When was property at 47 Independence Way built and last sold?

The property at 47 Independence Way was built in 1981 and last sold on Dec 12, 2003 for $430,500.

How much is this home worth?

The estimated value of the home located at 47 Independence Way is $782,649.

What are some comparable homes to 47 Independence Way?

There are currently no comparable homes to 47 Independence Way.

Morris

07960

47 Independence Way

Sold on Oct 13, 2026

Map

$800,000

● House - Off Market

47 Independence Way

Morris Twp., NJ 07960

3 Beds

0 Bath

$3,805

Est. Monthly

3.52%

Cap Rate

Unit Size

Days on Market

Land Size

0.07 acres

Price per sqft

Property Type

House

Property Taxes

HOA Dues

Year Built

1981

Payment Calculator

Cap Rate Calculator

Last updated: 24 days ago (GSMLS #4040632)

Price History

Date / Event	Date	Event
Oct 13, 2026	Sold	Premium
Sold
Aug 18, 2026	In contract	-
In contract

Property Highlights

Building Info

Overview

General

Year Built: 1981

Effective Year Built: 1981
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 6
Building Quality: 0
Construction Type: 0
Building Style: 35
Exterior Walls Type: 28
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 20
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 3
Basement Area: 816
Garage Type: 1
Garage Square Area: 240
Parking Space Count: 0
Patio Type: 0
Porch Type: 7
Pool Type: 0

Dimensions

Lot Size Square Feet: 3,223

Total Building Area: 1,712
Building Area: 1,712
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 24
Heated Square Feet: 1,712
Heating Fuel Type: 0

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Land Acres: 0000000074
Standard Land Use Code: 1002
County Land Use Code: 2

Neighborhood

School District Name: Morris Township School District

Census Tract: 043302

Zoning

Zoning: TH-8

Geography

District: 22

Parcel: 22 08701-0000-00031
Block: 8701
Lot: 31
Municipality: MORRIS TWP
Latitude: 40.7811
Longitude: -74.4438

Address

Full Address: 47 Independence Way

Address - House Number: 47
Address - Street Name: Independence
Address - Suffix Type: Way
State: NJ
City Name: Morristown
Carrier Code: C027
4-Digit Zip Code: 5758
Zip Code: 07960

Valuation

Tax

Tax Year: 2023

Tax Amount: $929,919

Appraisal Valuation

Standard Deviation: 0.1562

Valuation Date: Feb 14, 2024
Confidence Score: 80
Final Value: 667,969
High Value: 772,312
Low Value: 563,626

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium
Second Open Lien Mortgage Lender:

Premium
Second Open Lien Mortgage Recording Date:

Premium
Second Open Lien Mortgage Loan Amount:

Premium
Second Open Lien Mortgage Term:

Premium
Second Open Lien Mortgage Position:

Premium
Second Open Lien Mortgage Loan Type:

Premium
Second Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $517,115

Market Land Value: $271,714
Market Improvement Value: $245,401

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $463,800
Assessed Land Value: $243,700
Assessed Improvements Value: $220,100

Sales

Current Sale Contract Date: Dec 12, 2003

Current Sale Recording Date: Jan 07, 2004
Current Sale Price:

Premium
Current Sale Document Type: 27
Previous Sale Recording Date: Jul 21, 1999
Previous Sale Contract Date: Jul 02, 1999
Previous Sale Amount: $280,000
Previous Sale Document Type: 12

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Financing Type:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Morris

Stats & Trends

Median Asking:

$729,450

Sale Price/ft²

$347

Below Asking

0.01%

Average Days on Market

Average Home Size

831 ft²

Average Home Age

39.4 years

Currently For Sale

907 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$3,000 /mo

1 Bed
1 Bath

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Unit for rent at 48 Central Ave, Madison Boro, 07940-1811

$4,700 /mo

3 Beds
1 Bath

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Unit for rent at 60 Dekalb Pl, 07960-5519

$3,000 /mo

1 Bed
1 Bath

60 Dekalb Pl #50, 07960-5519 Listing by CHRISTOPHER L. BRUSCINO

Rentals Near You

Click here to view more rentals in the neighborhood.

Last Updated: 24 days ago
Data Source: GSMLS, MLS#

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.