1 Madison Ave, Morristown, NJ 07960 - Photo 1

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$3,500

For Lease
Active
Commercial Lease

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Property Description

We are offering a quiet and professional 3rd story of our office building which contains a 5-office suite, waiting area, and bathroom at 1 Madison Avenue, Morristown. This space is ideal for therapists, accountants, attorneys, or other professional uses. Rent is all-inclusive with no additional costs for utilities. Tenants enjoy access to a beautiful lobby with custom woodwork, shared kitchen, and a walkout deck with outdoor meeting space. The building offers a prime Morristown location with easy access to Route 287.

Full Property Details

Full Property Details for 1 Madison Ave

General

Price: $3,500
Taxes: $36,697 (2024)
Status: Active
Type: Commercial Lease
Source: Garden_State
MLS ID: 3988302
Updated: 12/9/2025
Added to Site: 143 day(s) ago

Business

Includes: Lease Only, See Remarks

Rental Information

Lease/Rent Term: Net
Lease Includes: Building Maintenance, Common Area Maint, Cooling, Electric, Gas, Heat, Janitor Services, Sewer, Taxes, Trash Removal, Water
Lease Terms: 3-5 Year Minimum, Negotiable

Interior

Flooring: Carpeting

Rooms

Bathrooms

Total Bathrooms: 1
Restrooms: 1

Additional Information

Equipment: Appliances, Fire Alarm, Fixtures, Furniture, Kitchen Area, Office Equipment, Restrooms - Private, Smoke Detector

Parking

Parking: Off-Street Parking, Parking Lot-Exclusive

Location

County: Morris
Driving Directions: GPS/MAPS 1 Madison Ave, Morristown New Jersey
Location Details: Business District, Freestanding, See Remarks

Heating & Cooling

Cooling Type: Wall A/C Unit(s)
Heating Type: Floor/Wall Heater, See Remarks
Heating Fuel: Electric, See Remarks

Utilities

Sewer: See Remarks
Water: See Remarks
Utility Description: See Remarks, Garbage Included, Internet Available, Prewired for Phone

Structural Information

Door Dimensions: 72
Stories in Building: 3
Aprox. Leasable: 2,470 Sq. Ft.
Year Built: 1905

Lot Features

Lot Size (Acres): 0.47
Lot Size: 20475SF
Permitted Use: Commercial
Zoning: Commercial

Financial Considerations

Expenses: Electricity, Maintenance - Exterior, Maintenance - Interior, Property Management, Snow Removal, Taxes, Trash, Water/Sewer
Assessment Amount: $1,600,000
Land Assmt: $1,100,000
Tax Amount: $36,697
Tax Year: 2024
Owner Pays: Electric, Heat, Maintenance-Common Area, Maintenance-Lawn, Sewer, Snow Removal, Trash Removal, Water
Tenant Pays: No Utilities
Pays Utilities: Landlord

Disclosures and Reports

Documents Avail.: See Remarks
APN: 2324-06501-0000-00007-0000-
Block: 6501
Lot Number: 7

Listed by Weichert Realtors

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— 1 Madison Ave —

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732-710-0180

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Schools

Schools serving 1 Madison Ave

School District:Morris Township School District

Name	Grades	Distance
Morristown High School 50 Early Street, Morristown, NJ 07960	9-12	1.2 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 1 Madison Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

12/09/2025

Price Reduced

$3,500

-12.5%

MLS

9/22/2025

Listed

$4,000

—

MLS

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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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1 Madison Ave, Morristown, NJ 07960 (MLS# 3988302) is a Commercial Lease property. 1 Madison Ave is currently listed for $3,500 and was received on September 22, 2025. Want to learn more about 1 Madison Ave? Do you have questions about finding other Commercial Lease real estate for sale in Morristown? You can browse all Morristown real estate or contact a Coldwell Banker agent to request more information.

1 Madison Ave Morristown, NJ 07960