For Lease

242 Main St,Madison Boro, NJ 07940

August 18, 2025

Newly renovated commercial space on Main Street in Madison, in the heart of the business district. LOWER LEVEL LISTING. This well maintained building has two stories with three levels of office space; 6 different rooms, 3 bathrooms, kitchen and storage. The entire interior has been painted with newly refinished hard wood floor and updated baths. The completely renovated lower level has an additional separate zero-step entry off the parking lot, office/treatment space, private new bath, waiting area and plenty of storage. The lower level is filled with natural light and has a glass door leading outside and 3 large windows. Note the entire building can be leased, or upper level only or bottom level only. Great opportunity to move your business to Madison, named by NJ Monthly magazine as a #1 Town in NJ. Located 1 mile from the NJ Transit Madison train station and steps from the NJ Transit bus line.

Property ID:PT-863196-AXZR

Offer Type:For Lease

Property Type:Free Standing Office

Price: 1,200 $

Year Built:1940

Listing Details

Status: Active

Location

County: Morris

Lotsize: 55X116

Office SqFt: 1800

Property Type: Free Standing Office

Available: Immediately

Lot Identifier: 3

Home Details

Location: Business District

Acreage: 0.15

Renovated: 2025

Exterior Description: Aluminum

Roof Description: Asphalt Shingle

Number of Stories: 2

Number of Units: 2

Number of Lavatories: 3

Floors: Laminate, Wood

Available SqFt: 250

Building SqFt: 1800

Available Parking Spaces: 10

Color of Building: Beige

Parking Desc: Driveway-Exclusive, Off-Street Parking, Parking Lot-Exclusive

Easement/Desc: No

Basmnt/Desc: Yes - Finished, Full, Storage

Pre-Rental Rqmts: Application

Tenant Pays: Snow Removal

Owner Pays: Electric, Gas, Heat, Maintenance-Lawn, Sewer, Water

Tenant/Landlord Pays Commission: Landlord Pays Commission

YB/Desc: 1940 - Approximate

Block Identifier: 2206

County Number: 23

Town Number: 2318

Possession: Immediately

Taxes, Fees & Assessments

For Sale Or Lease: For Lease

Lease Type: Mixed

Lease Info: 3-5 Year Minimum

Lease Includes: Cooling, Electric, Gas, Heat, Sewer, Taxes, Water

Tax ID For Property: 2317-02206-0000-00003-0000-

Tax Amount: $10,157.00

Tax Year: 2024

Tax Rate: 2.130%

Tax Rate Year: 2024

Farm Assessment: No

Land Assessment: $294,000.00

Building Assessment: $182,900.00

Total Assessment: $476,900.00

Utilities

Equipment Available: Kitchen Area, Restrooms - Private, Smoke Detector, Storage Area(s)

Heat Source: Gas-Natural

Heat System: 1 Unit

Cool System: 2 Units

Water: Public Water

Sewer: Public Sewer

Utilities: Electric, Gas-Natural

Other

Permitted Use: Retail sales & service, office, medical, spa, etc

Zoning: CC

Prior Use: Medical Spa

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1,200 $

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Listing Details

242 Main St,Madison Boro, NJ 07940

Description

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