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Madison, NJ

Multifamily

Madison, NJ Multifamily Properties 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

Two-Unit Duplex With Garages

Updated: Sep 18

Two-Unit Duplex With Garages

55 Myrtle Ave, Madison, NJ 07940

$865,000

Two‑unit duplex built in 1951
First‑floor unit includes a finished lower level
Second‑floor unit has a separate private entrance
Attached 1‑car garage plus detached 2‑car garage with attic
Wraparound deck, storage shed, level yard, and ample parking

Multifamily

Updated: Aug 4

Multifamily

213-215 Main Street, Madison, NJ 07940

Contact for pricing

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 2 Active listings in Madison, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, plus 2 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.

Victorian Quadplex with Updated Interiors

Victorian Quadplex with Updated Interiors

2 Hillside Ave, Summit, NJ 07901

$1,800,000

4,239 sqft 0.17 AC lot

Four apartments pair refreshed kitchens and baths with original architectural details and dedicated storage.

Duplex with Two-Unit Layout

Duplex with Two-Unit Layout

26 Hillside Ave, Chatham, NJ 07928

$950,000

0.17 AC lot

Two residential units include a vacant lower-level apartment, upper living space, basement storage, and substantial off-street parking.

Historic Chatham Borough Mixed-Use Property

Historic Chatham Borough Mixed-Use Property

368 Main St, Chatham, NJ 07928

$925,000

2,455 sqft

Versatile building in downtown Chatham, zoned for office and residential.

Victorian-Style Duplex

Victorian-Style Duplex

600 Springfield Ave, Summit, NJ 07901

$899,000

Two residences share a welcoming entryway, with flexible living areas, private outdoor space, and month-to-month tenancy.

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.

Detached Two-Family Duplex

Detached Two-Family Duplex

69 Martense Street, Brooklyn, NY 11226

$1,888,888

0.10 AC lot

Detached two-family residence with two three-bedroom apartments, a separate-entry basement, and public water and sewer service.

Flatbush Development Property For Sale

Flatbush Development Property For Sale

14 E 32nd Street lot: 13, Brooklyn, NY 11226

$1,249,000

1,407 sqft 0.09 AC lot

40 x 100 lot with R6, C1-2 zoning.

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.

5 Chateau Thierry Ave

APARTMENT HOUSE (UNDER 5 UNITS)

5 Chateau Thierry Ave, Madison, NJ 07940-1129

Estimated value:

$1,885,000

4,611 sqft 0.54 AC lot

25 Cross St

APARTMENT HOUSE (UNDER 5 UNITS)

25 Cross St, Madison, NJ 07940-2133

Estimated value:

$820,000

5,077 sqft 0.37 AC lot

16 Cook Ave

APARTMENT HOUSE (UNDER 5 UNITS)

16 Cook Ave, Madison, NJ 07940-1839

Estimated value:

$700,000

3,699 sqft 0.21 AC lot

15 Madison Ave

APARTMENT HOUSE (UNDER 5 UNITS)

15 Madison Ave, Madison, NJ 07940-1471

Estimated value:

$1,065,000

6,256 sqft 0.58 AC lot

16-18 Elm St, Unit 18

APARTMENT HOUSE (UNDER 5 UNITS)

16-18 Elm St, Madison, NJ 07940-1549

Unit 18

Estimated value:

$475,000

5,538 sqft 0.22 AC lot

47 Madison Ave

APARTMENT HOUSE (UNDER 5 UNITS)

47 Madison Ave, Madison, NJ 07940-1475

Estimated value:

$380,000

5,565 sqft 0.69 AC lot

49 Park Ave

APARTMENT HOUSE (UNDER 5 UNITS)

49 Park Ave, Madison, NJ 07940-1517

Estimated value:

$375,000

3,563 sqft 0.68 AC lot

7 Community Pl

APARTMENT HOUSE (UNDER 5 UNITS)

7 Community Pl, Madison, NJ 07940-1836

Estimated value:

$360,000

4,230 sqft 0.14 AC lot

95 Madison Ave

APARTMENT HOUSE (UNDER 5 UNITS)

95 Madison Ave, Madison, NJ 07940-1472

Estimated value:

$555,000

5,176 sqft 0.54 AC lot

3 Locust St

APARTMENT HOUSE (UNDER 5 UNITS)

3 Locust St, Madison, NJ 07940-1636

Estimated value:

$350,000

2,988 sqft 0.18 AC lot

36 Ww St

APARTMENT HOUSE (UNDER 5 UNITS)

36 Ww St, Madison, NJ 07940-1555

Estimated value:

$325,000

3,564 sqft 0.17 AC lot

Madison, NJ Multifamily Properties Market Trends and Statistics

Explore 13 multifamily properties for sale in Madison, NJ on our real estate platform.

Sale prices for multifamily properties in Madison, NJ average $865,000 — 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

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	$1.1M

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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