When was 50 Independence Way, Morris Twp, NJ last sold?

The most recent recorded sale was in 2007 for $532,500.

What is the assessed value of 50 Independence Way, Morris Twp, NJ?

The total municipal assessment is $432,600 (land plus improvements).

What is 50 Independence Way, Morris Twp, NJ worth?

Our model estimates a market value of $671,757, derived from comparable recorded sales nearby.

How many units does 50 Independence Way, Morris Twp, NJ have?

Records show 1 dwelling unit at 50 Independence Way, Morris Twp, NJ.

What kind of property is 50 Independence Way, Morris Twp, NJ?

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

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

50 Independence Way

Morris Twp, NJ 07960·Morris County

1422·block 8705·lot 21

$671,757estimated value

Last sale

$532,500

3/21/2007 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1981

Building size

1,712 sq ft

Lot size

0.05 ac

Land description

.051 AC

Building description

TWNHS-B

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$432,600

Land value

$242,600

Improvement value

$190,000

Last year's tax

$8,661

Last MOD-IV sale

$532,500

MOD-IV deed date

3/12/2007

Owner mailing address

50 INDEPENDENCE WAY
MORRISTOWN, NJ 07960

Estimated market value

$671,757

range $617,031 – $834,807

high confidence

Assessment-implied: $592,765; Director's Ratio 0.7298 (2025)
Comp-implied: $698,088; 30 comparable sales

Estimated value, last 11 years

2016: $467,309 → 2026: $671,757

Based on 30 comparable sales

Address	Sold	Price
40 Raven Dr	1/23/2026	$475,000
43 Raven Dr	1/15/2026	$750,000

Bordering

200-ft notice list →

52 Independence Way
Lot 20·$448,500
48 Independence Way
Lot 22·$456,200
7 Thomas Paine Rd
Lot 24·$505,700
Common Area
Lot 64

Block 8705All of Block 8705 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1422_8705_21",
  "county_code": "14",
  "district_code": "22",
  "block": "8705",
  "lot": "21",
  "qualifier": "",
  "property_location": "50 INDEPENDENCE WAY",
  "property_class": "2",
  "bldg_class": "37",
  "bldg_desc": "TWNHS-B",
  "land_desc": ".051 AC",
  "year_built": 1981,
  "living_sqft": 1712,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "24260000",
  "improvement_value_cents": "19000000",
  "net_value_cents": "43260000",
  "last_yr_tx_cents": "866065",
  "deed_date": "2007-03-12",
  "deed_book": "20773",
  "deed_page": "1337",
  "sale_price_cents": "53250000",
  "sales_code": null,
  "owner_mailing_street": "50 INDEPENDENCE WAY",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRIS TWP",
  "calc_acre": "0.051000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.44411189427326,
  "centroid_lat": 40.78079346962202
}

SR1A

[
  {
    "id": "ecb9fd5c-d574-4ae1-a8e5-5fa5d159a630",
    "property_id": "2d81785d-651e-4691-89ec-50517a30132e",
    "county_code": "14",
    "district_code": "22",
    "block": "8705",
    "lot": "21",
    "qualifier": "",
    "deed_book": "20773",
    "deed_page": "1337",
    "deed_date": "2007-03-12",
    "date_recorded": "2007-03-21",
    "sale_price_cents": "53250000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "faa40e24-a2a4-40cf-af3a-1cb68b308107",
    "property_id": "2d81785d-651e-4691-89ec-50517a30132e",
    "county_code": "14",
    "district_code": "22",
    "block": "8705",
    "lot": "21",
    "qualifier": "",
    "deed_book": "20773",
    "deed_page": "1337",
    "deed_date": "2007-03-12",
    "date_recorded": "2007-03-12",
    "sale_price_cents": "53250000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 50 Independence Way, Morris Twp, NJ last sold?: The most recent recorded sale was in 2007 for $532,500.
What is the assessed value of 50 Independence Way, Morris Twp, NJ?: The total municipal assessment is $432,600 (land plus improvements).
What is 50 Independence Way, Morris Twp, NJ worth?: Our model estimates a market value of $671,757, derived from comparable recorded sales nearby.
How many units does 50 Independence Way, Morris Twp, NJ have?: Records show 1 dwelling unit at 50 Independence Way, Morris Twp, NJ.
What kind of property is 50 Independence Way, Morris Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1981.

Sales history

3/21/2007$532,500
taxrecords_njBk 20773 / Pg 1337
3/12/2007$532,500
MOD-IV (Rutgers)Bk 20773 / Pg 1337

Date	Price	Book / Page	Source
3/21/2007	$532,500	20773 / 1337	taxrecords_nj
3/12/2007	$532,500	20773 / 1337	MOD-IV (Rutgers)