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$300,000 Just Listed
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Property Description
End unit, updated in 2025, 1024 square feet Medical Office. Reception area/waiting area, reception office, 3-4 exam rooms, private office, kitchenette, bathroom, closet with door lock. Must be medical or dental use. The building is divided into 7 units with a partnership agreement. Monthly fee of $1792 includes maintenance- trash & recycle removal, landscaping, snow removal; utilities- heat, electric for common areas, water, sewer and insurance. Central heating system consists of gas forced hot air with package air conditioning. Roof new in 2021 is flat with wood deck and tar covering. Conveniently located close to Morristown Memorial & Overlook Hospitals, shops, restaurants, routes 24, 78 and 287.
Full Property Details
Full Property Details for 8 Shunpike
General
- Price: $300,000
- Taxes: $44,832 (2025)
- Status: Active
- Type: Office
- Source: Garden_State
- MLS ID: 4015444
- Updated: 3/19/2026
- Added to Site: 1 day(s) ago
Business
- Includes: See Remarks
Interior
- Flooring: Carpeting, Vinyl-Linoleum
Rooms
Bathrooms
- Total Bathrooms: 7
- Restrooms: 7
Additional Information
- Equipment: Fire Alarm, Handicapped Access, Restrooms - Private, Sign - Freestanding, Smoke Detector, Storage Area(s)
Exterior
- Color: Brown
Parking
- Garage Spaces: 50
- Total Spaces: 50
- Parking: 1 Car Width, Additional Parking, Blacktop, Parking Lot-Exclusive
Location
- County: Morris
- Subdivision: Medical Professional Bldg
- Driving Directions: Route 24 to River Road to Chatham Road to 8 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: All Underground, Electric, Natural Gas, Cable TV Available, Garbage Included
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block, Wood
- Basement: Yes
- Basement Desc.: Partial, Storage, Unfinished
- Roof: Flat, Rubberized
- Stories in Building: 2
- Square Feet: 10,000
- Aprox. Leasable: 1,024 Sq. Ft.
- Office: 1,024 Sq. Ft.
- Year Built: 1964
- Remodeled/Updated: 2021
Lot Features
- Lot Size (Acres): 1.1
- Lot Size: 225 x 213
- Zoning: Medical
- Lot Description: Open Lot, Wooded Lot
Financial Considerations
- Expenses: Insurance, Maintenance - Exterior, Property Management, Snow Removal, Taxes, Water/Sewer
- Assessment Amount: $2,104,800
- Land Assmt: $1,320,000
- Tax Amount: $44,832
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: No Documents Available, See Remarks
- Block: 4501
- Lot Number: 9
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 8 Shunpike
School District:Madison Borough School District
| Name | Grades | Distance |
|---|---|---|
Torey J. Sabatini Elementary School Glenwild Circle, Madison, NJ 07940 | K-5 | 0.7 mi |
Central Avenue Elementary School 50 Central Avenue, Madison, NJ 07940 | PK-5 | 1.3 mi |
Madison Junior Middle School 160 Main Street, Madison, NJ 07940 | 6-8 | 1.3 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
Date
Details
Price
Change
Source
3/19/2026
Listed
$300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8 Shunpike
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.
Estimate the Cost
Estimate the Cost for 8 Shunpike
8 Shunpike, Madison, NJ 07940 (MLS# 4015444) is a Office property. 8 Shunpike is currently listed for $300,000 and was received on March 19, 2026. This property is listed by Christine Layng from our Summit Office.Want to learn more about 8 Shunpike? 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.


