When was 31 Independence Way, Morris Twp, NJ last sold?

The most recent recorded sale was in 2016 for $458,275.

What is the assessed value of 31 Independence Way, Morris Twp, NJ?

The total municipal assessment is $468,800 (land plus improvements).

What is 31 Independence Way, Morris Twp, NJ worth?

Our model estimates a market value of $704,342, derived from comparable recorded sales nearby.

How many units does 31 Independence Way, Morris Twp, NJ have?

Records show 1 dwelling unit at 31 Independence Way, Morris Twp, NJ.

What kind of property is 31 Independence Way, Morris Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1981.

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31 Independence Way, Morris Twp, NJ — owner, sales, deeds · parceldata

31 Independence Way

Morris Twp, NJ 07960·Morris County

1422·block 8701·lot 23

$704,342estimated value

Last sale

$458,275

6/30/2016 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1981

Building size

1,778 sq ft

Lot size

0.07 ac

Land description

.071 AC

Building description

TWNHS-C

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$468,800

Land value

$243,600

Improvement value

$225,200

Last year's tax

$9,385

Last MOD-IV sale

$458,275

MOD-IV deed date

6/27/2016

Owner mailing address

31 INDEPENDENCE WAY
MORRISTOWN, NJ 07960

Estimated market value

$704,342

range $646,503 – $874,681

high confidence

Assessment-implied: $642,368; Director's Ratio 0.7298 (2025)
Comp-implied: $725,000; 30 comparable sales

Estimated value, last 11 years

2016: $489,977 → 2026: $704,342

dots are actual sale prices for this property

Based on 30 comparable sales

Bordering

200-ft notice list →

Punchbowl Rd/common Area
Lot 1
29 Independence Way
Lot 22·$448,100
33 Independence Way
Lot 24·$502,000
Common Area
Lot 64

Block 8701All of Block 8701 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "31 INDEPENDENCE WAY MORRISTOWN NJ 07960"
    ],
    "zipKeys": [
      "31 INDEPENDENCE WAY 07960"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1422_8701_23",
  "county_code": "14",
  "district_code": "22",
  "block": "8701",
  "lot": "23",
  "qualifier": "",
  "property_location": "31 INDEPENDENCE WAY",
  "property_class": "2",
  "bldg_class": "37",
  "bldg_desc": "TWNHS-C",
  "land_desc": ".071 AC",
  "year_built": 1981,
  "living_sqft": 1778,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "24360000",
  "improvement_value_cents": "22520000",
  "net_value_cents": "46880000",
  "last_yr_tx_cents": "938538",
  "deed_date": "2016-06-27",
  "deed_book": "22935",
  "deed_page": "1264",
  "sale_price_cents": "45827500",
  "sales_code": null,
  "owner_mailing_street": "31 INDEPENDENCE WAY",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRIS TWP",
  "calc_acre": "0.071000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.44428496765862,
  "centroid_lat": 40.78154781570244
}

SR1A

[
  {
    "id": "20b2d0e6-91e3-4a41-ab5e-8805d648c3b8",
    "property_id": "25b0d077-bf09-40ca-a37d-e00e82de4f11",
    "county_code": "14",
    "district_code": "22",
    "block": "8701",
    "lot": "23",
    "qualifier": "",
    "deed_book": "22935",
    "deed_page": "1264",
    "deed_date": "2016-06-27",
    "date_recorded": "2016-06-30",
    "sale_price_cents": "45827500",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "6a129eae-8316-4abf-a49f-9a0afcee15fc",
    "property_id": "25b0d077-bf09-40ca-a37d-e00e82de4f11",
    "county_code": "14",
    "district_code": "22",
    "block": "8701",
    "lot": "23",
    "qualifier": "",
    "deed_book": "22935",
    "deed_page": "1264",
    "deed_date": "2016-06-27",
    "date_recorded": "2016-06-27",
    "sale_price_cents": "45827500",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "3fb91796-6448-486e-a7ff-a52ad907299b",
    "property_id": "25b0d077-bf09-40ca-a37d-e00e82de4f11",
    "county_code": "14",
    "district_code": "22",
    "block": "8701",
    "lot": "23",
    "qualifier": "",
    "deed_book": "6010",
    "deed_page": "238",
    "deed_date": "2003-07-14",
    "date_recorded": "2004-01-27",
    "sale_price_cents": "39500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "388d25ad-5dac-4901-949f-5610a3d3923e",
    "property_id": "25b0d077-bf09-40ca-a37d-e00e82de4f11",
    "county_code": "14",
    "district_code": "22",
    "block": "8701",
    "lot": "23",
    "qualifier": "",
    "deed_book": "6010",
    "deed_page": "238",
    "deed_date": "2003-07-14",
    "date_recorded": "2003-07-14",
    "sale_price_cents": "39500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "891d479b-7107-4a53-9d45-590682a902bd",
    "property_id": "25b0d077-bf09-40ca-a37d-e00e82de4f11",
    "county_code": "14",
    "district_code": "22",
    "block": "8701",
    "lot": "23",
    "qualifier": "",
    "deed_book": "5640",
    "deed_page": "26",
    "deed_date": "2002-06-12",
    "date_recorded": "2002-06-18",
    "sale_price_cents": "36250000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "4ff1d94d-16fe-4597-b185-39d3d5e9b7f8",
    "property_id": "25b0d077-bf09-40ca-a37d-e00e82de4f11",
    "county_code": "14",
    "district_code": "22",
    "block": "8701",
    "lot": "23",
    "qualifier": "",
    "deed_book": "5640",
    "deed_page": "26",
    "deed_date": "2002-06-12",
    "date_recorded": "2002-06-12",
    "sale_price_cents": "36250000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 31 Independence Way, Morris Twp, NJ last sold?: The most recent recorded sale was in 2016 for $458,275.
What is the assessed value of 31 Independence Way, Morris Twp, NJ?: The total municipal assessment is $468,800 (land plus improvements).
What is 31 Independence Way, Morris Twp, NJ worth?: Our model estimates a market value of $704,342, derived from comparable recorded sales nearby.
How many units does 31 Independence Way, Morris Twp, NJ have?: Records show 1 dwelling unit at 31 Independence Way, Morris Twp, NJ.
What kind of property is 31 Independence Way, Morris Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1981.

Address	Sold	Price
34 Byron Ave	4/17/2026	$800,000
40 Raven Dr	1/23/2026	$475,000
43 Raven Dr	1/15/2026	$750,000
81 Independence Way	10/31/2025	$920,000
6 Keats Way	9/22/2025	$700,000
5 Zamrok Way	8/12/2025	$685,000
46 Raven Dr	7/25/2025	$835,000
16 Byron Ave	7/16/2025	$850,000
17 Pilgrim CT	7/8/2025	$750,000
62 Independence Way	7/7/2025	$725,000
19 Raven Dr	6/26/2025	$769,000
53 Raven Dr	6/10/2025	$870,000
26 Byron Ave	5/7/2025	$815,000
24 Byron Ave	3/13/2025	$600,000
4 Independence Way	2/10/2025	$650,000
26 Sherwood Dr	2/7/2025	$877,000
5 Shelley Pl	1/14/2025	$650,000
28 Independence Way	12/18/2024	$680,000
28 Byron Ave	9/6/2024	$755,000
15 Shelley Pl	8/20/2024	$585,000
7 Thomas Paine Rd	8/7/2024	$739,500
47 Constitution Way	7/30/2024	$680,000
19 Independence Way	6/12/2024	$718,500
45 Constitution Way	5/31/2024	$699,000
69 Redner Rd	5/8/2024	$705,000
69 Constitution Way	3/4/2024	$647,000
10 Zamrok Way	1/26/2024	$650,000
52 Keats Way	12/7/2023	$625,000
26 Keats Way	12/6/2023	$650,000
68 Keats Way	11/29/2023	$612,000

Sales history

6/30/2016$458,275
taxrecords_njBk 22935 / Pg 1264
6/27/2016$458,275
MOD-IV (Rutgers)Bk 22935 / Pg 1264
1/27/2004$395,000
taxrecords_njBk 6010 / Pg 238
7/14/2003$395,000
MOD-IV (Rutgers)Bk 6010 / Pg 238
6/18/2002$362,500
taxrecords_njBk 5640 / Pg 26
6/12/2002$362,500
MOD-IV (Rutgers)Bk 5640 / Pg 26

Date	Price	Book / Page	Source
6/30/2016	$458,275	22935 / 1264	taxrecords_nj
6/27/2016	$458,275	22935 / 1264	MOD-IV (Rutgers)
1/27/2004	$395,000	6010 / 238	taxrecords_nj
7/14/2003	$395,000	6010 / 238	MOD-IV (Rutgers)
6/18/2002	$362,500	5640 / 26	taxrecords_nj
6/12/2002	$362,500	5640 / 26	MOD-IV (Rutgers)