Date
Details
Price
Change
Source
10/09/2026
Listed
$2,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,750,000 Just Listed
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Property Description
Great investment opportunity to own a rare 6 unit apartment building in Downtown Madison. Walking distance to Madison Train Station and steps away from Main St, offering shops, restaurants and entertainment. The building has separate water heaters, furnaces and electric, gas and water meters. Landlord pays for common area utilities. Tenant parking across the street in permit town parking lot. Roof and siding replaced in 2016. Come see this unique opportunity with six units (13 bedrooms) all under one roof.
Full Property Details
Full Property Details for 50 Cook Ave
General
- Price: $2,750,000
- Taxes: $17,209 (2025)
- Status: Active
- Type: Apartment
- Source: Garden_State
- MLS ID: 4057999
- Updated: 10/9/2026
- Added to Site: 3 day(s) ago
Business
- Includes: Building & Land
Interior
- Flooring: Carpeting, Tile, Vinyl-Linoleum
Rooms
Bathrooms
- Total Bathrooms: 6
- Restrooms: 6
Additional Information
- Equipment: Appliances, Smoke Detector
Exterior
- Color: Cream
Parking
- Parking: None
Location
- County: Morris
- Subdivision: DOWNTOWN
- Driving Directions: Main St to Central to left onto Cook #50
- Location Details: Business District
Heating & Cooling
- Cooling Type: Wall A/C Unit(s)
- Heating Type: 4+ Units, Baseboard - Hotwater, See Remarks
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas, Cable TV Available, Garbage Included
Structural Information
- Construction: Wood
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt Shingles
- Square Feet: 6,954
- Year Built: 1976
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 3
- 3 Bedroom Units: 2
- Units w/Full Bath: 6
Lot Features
- Lot Size (Acres): 0.11
- Lot Size: 44X104
- Zoning: muti family
- Lot Description: Level Lot
Financial Considerations
- Price Per Sq. Ft.: $396
- Expenses: Electricity, Maintenance - Exterior, Maintenance - Interior, See Remarks, Taxes
- Assessment Amount: $763,500
- Land Assmt: $185,000
- Tax Amount: $17,209
- Tax Year: 2025
- Owner Pays: Maintenance-Common Area
- Tenant Pays: Cable T.V., Electric, Gas, Heat, Hot Water, See Remarks, Sewer, Water
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses, Leases
- APN: 2317-01601-0000-00010-0000-
- Block: 1601
- Lot Number: 10
Listed by Charles Patrick Realtors
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 50 Cook Ave —
Charles Patrick Realtors
973-267-8808
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 50 Cook Ave
Tax History
Tax History for 50 Cook Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,263
4%
$763,500
—
2022
$15,682
1%
$763,500
—
2021
$15,469
3%
$763,500
—
2019
$15,064
3%
$763,500
—
2018
$14,682
1%
$763,500
—
2017
$14,568
2%
$763,500
—
2016
$14,316
2%
$763,500
—
2015
$14,048
5%
$763,500
—
2013
$13,392
—
$763,500
—
Disclaimer: Historical tax 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 50 Cook Ave
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50 Cook Ave, Madison, NJ 07940 (MLS# 4057999) is a Apartment property. 50 Cook Ave is currently listed for $2,750,000 and was received on October 09, 2026. Want to learn more about 50 Cook Ave? Do you have questions about finding other Apartment real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.