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$1,200 Just Listed
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Property Description
Newly renovated commercial space on Main Street in Madison, with private parking. This space is located in the completely renovated lower level with a private zero-step entry off the parking lot, office/treatment space, private new bath, waiting area and plenty of storage. The lower level is filled with natural light and has a glass door leading outside and 3 large windows. Great opportunity to move your business to Madison with Main Street Signage. Madison is named by NJ Monthly magazine as a #1 Town in NJ. Located 1 mile from the NJ Transit Madison train station and steps from the NJ Transit bus line.
Full Property Details
Full Property Details for 242 Main St
General
- Price: $1,200
- Taxes: $10,157 (2024)
- Status: Active
- Type: Commercial Lease
- Source: Garden_State
- MLS ID: 4008516
- Updated: Today (2/5/2026)
- Added to Site: Today
Rental Information
- Lease/Rent Term: Mixed
- Lease Includes: Cooling, Electric, Gas, Heat, Sewer, Taxes, Water
- Lease Terms: 2 Year Minimum
Interior
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Restrooms: 3
Additional Information
- Equipment: Restrooms - Private, Smoke Detector, Storage Area(s)
Exterior
- Color: Beige
Parking
- Garage Spaces: 3
- Total Spaces: 10
- Parking: Driveway-Exclusive, Off-Street Parking, Parking Lot-Exclusive
Location
- County: Morris
- Driving Directions: Main Street in Madison, NJ
- Location Details: Business District
Heating & Cooling
- Cooling Type: 1 Unit
- Heating Type: 1 Unit
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Finished, Full, Storage
- Roof: Asphalt Shingles
- Stories in Building: 2
- Square Feet: 1,800
- Aprox. Leasable: 400 Sq. Ft.
- Previous Bldg. Use: Medical Spa
- Office: 1,800 Sq. Ft.
- Year Built: 1940
- Remodeled/Updated: 2025
Lot Features
- Lot Size (Acres): 0.15
- Lot Size: 55X116
- Permitted Use: Retail sales & service, office, medical, spa,
- Zoning: CC
Financial Considerations
- Assessment Amount: $476,900
- Land Assmt: $294,000
- Tax Amount: $10,157
- Tax Year: 2024
- Owner Pays: Electric, Gas, Heat, Maintenance-Lawn, Sewer, Water
- Tenant Pays: Snow Removal
- Pays Utilities: Landlord
Disclosures and Reports
- APN: 2317-02206-0000-00003-0000-
- Block: 2206
- Lot Number: 3
Listed by Driscoll Real Estate Llc
Get Pre-Approved Today
Schools
Schools serving 242 Main St
School District:Madison Borough School District
| Name | Grades | Distance |
|---|---|---|
Kings Road School 215 Kings Road, Madison, NJ 07940 | K-5 | 0.2 mi |
Central Avenue Elementary School 50 Central Avenue, Madison, NJ 07940 | PK-5 | 0.8 mi |
Madison Junior Middle School 160 Main Street, Madison, NJ 07940 | 6-8 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 242 Main St
Date
Details
Price
Change
Source
2/05/2026
Listed
$1,200
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 242 Main St
242 Main St, Madison, NJ 07940 (MLS# 4008516) is a Commercial Lease property. 242 Main St is currently listed for $1,200 and was received on February 05, 2026. Want to learn more about 242 Main St? Do you have questions about finding other Commercial Lease real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

