Multifamily

Madison, NJ Multifamily Properties for Sale

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Chatham Twp, NJ Chatham, NJ Florham Park, NJ Summit, NJ Morristown, NJ East Hanover, NJ New Providence, NJ Cedar Knolls, NJ
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Duplex with Detached Garage
Updated: Oct 28
Duplex with Detached Garage

9 North Street, Madison, NJ 07940

$899,000
2,412 sqft 0.18 AC lot
Two units, each with 2 bedrooms and 1 bath
2,412 square feet on a 0.18‑acre lot
Finished third‑floor space in the second‑floor unit
First‑floor unit features an updated kitchen and rear deck
Full basement with shared laundry area and storage
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Duplex with Detached Garage
Updated: Oct 28
Duplex with Detached Garage

9 North St, Madison, NJ 07940

$899,000
0.18 AC lot
Two residences, each with 2 bedrooms and 1 full bathroom
0.18‑acre lot in Madison
Upper residence includes finished third‑floor space
First‑floor unit features an updated kitchen and deck
Full unfinished basement with shared laundry and bilco‑door access
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2-Unit Duplex with Garage
2-Unit Duplex with Garage

9 North Street, Madison, NJ 07940

$899,000

The property includes a detached two-car garage and a private backyard.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
6-Unit Apartment Building
6-Unit Apartment Building

50 Cook Ave, Madison, NJ 07940

$2,750,000
6,954 sqft

Individual utility metering and separate heating equipment serve the apartments.

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6-Unit Apartment Building
6-Unit Apartment Building

50 Cook Ave #1-6, Madison, NJ 07940

$2,750,000

Six residences have individual water heaters, furnaces, and utility meters, while the landlord covers common-area utilities.

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Two-Unit Duplex With Garages
Two-Unit Duplex With Garages

55 Myrtle Ave, Madison, NJ 07940

$865,000

Two-level duplex with separate entrances, multiple garage improvements, and renovation needs for an as-is sale.

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Multifamily
Multifamily

213-215 Main Street, Madison, NJ 07940

Contact for pricing

Multifamily properties

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7 active listings match your search: Multifamily for sale in Madison, NJ. Based on your search, we've also compiled 17 Potential Opportunities for your consideration: 4 properties in nearby cities, 11 off-market properties to explore as potential leads, and 2 land listings with development potential.

Opportunities in Nearby Cities

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

Side-by-Side Duplex
Side-by-Side Duplex

81 Summit Ave, Chatham, NJ 07928

$925,000
3,372 sqft

Two residences have separate driveways and utilities, with R-3 zoning.

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Mixed-Use Property with Storefront
Mixed-Use Property with Storefront

Whippany, NJ 07981

$389,000
9,999 sqft

The upper level contains two apartments, while a walkout basement provides storage and space for building mechanicals.

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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.

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Mixed-Use Property with Storefront
Mixed-Use Property with Storefront

Whippany, NJ 07981

$389,000

Commercial frontage supports a storefront, while two upper-level apartments add residential flexibility.

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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.

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.

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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.

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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.

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
View details
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
View details
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
View details
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
View details
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
View details
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
View details
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
View details
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
View details
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
View details
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
View details
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
View details

Madison, NJ Multifamily Properties Market Trends and Statistics

Explore 18 multifamily properties for sale in Madison, NJ, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 9,366 square feet of properties for sale, with an estimated market value of $9,062,000.

Sale prices for multifamily properties in Madison, NJ start at $865,000, averaging $1,510,333, and reaching up to $2,750,000 — 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 4
Apartment buildings 2

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 $1.4M

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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