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Property profile

8 Shunpike Rd Madison, NJ 07940

FOR SALE
Medical Office Space
Property ID
US59-1511559
9,398 SF 1.1 ac lot
Last sale Jan 2021
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Property summary

AI-generated overview

Suite #4 is a bright end-unit medical office containing 1,024 square feet of usable space and configured for clinical use. The interior layout includes a waiting room and reception area, three exam rooms, one private office, storage, a kitchenette, a closet, and a powder room. The suite is zoned for medical use, and air conditioning is provided by separate units. The suite is located within a 10,000-square-foot multi-unit medical building originally built in 1964, consisting of 7 units, with a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$43k
Tax billed · 2022
Assessed value · 2023$2.10M
Assessed land$1.32M
Assessed improvement$785k
Effective rate2.05%

Value estimate

· Oct 2026
$1.38M
$1.24M – $1.51M
NOI build-up
Gross scheduled income$264k
Vacancy & credit loss−$16k
Operating expenses−$99k
NOI · 49.63% cap applied$149k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
49.63%
$149k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
P
The intent of this zone is to promote business, medical, professional, executive or administrative offices, public parks and playgrounds,...
General categoryCOMMERCIAL
JurisdictionMORRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.2
Hair Salon15.6
Restaurant13.0

Location

8 Shunpike Rd Madison, NJ 07940
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
3 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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