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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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50 Cook Ave , Madison Boro, NJ 07940
$2,750,000
Est. Payment: $15,007.88/mo
3 Bath
6954 Sqft
0.11 Acres
Status: active | Days on site: 7
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Susan Maryanski
Operator

House Description

Great investment opportunity to own a rare 6 unit apartment building in Downtown Madison. Walking distance to Madison Train Station and steps away from Main St, offering shops, restaurants and entertainment. The building has separate water heaters, furnaces and electric, gas and water meters. Landlord pays for common area utilities. Tenant parking across the street in permit town parking lot. Roof and siding replaced in 2016. Come see this unique opportunity with six units (13 bedrooms) all under one roof. Three 2 bedrooms. Two 3 bedrooms and One 1 bedroom

Highlights

Listed by CHARLES PATRICK JR. , MP CHARLES PATRICK REALTORS , 973-267-8808. Garden State MLS

Property Type

Commercial Sale

Lot/Acreage
0.11

Year Built

1976

County

Morris

Neighborhood

Downtown

Listing ID

4057999

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bathrooms:3
  • ▪ 1/2 Bathrooms:6
Air Cond:Wall A/C Unit(s)
Fireplaces:
Floor:Carpeting,Tile,Vinyl-Linoleum
Basement:Full,Unfinished
Water:Public Water

Exterior Features

Lot:Level Lot
Lot Dimensions:44X104
Zoning:muti family
Roof:Asphalt Shingle
Others:
  • ▪ Additional:Vinyl Siding
Sewer:Public Sewer
Principal Interest
$15,008
Taxes
$1,434

Home Price

$2,750,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$550,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$15,007.88

Principal

Taxes

Principal Taxes HOA Total
Monthly $15,007.88 $1,434.08 $0.00 $16,441.96
Yearly $180,094.54 $17,209.00 $0.00 $197,303.54
Total $5,402,836.14 $516,270.00 $0.00 $5,919,106.14

Today's Rates

30 Year

7.25%

20 Year

7.06%

15 Year

6.58%

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Market insight data is pulled from the same city as the listing being viewed (Madison Boro, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-22T18:59:28.000Z

© 2026 Garden State MLS