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    Madison, NJ Multifamily Properties for Sale

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    Chatham Twp, NJ Chatham, NJ Florham Park, NJ
    Renovated Two-Unit Town Duplex
    $1,100,000
    0.24 Acres
    Renovated Two-Unit Town Duplex

    14 Locust St, Madison, NJ 07940

    Renovated two-story duplex with two sizable units, in-unit laundry, and a large detached garage for flexible living or income.
    • Two‑family home with 1st floor occupied and 2nd floor vacant
    • 1st floor renovation completed again 2 years ago; includes barn doors, custom closets, eat‑in kitchen, formal dining room, and mud room
    • 2nd floor is a 3‑bedroom, 2‑bath layout with a huge eat‑in kitchen and newer hardwood floors
    • Full unfinished basement and washer/dryer provided in both apartments
    • Oversized 2‑car garage with loft, plus a deep lot
    Updated: May 27
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    Renovated Two-Family Duplex
    $1,100,000
    Renovated Two-Family Duplex

    14 Locust St, Madison, NJ 7940

    Turn-key renovated two-family setup with in-unit washer/dryer, offering flexible owner-occupant or rental income options.
    • Renovated two‑family with in‑unit washer/dryer in both apartments
    • 1st floor renovated again 2 years ago, featuring barn doors, custom closets, eat‑in kitchen, formal dining room, and mud room
    • Upstairs unit offers 3 bedrooms and 2 baths with a huge eat‑in kitchen and newer hardwood floors
    • 1st floor is occupied and the 2nd floor is vacant
    • Oversized 2‑car garage with loft plus a full unfinished basement
    Updated: Jun 3
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    Based on your search, we've compiled 21 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 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.

    Summit City Duplex For Sale
    $1,195,000
    0.14 Acres
    Summit City Duplex For Sale

    Rare duplex in prime Summit location near shops and transportation.

    718 Springfield Ave, Summit, NJ 07901

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    Summit Duplex in Prime Location
    $1,195,000
    Summit Duplex in Prime Location

    Two-family duplex in Summit near shops, dining, parks, and transportation.

    718 Springfield Ave, Summit, NJ 7901

    View details
    Historic Mixed-Use Office & Apartments
    $1,499,000
    3,667 SF
    Historic Mixed-Use Office & Apartments

    Downtown mixed-use building with office space, two apartments, and 22 on-site parking spaces.

    331 Main St, Chatham, NJ 7928

    View details
    Historic Chatham Borough Mixed-Use Property
    $925,000
    2,455 SF
    Historic Chatham Borough Mixed-Use Property

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

    368 Main St, Chatham, NJ 7928

    View details

    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.

    Brooklyn Two-Family Home with Development Potential
    $1,888,888
    2,660 SF
    Brooklyn Two-Family Home with Development Potential

    Two-family home on a large lot with significant development potential.

    69 Martense Street, Brooklyn, NY 11226

    View details
    Flatbush Development Property For Sale
    $1,249,000
    1,407 SF
    Flatbush Development Property For Sale

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

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

    View details
    Land Near Camelback Resort
    Contact for pricing
    0.18 Acres
    Land Near Camelback Resort

    Open lot near Camelback, suitable for RV, tiny home, or mobile.

    250 Big Hill Pass, Scotrun, PA 18355

    View details
    Expansive Land Parcel in Holmes
    $750,000
    2,480 SF
    Expansive Land Parcel in Holmes

    75+ acre land parcel with garage near I-84.

    545 Grape Hollow Road, Holmes, NY 12531

    View details

    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)
    4,611 SF Lot: 0.54 Acres
    Estimated value
    $1,365,000

    5 Chateau Thierry Ave, Madison, NJ 07940-1129

    View details
    25 Cross St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,077 SF Lot: 0.37 Acres
    Estimated value
    $820,000

    25 Cross St, Madison, NJ 07940-2133

    View details
    16 Cook Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,699 SF Lot: 0.21 Acres
    Estimated value
    $700,000

    16 Cook Ave, Madison, NJ 07940-1839

    View details
    15 Madison Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,256 SF Lot: 0.58 Acres
    Estimated value
    $1,065,000

    15 Madison Ave, Madison, NJ 07940-1471

    View details
    16-18 Elm St, Unit 18
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,538 SF Lot: 0.22 Acres
    Value Estimation by Request
    Unit 18

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

    View details
    47 Madison Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,565 SF Lot: 0.69 Acres
    Value Estimation by Request

    47 Madison Ave, Madison, NJ 07940-1475

    View details
    49 Park Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,563 SF Lot: 0.68 Acres
    Value Estimation by Request

    49 Park Ave, Madison, NJ 07940-1517

    View details
    7 Community Pl
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,230 SF Lot: 0.14 Acres
    Value Estimation by Request

    7 Community Pl, Madison, NJ 07940-1836

    View details
    95 Madison Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,176 SF Lot: 0.54 Acres
    Estimated value
    $555,000

    95 Madison Ave, Madison, NJ 07940-1472

    View details
    3 Locust St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,988 SF Lot: 0.18 Acres
    Value Estimation by Request

    3 Locust St, Madison, NJ 07940-1636

    View details
    36 Ww St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,564 SF Lot: 0.17 Acres
    Value Estimation by Request

    36 Ww St, Madison, NJ 07940-1555

    View details

    Madison, NJ Multifamily Properties Market Trends and Statistics

    Explore 13 multifamily properties for sale in Madison, NJ on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,200,000.

    Sale prices for multifamily properties in Madison, NJ start at $1,100,000, averaging $1,100,000, and reaching up to $1,100,000 — 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

    Duplexes 3

    Demographics Overview

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

    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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