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$300,000 -$150,000 (-33.33%) Price Reduced

  • For Sale
  • Active
  • Office
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End Unit is Bright & Sunny 1,024 square feet Medical Office Suite #4. Ideal location close to parking with easy & direct access. Waiting Room, Reception, 3 Exam Rooms, 1 Private Office, Storage Room, Kitchenette, Closet & Powder Room. Must be Medical or Dental Use. There are 7 Units in this 10,000 square foot Building with a Partnership Agreement. Monthly Fee is $1792 includes all expenses, maintenance (trash & recycle removal, snow removal, & landscaping), utilities (heat, electric of common area, water/sewer, and insurance). Air Conditioning is separate units. The roof was redone in 2021. Located in the Heart of Madison. 4.5 Miles to Morristown Medical Center. 5.4 Miles to Overlook Medical Center. Close to shops, restaurants, Rt. 78 & Rt. 287.

Full Property Details for 8 Shunpike Rd

General

  • Price: $300,000
  • Taxes: $44,832 (2024)
  • Status: Active
  • Type: Office
  • Source: Garden_State
  • MLS ID: 3975459
  • Updated: 4/29/2026
  • Added to Site: 288 day(s) ago

Business

  • Includes: See Remarks

Interior

  • Flooring: Carpeting, See Remarks, Vinyl-Linoleum

Rooms

Bathrooms

  • Total Bathrooms: 7
  • Restrooms: 7

Additional Information

  • Equipment: See Remarks, Smoke Detector

Parking

  • Garage Spaces: 60
  • Total Spaces: 60
  • Parking: 1 Car Width, Additional Parking, Blacktop, Parking Lot-Exclusive

Location

  • County: Morris
  • Subdivision: Madison Professional Bldg
  • Driving Directions: Route 24 to River Road to Chatham Road to Shunpike or Green Village Road to Shunpike
  • Location Details: Business District, Freestanding

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, Cable TV Available, Garbage Included

Structural Information

  • Construction: Brick/Block
  • Exterior Const.: Brick/Block
  • Basement: Yes
  • Basement Desc.: Partial, Storage, Unfinished
  • Roof: Flat, Rubberized
  • Ceiling Height: 8
  • Stories in Building: 2
  • Square Feet: 10,000
  • Aprox. Leasable: 1,024 Sq. Ft.
  • Previous Bldg. Use: Pediatrician
  • Office: 1,024 Sq. Ft.
  • Year Built: 1964
  • Remodeled/Updated: 2021

Lot Features

  • Lot Size (Acres): 1.1
  • Lot Size: 225 X 213
  • Permitted Use: Medical, Dental, Pediatrics, Cardiology, Psychiatry
  • Zoning: Medical
  • Lot Description: Open Lot, Wooded Lot

Financial Considerations

  • Expenses: Insurance, Maintenance - Exterior, Property Management, Snow Removal, Taxes, Trash, Water/Sewer
  • Assessment Amount: $2,104,800
  • Land Assmt: $1,320,000
  • Tax Amount: $44,832
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Condominium
  • Documents Avail.: No Documents Available, See Remarks
  • Disclosures: Yes
  • APN: 2317-04501-0000-00009-0000-
  • Block: 4501
  • Lot Number: 9

Listed by KL SOTHEBY'S INT'L. REALTY

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Listing agent

— 8 Shunpike Rd —

  • KL SOTHEBY'S INT'L. REALTY

908-334-1151

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 8 Shunpike Rd

School District:Madison Borough School District
NameGradesDistance
Torey J. Sabatini Elementary School
Glenwild Circle, Madison, NJ 07940
K-50.7 mi
Madison Junior Middle School
160 Main Street, Madison, NJ 07940
6-81.3 mi
Madison High School
170 Ridgedale Avenue, Madison, NJ 07940
9-122 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8 Shunpike Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/29/2026
Price Reduced
$300,000
-33.33%
MLS
7/15/2025
Listed
$450,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 8 Shunpike Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$44,832
4%
$2,104,800
—
2022
$43,233
1%
$2,104,800
—
2021
$42,643
3%
$2,104,800
—
2019
$41,528
3%
$2,104,800
—
2018
$40,475
1%
$2,104,800
—
2017
$40,160
2%
$2,104,800
—
2016
$39,465
2%
$2,104,800
—
2015
$38,728
5%
$2,104,800
—
2013
$36,918
—
$2,104,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by KL SOTHEBY'S INT'L. REALTY

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8 Shunpike Rd, Madison, NJ 07940 (MLS# 3975459) is a Office property. 8 Shunpike Rd is currently listed for $300,000 and was received on July 15, 2025. Want to learn more about 8 Shunpike Rd? Do you have questions about finding other Office real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

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