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88 Main St, Madison, NJ 07940
$795,000
88 Main St, Madison, NJ 07940View this property at 88 Main St, Madison, NJ 07940
88 Main StMadisonNJ07940
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Property Description
Explore this exceptional commercial opportunity in the vibrant heart of Madison. Presenting a1536 sq. ft. Freestanding single-story building that boasts a strategic location coupled with numerous amenities, making it an ideal choice for businesses aiming to establish or expand their presence in a bustling community. The property features prominent visibility and high exposure to both pedestrian and vehicular traffic, enhancing your business's accessibility and visibility, It is equipped with convenient front and back entrances, simplifying entry for both customers and staff. The proximity to Madison Train Station, just a few minutes away, further adds to its appeal by facilitating easy commutes.Property Offer Private and shared parking facilities with plenty of space, a rare and valuable feature in a busy town like Madison.Given its prime location and comprehensive features including excellent accessibility, ample parking, and the potential for customized renovations this commercial building offers a remarkable opportunity for almost any kind of business to succeed and flourish.Sold As Is.
Full Property Details
Full Property Details for 88 Main St
General
- Price: $795,000
- Taxes: $7,995 (2023)
- Status: Active
- Type: Retail
- MLS ID: 3899818
- Updated: 5/4/2024
- Added to Site: 14 day(s) ago
Business
- Includes: Building & Business, Building & Land
Rooms
Bathrooms
- Total Bathrooms: 1
- Restrooms: 1
Additional Information
- Equipment: See Remarks
Exterior
- Color: Red Brick
Parking
- Garage Spaces: 5
- Parking: Parking Lot-Exclusive, Parking Lot-Shared
Location
- County: Morris
- Driving Directions: USE GPS
- Location Details: See Remarks
Heating & Cooling
- Cooling Type: 1 Unit, Central Air Conditioning
- Heating Type: 1 Unit
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block
- Roof: See Remarks
- Stories in Building: 1
- Square Feet: 1,536
- Aprox. Leasable: 1,536 Sq. Ft.
- Office: 1,536 Sq. Ft.
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.09
- Lot Size: 25X149
- Zoning: Commercial
Financial Considerations
- Price Per Sq. Ft.: $518
- Assessment Amount: $388,300
- Land Assmt: $217,500
- Tax Amount: $7,995
- Tax Year: 2023
- Pays Utilities: Other
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Survey Available
- APN: 2317-01802-0000-00010-0000-
- Block: 1802
- Lot Number: 10
Listed by Re/Max Select
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Schools
Schools serving 88 Main St
School District:Madison Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
50 Central Ave, Madison, NJ 07940 | PK-5 | 0.2 mi | |
160 Main St, Madison, NJ 07940 | 6-8 | 0.3 mi | |
170 Ridgedale Ave, Madison, NJ 07940 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 88 Main St
Date
Details
Price
Change
Source
5/03/2024
Listed
$795,000
—
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 88 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$7,976
2%
$388,300
—
2021
$7,844
5%
$388,300
—
2018
$7,467
1%
$388,300
—
2017
$7,409
2%
$388,300
—
2016
$7,281
2%
$388,300
—
2015
$7,145
-7%
$388,300
—
2019
$7,661
12%
$388,300
—
2013
$6,811
—
$388,300
—
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 88 Main St
88 Main St, Madison, NJ 07940 (MLS# 3899818) is a Retail property. 88 Main St is currently listed for $795,000 and was received on May 03, 2024. Want to learn more about 88 Main St? Do you have questions about finding other Retail real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.