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1 Independence Way

1 Independence Way, Rockaway, NJ 07866
Townhouse in Morris
Sold Jul 26, 2022
$485,000
$153,000 by Morgan Stanley Private Bank Na
Mortgage Due Sep 01, 2052
Sold Mar 22, 2018
$340,000
$218,000 by Residential Home Funding Corp
Mortgage Due Apr 01, 2048
1 Independence Way has been categorized by the local assessors in Rockaway, NJ as a residential type of property. The building on the property was first built in 1997 and is 27 years old. The building has a total of 2 stories. In addition, 1 Independence Way has 1,644 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,962 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The property was last sold in Jun 29, 2022 for $485,000. That's $295.01 per sqft. Prior to that sales transaction, the property was also sold in Mar 15, 2018 for $340,000. 1 Independence Way was last assessed in 2023. The total value of the property was assessed at $409,900. Specifically, the land the property is located on was valued at $157,500. While improvements on the property were assessed at a total of $252,400. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $10,756. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,962
  • Total Building Area: 1,644
  • Building Area: 1,644
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,644
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.068
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MAZZARISI BRYAN
  • Current Owner 2: MAZZARISI LISA
  • Previous Owner : STEIN BRIAN A
  • Previous Owner 2: STEIN LAIYAN
  • Owner Before Previous Owner: GALLO MARIA
  • Owner Before Previous Owner 2: GALLO MARIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Rockaway Township School District
  • Census Tract: 044504

Zoning

  • Zoning: RMF8

Geography

  • Assessors Map Reference: TAX MAP 110
  • Account Number: 00105127
  • District: 35
  • Parcel: 35 11014-0000-00001
  • Block: 11014
  • Lot: 1
  • Municipality: ROCKAWAY TWP
  • Latitude: 40.9028
  • Longitude: -74.5546

    Address

  • Full Address: 1 Independence Way
  • Address - House Number: 1
  • Address - Street Name: Independence
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Rockaway
  • Carrier Code: C015
  • 4-Digit Zip Code: 4815
  • Zip Code: 07866

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,756

    Appraisal Valuation

  • Standard Deviation: 0.1778
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 510,265
  • High Value: 601,019
  • Low Value: 419,512

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $153,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Oct 07, 2022
  • First Open Lien Mortgage Loan Amount: $153,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $436,574
  • Market Land Value: $167,749
  • Market Improvement Value: $268,825

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $409,900
  • Assessed Land Value: $157,500
  • Assessed Improvements Value: $252,400

    Sales

  • Current Sale Contract Date: Jun 29, 2022
  • Current Sale Recording Date: Jul 26, 2022
  • Current Sale Transaction ID: 11893635368
  • Current Sale Price: $485,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 51221
  • Previous Sale Recording Date: Mar 22, 2018
  • Previous Sale Contract Date: Mar 15, 2018
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: RESIDENTIAL HOME FUNDING CORP
  • Previous Mortgage Transaction Date: Mar 22, 2018
  • Previous Mortgage Loan Amount: $218,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2048

About Morris



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Frequently Asked Questions

What neighborhood is 1 Independence Way located in?
The 1 Independence Way is a townhouse located in the neighborhood of Morris in Morris, Rockaway.
What is the average sales price for listings in 1 Independence Way?
The average sales price for units in 1 Independence Way is $0 currently.

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