$725,000
SOLD JUN 13, 2025

62 Independence Way Morristown, NJ 07960

3 Beds
3 Baths
1,778 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$408 Per Sq Ft

3% Below List Price

14 Days on Market

About This Home

As of June 2025

This home is located at 62 Independence Way, Morristown, NJ 07960 and is currently priced at $725,000, approximately $407 per square foot. 62 Independence Way is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

Last Agent to Sell the Property

CATHERINE LUTZ

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 04/15/2025

Last Buyer's Agent

JOAN GOSS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,157

Lot Details

  • 2,614 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,157

Lot Details

0

Listing Details

  • County Name: Morris
  • Street Number Display: 62
  • I D: 5351319
  • Modified: 2025-06-13
  • Number Images: 1
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .060 AC
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2025
Closed on
Jun 9, 2025
Sold by
Redhu Shiv Kumar and Redhu Suman
Bought by
Chester Cheryl A
Seller's Agent
CATHERINE LUTZ
PROMINENT PROPERTIES SIR
Buyer's Agent
JOAN GOSS
WEICHERT REALTORS
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%
Views
81
Current Estimated Value
$730,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,792
Avg. Annual Appreciation
2.60%
Original Mortgage
$375,000
Outstanding Balance
$374,047
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$356,745

Purchase Details

Listed on
Nov 26, 2014
Closed on
Nov 26, 2014
Sold by
Brice Ann R
Bought by
Redhu Shiv Kumar and Redhu Suman
Seller's Agent
ELVIRA GREEN
COCCIA REAL ESTATE GROUP, LLC.
Buyer's Agent
ROBERT J. PIKE
RE/MAX ACHIEVERS
Sold Price
$468,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%
Original Mortgage
$417,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 13, 2008
Sold by
Brice Edward C and Brice Ann R
Bought by
Brice Edward C and Brice Ann R

Purchase Details

Closed on
Mar 4, 2005
Sold by
Kesselman Lillian
Bought by
Brice Edward and Brice Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 1995
Sold by
Santangeli Maria
Bought by
Kesselman Lillian W

Purchase Details

Closed on
Oct 28, 1993
Sold by
Wong Paul
Bought by
Santangeli Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.77%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $725,000 Weichert Title
Deed $725,000 Weichert Title
Deed $468,000 Old Republic Natl Title Ins
Interfamily Deed Transfer -- None Available
Deed $475,000 --
Deed $233,000 --
Deed $220,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 New Conventional
Closed $375,000 New Conventional
Previous Owner $417,000 Adjustable Rate Mortgage/ARM
Previous Owner $250,000 New Conventional
Previous Owner $165,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Sold $725,000 0.0% $408 / Sq Ft
05/02/2025 05/02/25 Pending -- -- --
04/22/2025 04/22/25 Price Changed $725,000 -3.3% $408 / Sq Ft
04/18/2025 04/18/25 For Sale $750,000 +60.3% $422 / Sq Ft
11/26/2014 11/26/14 Sold $468,000 -- $263 / 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 $9,157 $457,400 $243,000 $214,400
2024 $9,171 $457,400 $243,000 $214,400
2023 $9,171 $457,400 $243,000 $214,400
2022 $8,745 $457,400 $243,000 $214,400
2021 $8,745 $457,400 $243,000 $214,400
2020 $8,517 $457,400 $243,000 $214,400
2019 $8,384 $457,400 $243,000 $214,400
2018 $8,293 $457,400 $243,000 $214,400
2017 $8,238 $457,400 $243,000 $214,400
2016 $8,110 $457,400 $243,000 $214,400
2015 $7,807 $317,700 $120,000 $197,700
2014 $7,702 $317,700 $120,000 $197,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    CATHERINE LUTZ

    PROMINENT PROPERTIES SIR

  • J

    Buyer's Agent in 2025

    JOAN GOSS

    WEICHERT REALTORS

  • E

    Seller's Agent in 2014

    ELVIRA GREEN

    COCCIA REAL ESTATE GROUP, LLC.

  • ROBERT J. PIKE

    Buyer's Agent in 2014

    ROBERT J. PIKE

    RE/MAX

    (973) 476-4245

    5 in this area

    55 Total Sales

    ROBERT J. PIKE
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Map

Source: Garden State MLS

MLS Number: 3957024

Garden State MLS

APN: 22-08705-0000-00016

New Jersey Morris County Morristown 07960

62 Independence Way, Morristown, NJ

This home is located at 62 Independence Way, Morristown, NJ 07960 and is currently priced at $725,000, approximately $407 per square foot. 62 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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