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    Updated Medical Office End Unit
    Updated: Mar 24
    Updated Medical Office End Unit

    8 Shunpike, Madison, NJ 07940

    $300,000
    1,024 sqft 1.10 AC lot
    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.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    8 Shunpike, Madison, NJ 07940-2740

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    • Est. Cap Rate

      5.2%
      NOI ÷ price

    • Est. NOI

      $16K
      Annual

    • Price @ 7% Cap

      $224K
      Suggested
    View Property Analytics
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Madison, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

    Three-Level Professional Office Building
    Three-Level Professional Office Building

    24 Washington Ave, Chatham, NJ 07928

    $1,250,000
    3,590 sqft

    Well-appointed three-level office with dedicated parking, suitable for owner-occupants or investors in downtown Chatham.

    View details
    Professional Office Unit For Sale
    Professional Office Unit For Sale

    256 Columbia Tpke, Florham Park, NJ 07932

    $695,000
    900 sqft

    Multi-tenant office building with loft area available for sale.

    View details
    Main Street Corner Property
    Main Street Corner Property

    560 Main St, Chatham, NJ

    Contact for pricing
    6,600 sqft 0.38 AC lot

    Premier location with redevelopment potential in Chatham Borough.

    View details
    Prime Office Location in Florham
    Prime Office Location in Florham

    Florham Park, NJ 07932

    Contact for pricing

    Office space in a vibrant community with convenient amenities.

    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.

    B-B Zoned Commercial Land
    B-B Zoned Commercial Land

    729 Mountain Blvd, Watchung, NJ 07069

    $449,000

    Commercial land in a B-B zoning district with all utilities available in the street and multiple professional/medical permitted uses.

    View details
    Piscataway Land Investment Opportunity
    Piscataway Land Investment Opportunity

    1315 West 6th Street, Piscataway, NJ 08854

    $174,900
    3,999 sqft 0.09 AC lot

    Cleared lot in Piscataway, potential investment with GB zoning.

    View details
    Piscataway Land Development Opportunity
    Piscataway Land Development Opportunity

    115 Stelton Road, Piscataway, NJ 08854

    $279,000
    0.12 AC lot

    Prime 0.1171-acre lot in high-traffic area, ideal for development.

    View details
    Three Unimproved Land Parcels
    Three Unimproved Land Parcels

    1561 Sussex Tpke, Randolph, NJ 07869

    $600,000

    Three land parcels with road frontage, suitable for development.

    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.

    8 Shunpike Rd
    MEDICAL BUILDING

    8 Shunpike Rd, Madison, NJ 07940-2740

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

    300 Main St, Madison, NJ 07940

    Value Estimation by Request
    18,129 sqft
    View details
    14 Main St
    Office Spaces

    14 Main St, Madison, NJ 07940

    Value Estimation by Request
    0.80 AC lot
    View details
    78-80 Main St
    Office Spaces

    78-80 Main St, Madison, NJ 07940

    Value Estimation by Request
    View details

    Madison, NJ Office Spaces Market Trends and Statistics

    Explore 5 office spaces for sale in Madison, NJ on our real estate platform. These investment opportunities span a total of 1,024 square feet of properties for sale, with an estimated market value of $300,000.

    Sale prices for office 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 5
    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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