He was also an award-winning writer of songs for film, theatre and television.
His lawyer, Josh Grier, said that Adam passed away on Wednesday from complications brought on by coronavirus.
Adam's critically acclaimed band Fountains of Wayne, in which he played bass while Chris Collingwood played guitar and sang vocals, rose to fame with 2003 hit, Stacy's Mom.
The track about a teenage boy who was infatuated with his friend's mum, reached number 21 on Billboard’s Hot 100 chart and featured supermodel Rachel Hunter in the video.
Fountains of Wayne were named after garden ornament store in Wayne, New Jersey, which was near Adam's hometown of Montclair, when the band was started in 1995.
The band's style was compared to that of 70s groups The Cars and Big Star as well as a nod to 60s icons, The Kinks.
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