NOT LISTED FOR SALE

85 Independence Way Morristown, NJ 07960

Estimated Value: $710,000 - $776,000

2 Beds
2.5 Baths
1,640 Sq Ft
$446/Sq Ft Est. Value

Last Sold January 15, 2020

Last sale price $450,000 $274 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,987/month

116 Days on Market

Highlights

  • Deck
  • Tennis Courts
  • 1 Car Attached Garage
  • Hillcrest School Rated A-
  • Jogging Path
  • Eat-In Kitchen

About This Home

As of January 2020

BEST VALUE IN SOUGHT AFTER COMMUNITY LOVINGLY MAINTAINED BY OWNERS, WALK TO NJ DIRECT TRAIN TO MANHATTAN, LIVING ROOM WITH FIREPLACE, DINING ROOM, EAT IN KITCHEN, OVERSIZED MASTER WITH FULL BATH, FINISHED LOWER LEVEL WITH RECREATION ROOM. BRAND NEW DECK, PLENTY OF STORAGE, WONDERFUL AREA TO WALK, TENNIS COURTS ON SITE.

Last Agent to Sell the Property

DIANE MINNITI

WEICHERT REALTORS Listed on: 07/22/2019

Last Buyer's Agent

KATHLEEN BARRETT

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,719

Year Built

  • Built in 1981

Lot Details

  • 2,614 Sq Ft Lot
  • Level Lot

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Wood Shingle Roof

Interior Spaces

  • 1,640 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Family or Dining Combination
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2322-08701-0000-00046-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-exterior, snow removal, maintenance-common area

Recreation

  • Tennis Courts
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,719

Year Built

Built in 1981

Lot Details

0

HOA Fees

$375 per month

Parking

1

Listing Details

  • Style: Townhouse-Interior
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1981
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 85
  • Directions: PARK OR MADISON TO PUNCHBOWL TO LIBERTY GREENS
  • I D: 4917420
  • Modified: 2021-09-23
  • Number Images: 23
  • Section Subdiv Development: LIBERTY GREENS
  • First Name: DIANE
  • First Name3: KATHLEEN
  • Last Name: MINNITI
  • Last Name3: BARRETT
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Vinyl-Linoleum
  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: Basement
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Estimated Sq Ft: 1640
  • Phone: 973-731-6064

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Storm Door(s), Storm Window(s), Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

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

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: 375
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Maintenance-Common Area

Schools

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

Lot Info

  • Lot Size: .063 AC
  • Assessed Improvement Value: 196400
  • Assessed Land Value: 243200
  • Assessment: 439600
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 46
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.06

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: 7719
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2322-08701-0000-00046-0000-
  • Tax Rate Amount: 1.813
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Woodland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Jan 14, 2020
Sold by
Kearney Florence B
Bought by
Heifrich George P and Heifrich Joan E
Seller's Agent
DIANE MINNITI
WEICHERT REALTORS
Buyer's Agent
KATHLEEN BARRETT
PROMINENT PROPERTIES SIR
List Price
$529,000
Sold Price
$450,000
Premium/Discount to List
-$79,000
-14.93%
Current Estimated Value
$730,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,968
Avg. Annual Appreciation
8.79%

Purchase Details

Closed on
May 15, 1997
Sold by
Guenther Robert H and Guenther Esther
Bought by
Kearney William J and Kearney Florence B
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
Heifrich George P $450,000 None Available
Kearney William J $219,000 Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2020 01/15/20 Sold $450,000 -2.2% $274 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
10/24/2019 10/24/19 Price Changed $460,000 -5.2% $280 / Sq Ft
09/17/2019 09/17/19 Price Changed $485,000 -8.3% $296 / Sq Ft
07/22/2019 07/22/19 For Sale $529,000 -- $323 / 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 $8,801 $439,600 $243,200 $196,400
2024 $8,814 $439,600 $243,200 $196,400
2023 $8,814 $439,600 $243,200 $196,400
2022 $8,405 $439,600 $243,200 $196,400
2021 $8,405 $439,600 $243,200 $196,400
2020 $8,185 $439,600 $243,200 $196,400
2019 $8,058 $439,600 $243,200 $196,400
2018 $7,970 $439,600 $243,200 $196,400
2017 $7,917 $439,600 $243,200 $196,400
2016 $7,794 $439,600 $243,200 $196,400
2015 $7,191 $293,400 $120,000 $173,400
2014 $7,094 $293,400 $120,000 $173,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3575337

Garden State MLS

APN: 22-08701-0000-00046