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$1,200
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Property Description
Landlord is interested in a business relationship with businesses that can mutually benefit with a client share arrangement. This is not required to rent, but if applcable rent reduction or free rent could be available.
Full Property Details
Full Property Details for 1 Madison Ave
General
- Price: $1,200
- Taxes: $36,697 (2024)
- Status: Active
- Type: Commercial Lease
- Source: Garden_State
- MLS ID: 4002066
- Updated: 12/18/2025
- Added to Site: 56 day(s) ago
Business
- Includes: Lease Only
Rental Information
- Lease/Rent Term: Other
- Lease Includes: Janitor Services, See Remarks
- Lease Terms: 1 Year Minimum, See Remarks
Interior
- Flooring: Carpeting
Additional Information
- Equipment: See Remarks
Exterior
- Color: Green
Parking
- Parking: Additional Parking, Off-Street Parking, Parking Lot-Exclusive
Location
- County: Morris
- Driving Directions: GPS 1 Madison Ave, Whelan Scott building directly across street from Weichert. Office subject is located on 3rd floor of building
- Location Details: Business District, Freestanding, See Remarks
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
- Heating Fuel: See Remarks
Utilities
- Sewer: See Remarks
- Water: See Remarks
- Utility Description: See Remarks, Prewired for Internet
Structural Information
- Basement: Yes
- Basement Desc.: Walk-Out
- Door Dimensions: 80
- Stories in Building: 3
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.47
- Lot Size: 20475SF
- Permitted Use: Office
- Zoning: Commercial
Financial Considerations
- Expenses: Electricity, Maintenance - Exterior, Maintenance - Interior, See Remarks, Snow Removal, Trash, Water/Sewer
- Assessment Amount: $1,600,000
- Land Assmt: $1,100,000
- Tax Amount: $36,697
- Tax Year: 2024
- Owner Pays: Electric, Heat, Hot Water, Repairs, See Remarks, Snow Removal, Trash Removal, Water
- Tenant Pays: See Remarks
- Pays Utilities: Landlord
Disclosures and Reports
- APN: 2324-06501-0000-00007-0000-
- Block: 6501
- Lot Number: 7
Listed by Weichert Realtors
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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
Date
Details
Price
Change
Source
12/18/2025
Listed
$1,200
—
MLS
Disclaimer: Historical sales 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 1 Madison Ave
1 Madison Ave, Morristown, NJ 07960 (MLS# 4002066) is a Commercial Lease property. 1 Madison Ave is currently listed for $1,200 and was received on December 18, 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.

