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198 Independence Way

Morganville, NJ 07751

5 bd 5 ba 3,567 sqft Built 2001 Lot 21,780 sqft single_family
Most recent sale
$705,000
Jul 28, 2004

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 20, 2024 Listed $1,225,000 MoreMLS
Jul 28, 2004 Sold $705,000 Public Record
Apr 30, 2002 Sold $596,856 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $483,100 $312,300 $795,400 $21,197
2024 $483,100 $312,300 $795,400 $20,067
2023 $483,100 $312,300 $795,400 $19,200
2022 $483,100 $312,300 $795,400 $18,858
2021 $483,100 $312,300 $795,400 $18,660
2020 $483,100 $312,300 $795,400 $18,389
2019 $483,100 $312,300 $795,400 $18,405
2018 $483,100 $312,300 $795,400 $18,087
2017 $483,100 $312,300 $795,400 $17,737
2016 $483,100 $312,300 $795,400 $17,665
2015 $510,000 $312,300 $822,300 $17,991
2014 $478,600 $262,300 $740,900 $16,388
2013 $478,600 $262,300 $740,900 $15,951
2012 $478,600 $262,300 $740,900 $15,306
2011 $478,600 $262,300 $740,900 $15,203
2010 $478,600 $262,300 $740,900 $15,018
2009 $269,200 $102,100 $371,300 $15,765
2008 $269,200 $102,100 $371,300 $15,531
2007 $269,200 $102,100 $371,300 $15,531

Property facts

Year built
2001
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
3,567 sqft
Lot size
21,780 sqft
ZIP code
07751
City
Morganville
Street
Independence Way
Coordinates
40.34951, -74.24203

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 198 Independence Way last sell?
198 Independence Way most recently sold on Jul 28, 2004 for $705,000.
What is the current tax assessment for 198 Independence Way?
The most recent total assessment for 198 Independence Way (year 2025) is $795,400 with $21,197 in property tax.
How does 198 Independence Way's assessment compare to its last sale price?
The current assessment is 12.8% above the last sale price of $705,000.
When was 198 Independence Way built?
198 Independence Way was built in 2001.
How does 198 Independence Way compare to others on Independence Way?
We track 3 other properties on Independence Way. Browse the list under "Other properties on Independence Way" to compare beds, baths, and sale history.
What are the property facts for 198 Independence Way?
198 Independence Way is a 5 bed, 5 bath, 3,567 sqft, 21,780 sqft lot single_family.
Is 198 Independence Way a flip candidate?
No — 198 Independence Way does not appear in our flips dataset.
Is 198 Independence Way a tax-appeal candidate?
No — 198 Independence Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.3%
Implied 1-yr
+9.2%
2026 Q3
$1.19M
2026 Q4
$1.21M
ZIP 07751 — Median Price History + Forecast

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