NOT LISTED FOR SALE

31 Independence Way Morristown, NJ 07960

Estimated Value: $725,910 - $876,000

3 Beds
2.5 Baths
1,778 Sq Ft
$445/Sq Ft Est. Value

Last Sold June 27, 2016

Last sale price $458,000 $258 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,297/month

12 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Wood Flooring
  • Hillcrest School Rated A-
  • Cathedral Ceiling
  • Attic

About This Home

As of June 2016

Granite counter tops in Kitchen with Hard wood LR and DR. Fireplace and finished basement with private deck in back makes this 3Br with 2.1 Baths very accommodating.

Last Agent to Sell the Property

EUGENE KEVIN LONG

WEICHERT REALTORS Listed on: 04/28/2016

Last Buyer's Agent

NANCY C. LEIB

KL SOTHEBY'S INT'L. REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,110

Year Built

  • Built in 1981

Lot Details

  • 3,049

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Composition Shingle Roof
  • Aluminum Siding
  • Tile

Interior Spaces

  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Workshop
  • Utility Room
  • Home Gym
  • Finished Basement
  • Front Basement Entry
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer

Home Security

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Private Driveway
  • Parking Garage Space

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Gas Water Heater

Additional Features

  • Deck
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2322-08701-0000-00023-0000-
  • Tax Block *

Community Details

Recreation

  • Tennis Courts
  • Jogging Path

Pet Policy

  • Pets Allowed

Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,110

Year Built

Built in 1981

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Style: Multi Floor Unit, Townhouse-Interior
  • Primary Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1981
  • Year Built Description: Approximate
  • County Name: Morris
  • Exclusions: See LA for details
  • Possible Other Uses: Home-Office
  • Street Number Display: 31
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Dishwasher, Self Cleaning Oven, Dryer
  • Interior Amenities: Fire Extinguisher, Carbon Monoxide Detector, Cathedral Ceiling, Smoke Detector
  • Number Rooms: 8
  • 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
  • Basement Level Rooms: Exercise Room, Laundry Room, Rec Room, Utility Room, Workshop
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 16x11
  • Kitchen Level: First
  • Living Room Dim: 19x13
  • Living Room Level: First
  • Other Room 1: Storage Room
  • Other Room1 Dim: 18x15
  • Other Room1 Level: Basement
  • Level 1 Rooms: Breakfast Room, Kitchen, Powder Room, Dining Room, Living Room, Entrance Vestibule
  • Level 2 Rooms: Bath(s) Other, 3 Bedrooms, Bath Main
  • Level 3 Rooms: Attic

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Deck, Tennis Courts, Storm Door(s), Storm Window(s)
  • Roof Description: Asphalt Shingle, Composition Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage, Garage Parking
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Driveway-Exclusive

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Jogging/Biking Path, Tennis Courts
  • Association Maintenance Fee: 330
  • Association Maintenance Fee Frequency: Monthly

Fee Information

  • Other Fee Freqency: One Time

Schools

  • Elementary School: ThomasJeff
  • Middle School: Frelghuysn
  • High School: Morristown

Lot Info

  • Lot Size: .071 AC
  • Assessed Improvement Value: 199800
  • Assessed Land Value: 120000
  • Assessment: 319800
  • Easement: Unknown
  • Lot Description: Backs to Park Land
  • Lot Identifier: 23
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.07

Rental Info

  • Application Fee: 990
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8110
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2322-08701-0000-00023-0000-
  • Tax Rate Amount: 2.536
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2016
Closed on
Jun 30, 2016
Sold by
Cassese John P
Bought by
Leib Barclay and Leib Nancy
Seller's Agent
EUGENE KEVIN LONG
WEICHERT REALTORS
Buyer's Agent
NANCY C. LEIB
KL SOTHEBY'S INT'L. REALTY
List Price
$475,000
Sold Price
$458,000
Premium/Discount to List
-$17,000
-3.58%
Current Estimated Value
$791,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,728
Avg. Annual Appreciation
6.05%
Interest Rate
3.48%

Purchase Details

Closed on
Jun 12, 2002
Sold by
Frank Stephen
Bought by
Landreman Richard and Landreman Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.8%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Leib Barclay $458,275 --
Landreman Richard $362,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Leib Barclay --
Previous Owner Landreman Richard $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2016 06/27/16 Sold $458,000 -3.6% $258 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $475,000 -- $267 / 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 $9,385 $468,800 $243,600 $225,200
2024 $9,399 $468,800 $243,600 $225,200
2023 $9,399 $468,800 $243,600 $225,200
2022 $8,963 $468,800 $243,600 $225,200
2021 $8,963 $468,800 $243,600 $225,200
2020 $8,729 $468,800 $243,600 $225,200
2019 $8,593 $468,800 $243,600 $225,200
2018 $8,499 $468,800 $243,600 $225,200
2017 $8,443 $468,800 $243,600 $225,200
2016 $7,948 $448,300 $243,600 $204,700
2015 $8,110 $319,800 $120,000 $199,800
2014 $8,005 $319,800 $120,000 $199,800
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    EUGENE KEVIN LONG

    WEICHERT REALTORS

  • N

    Buyer's Agent in 2016

    NANCY C. LEIB

    KL SOTHEBY'S INT'L. REALTY

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Map

Source: Garden State MLS

MLS Number: 3303269

Garden State MLS

APN: 22-08701-0000-00023

New Jersey Morris County Morristown 07960

31 Independence Way, Morristown, NJ

This home is located at 31 Independence Way, Morristown, NJ 07960 since 28 April 2016 and is currently estimated at $791,728, approximately $445 per square foot. This property was built in 1981. 31 Independence Way is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

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