NOT LISTED FOR SALE

68 Independence Way Morristown, NJ 07960

Estimated Value: $808,000 - $964,000

3 Beds
3 Baths
1,912 Sq Ft
$464/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $970,000 $507 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $5,640/month

5 Days on Market

About This Home

As of May 2024

This home is located at 68 Independence Way, Morristown, NJ 07960 since 11 March 2024 and is currently estimated at $887,946, approximately $464 per square foot. 68 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

Carolyn Bardach

COLDWELL BANKER REALTY Brokerage Phone: 973-538-5555 Listed on: 03/11/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

MARY C TOTO

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,730

Lot Details

  • 5,663 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,730

Lot Details

0

Listing Details

  • County Name: Morris
  • Street Number Display: 68
  • I D: 5274313
  • Modified: 2025-05-02
  • Number Images: 1
  • Attribution Contact: 973-538-5555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .133 AC
  • Total Acres: 0.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
Apr 22, 2024
Sold by
Dragin Michael and Dragin Doreen
Bought by
Gmm Property Holdings Llc
Seller's Agent
Carolyn Bardach
COLDWELL BANKER REALTY
Buyer's Agent
MARY C TOTO
WEICHERT REALTORS
List Price
$850,000
Sold Price
$970,000
Premium/Discount to List
$120,000
14.12%
Views
45
Current Estimated Value
$887,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$82,054
Avg. Annual Appreciation
-6.48%

Purchase Details

Listed on
Sep 9, 2020
Closed on
Feb 10, 2021
Sold by
Worthington Kenneth
Bought by
Dragin Michael and Dragin Doreen
Seller's Agent
Ryan Bruen
COLDWELL BANKER REALTY
Buyer's Agent
Claudia Marrone
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$579,900
Sold Price
$550,000
Premium/Discount to List
-$29,900
-5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.27%
Original Mortgage
$400,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2010
Sold by
Merz Norman C and Merz Patricia A
Bought by
Worthington Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2001
Sold by
Maloney Hilda
Bought by
Merz Norman and Merz Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.14%
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 Buyer Sale Price Title Company
Gmm Property Holdings Llc $970,000 Fidelity National Title Insura
Dragin Michael $550,000 Majestic Title Agency
Dragin Michael $550,000 Land Title
Worthington Kenneth $520,000 None Available
Merz Norman $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dragin Michael $400,000
Previous Owner Worthington Kenneth $368,000
Previous Owner Merz Norman $300,000
Previous Owner Maloney Hilda R $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $970,000 +14.1% $507 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $850,000 +54.5% $445 / Sq Ft
02/11/2021 02/11/21 Sold $550,000 -5.2% $288 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $579,900 -- $303 / 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
2024 $9,730 $485,300 $246,700 $238,600
2023 $9,730 $485,300 $246,700 $238,600
2022 $9,279 $485,300 $246,700 $238,600
2021 $9,279 $485,300 $246,700 $238,600
2020 $9,036 $485,300 $246,700 $238,600
2019 $8,896 $485,300 $246,700 $238,600
2018 $8,798 $485,300 $246,700 $238,600
2017 $8,740 $485,300 $246,700 $238,600
2016 $8,604 $485,300 $246,700 $238,600
2015 $8,587 $338,600 $130,000 $208,600
2014 $8,475 $338,600 $130,000 $208,600
Source: Public Records

Agents Affiliated with this Home

  • Carolyn Bardach

    Seller's Agent in 2024

    Carolyn Bardach

    COLDWELL BANKER REALTY

    (973) 229-2851

    11 in this area

    108 Total Sales

    Carolyn Bardach
    Section Image

  • M

    Buyer's Agent in 2024

    MARY C TOTO

    WEICHERT REALTORS

  • Ryan Bruen

    Seller's Agent in 2021

    Ryan Bruen

    COLDWELL BANKER REALTY

    (973) 294-8887

    96 in this area

    198 Total Sales

    Ryan Bruen
    Section Image
  • Claudia Marrone

    Buyer's Agent in 2021

    Claudia Marrone

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 393-8143

    1 in this area

    68 Total Sales

    Claudia Marrone
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3890085

Garden State MLS

APN: 22-08705-0000-00013

New Jersey Morris County Morristown 07960

68 Independence Way, Morristown, NJ

This home is located at 68 Independence Way, Morristown, NJ 07960 since 11 March 2024 and is currently estimated at $887,946, approximately $464 per square foot. 68 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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