NOT LISTED FOR SALE

25 Independence Way Morristown, NJ 07960

Estimated Value: $659,000 - $782,158

3 Beds
2.5 Baths
1,778 Sq Ft
$413/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $650,000 $366 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,204/month

8 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Great Room
  • Hillcrest School Rated A-
  • Wood Flooring
  • Formal Dining Room

About This Home

As of August 2022

Light, bright and spacious townhouse with 3 bedrooms, 2.5 baths and a full finished basement. The first floor offers an open layout, modern kitchen with a center island, large dining area and vaulted ceilings in the living room with a wood burning fireplace. The private composite deck is the perfect place to enjoy your morning coffee or an evening cocktail. Enjoy privacy, peace and quiet with no neighbors behind you. Upstairs is the large primary bedroom with en-suite bath and walk-in closet, two additional bedrooms and a full bath. The finished basement is perfect as additional living space, a home gym, playroom and has additional storage. Beautiful hardwood floors throughout, lots of storage and closet space and an attached one car garage are some of the additional features. The community offers tennis courts, is located near the recreational trail for walking, running and biking and is within walking distance of the Convent Station train station with direct access to NYC and Hoboken. Minutes to Downtown Madison, Morristown Green, many restaurants, cafes and shops and Routes 287, 80, 24, 78 and the Garden State Parkway. Truly nothing to do but move in. Come enjoy the good life here in Liberty Green!

Last Agent to Sell the Property

WILLIAM J. KELLY

HOWARD HANNA RAND REALTY Listed on: 06/21/2022

Last Buyer's Agent

Julie Wintz-Ballestero

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,466

Year Built

  • Built in 1981

Lot Details

  • 3,049

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Additional Parking

Home Design

  • Aluminum Siding

Interior Spaces

  • Cathedral Ceiling
  • Blinds
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Front Basement Entry

Home Security

Schools

  • Woodland Elementary School
  • Frelghuysn Middle School
  • Morristown High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Standard Electricity
  • Water Softener is Owned

Additional Features

  • Deck
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2322-08701-0000-00020-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, snow removal

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Recreation

  • Tennis Courts

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,466

Year Built

Built in 1981

Lot Details

0

HOA Fees

$400 per month

Parking

1

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1981
  • Year Built Description: Approximate
  • County Name: Morris
  • Exclusions: All personal furnishings.
  • Street Number Display: 25
  • Directions: Madison Ave or Park Ave to Punch Bowl Rd, turn into Liberty Greens on Independence Way, #25 on the left
  • I D: 5159751
  • Modified: 2023-08-16
  • Number Images: 36
  • First Name: WILLIAM J.
  • First Name3: JULIE
  • Last Name: KELLY
  • Last Name3: WINTZ-BALLESTERO
  • Office Phone: 201-653-3933
  • Office Phone3: 973-267-8990
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Wood
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer, Water Softener-Own
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Cathedral Ceiling, Security System, Smoke Detector, Walk-In Closet
  • Number Rooms: 6
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Great Room, Living Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: Basement
  • Family Room Level: Basement
  • Kitchen Area: Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 16x10
  • Kitchen Level: First
  • Living Room Dim: 18x13
  • Living Room Level: First
  • Other Room 1: Foyer
  • Other Room1 Level: First
  • Other Room 2: Laundry Room
  • Other Room2 Level: First
  • Other Room 3: PowderRm
  • Other Room3 Level: First
  • Level 1 Rooms: Dining Room, Entrance Vestibule, Foyer, GarEnter, Laundry Room, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Phone: 201-653-3933

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Deck, Sidewalk, Tennis Courts
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Association Maintenance Fee: 400
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Snow Removal

Schools

  • Elementary School: Woodland
  • Middle School: Frelghuysn
  • High School: Morristown
  • High School: Morristown
  • Middle Jr High School: Frelghuysn

Lot Info

  • Lot Size: .066 AC
  • Assessed Improvement Value: 211400
  • Assessed Land Value: 243300
  • Assessment: 454700
  • Lot Description: Level Lot
  • Lot Identifier: 20
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.07

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8466
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2322-08701-0000-00020-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.912
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: Woodland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Aug 4, 2022
Sold by
Gary Catrambone
Bought by
Cohen Leslie
Seller's Agent
WILLIAM J. KELLY
HOWARD HANNA RAND REALTY
Buyer's Agent
Julie Wintz-Ballestero
COLDWELL BANKER REALTY
List Price
$599,000
Sold Price
$650,000
Premium/Discount to List
$51,000
8.51%
Current Estimated Value
$734,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,540
Avg. Annual Appreciation
4.10%
Original Mortgage
$300,000
Outstanding Balance
$287,202
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$447,338

Purchase Details

Closed on
Feb 23, 2007
Sold by
Brown John E and Travis Joanne B
Bought by
Catrambone Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cohen Leslie -- Fidelity National Title
Catrambone Gary $515,500 Stewart Title Of Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Leslie $300,000
Previous Owner Catrambone Gary $260,000
Previous Owner Catrambone Gary $274,000
Previous Owner Catrambone Gary $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold $650,000 +8.5% $366 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $599,000 -- $337 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,622 $480,600 $243,300 $237,300
2024 $9,636 $480,600 $243,300 $237,300
2023 $9,636 $480,600 $243,300 $237,300
2022 $8,694 $454,700 $243,300 $211,400
2021 $8,694 $454,700 $243,300 $211,400
2020 $8,467 $454,700 $243,300 $211,400
2019 $8,335 $454,700 $243,300 $211,400
2018 $8,244 $454,700 $243,300 $211,400
2017 $8,189 $454,700 $243,300 $211,400
2016 $8,062 $454,700 $243,300 $211,400
2015 $7,841 $309,200 $120,000 $189,200
2014 $7,739 $309,200 $120,000 $189,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3790693

Garden State MLS

APN: 22-08701-0000-00020