 07940

$300,000
10,000 sqft
Updated in 2025 medical office space.
Close proximity to Morristown Memorial & Overlook Hospitals.
Includes reception area, 3‑4 exam rooms, private office, kitchenette, and bathroom.
Monthly fee covers maintenance, utilities, and insurance.
Convenient access to routes 24, 78, and 287.
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See what stands out in Morris County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Madison, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Medical Office Suite
Updated Medical Office Suite

330 South St, Morristown, NJ 07960

Contact for pricing
14,000 sqft

ADA access, a kitchenette, and elevator service support a practical professional office configuration.

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Office/Medical Second-Floor Suite
Office/Medical Second-Floor Suite

338 Main St, Chatham, NJ 07928

Contact for pricing
1,600 sqft 0.25 AC lot

Owner-occupied second-floor suite with reception, conference room, and two private offices, plus six private parking spaces.

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First-Floor Private Office Suite
First-Floor Private Office Suite

10 Fairmount Ave, Chatham, NJ 07928

Contact for pricing
288 sqft

First-floor private office with a private waiting area within a four-office suite.

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Updated Medical Office Building
Updated Medical Office Building

59 FRANKLIN ST, Morristown, NJ 07960

Contact for pricing

Office spaces with prior doctor office use, updated interiors, and private parking, located close to Morristown Medical Center.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Medical Uses
Commercial Land with Medical Uses

351 Doctors Way, Hillsborough, NJ 08844

$2,500,000
3.29 AC lot

Commercial HS zoning supports medical offices, business services, restaurants, and designated care facilities.

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Commercial Development Land
Commercial Development Land

812-822 US Highway 206, Hillsborough, NJ 08844

$2,995,000
7.88 AC lot

Three-lot commercial development site with 631 feet of frontage on US Highway 206 in Hillsborough’s HS zone.

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New Construction Ground-Floor Retail Space
New Construction Ground-Floor Retail Space

428 E 9th Street, Brooklyn, NY 11218

$699,000
1,416 sqft 0.29 AC lot

Ground-floor commercial condominium with build-to-suit flexibility in Kensington.

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Harlem Development Opportunity
Harlem Development Opportunity

142 West 131st St New, York, NY 10027

$1,499,000
20,780 sqft 0.07 AC lot

Vacant lot in Central Harlem, ideal for community facility.

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Off-Market Properties in Madison, NJ

Consider similar Off-Market properties in Madison, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

8 Shunpike Rd
MEDICAL BUILDING

8 Shunpike Rd, Madison, NJ 07940-2740

$1,375,000
Estimated value
9,398 sqft 1.10 AC lot
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300 Main St
Medical Office Space

300 Main St, Madison, NJ 07940

Value Estimation by Request
18,129 sqft
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Madison, NJ Medical Office Space Market Trends and Statistics

Explore 3 medical office space for sale in Madison, NJ on our real estate platform. These investment opportunities span a total of 10,000 square feet of properties for sale, with an estimated market value of $300,000.

Sale prices for medical spaces in Madison, NJ average $300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office buildings 4
Office Units 3
Medical Office Space 1

Demographics Overview

Population 18K
Population Growth (5Y) +3.0%
Median Household Income $168,520

High-Yield Neighborhoods for Investment

Identify Madison submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
07940 $300K

Taxes & Financing

Tax Rate (average for all types) 2.09%
Property Tax per SF $8.02 per SF
Tax Rate vs County Average 0.43 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Morris County

New Delisted

Total CRE Inventory on Market (SF)

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