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5 Mt Rascal Road

Independence, NJ 07840·Warren County

Estimated market value

$733,504

high confidence

range $669,048 – $804,681

Assessment-implied: $567,449; Equalization ratio 0.5923 (2025)
Comp-implied: $527,906; 6 comparable sales

Based on 6 comparable sales

Address	Sold	Price
121 Route 46	2/2/2026	$400,000
108 Petersburg Rd	10/2/2025	$490,000
2 Nykun Lane	8/25/2025	$550,000
203 Route 46	3/5/2025	$525,000
88 Russling Rd	1/21/2025	$460,000
14 Sorensen Lane	7/2/2024	$875,000

Last sale

$500,000

11/21/2022

Property

Type

Residential

Tax class

Residential

Year built

1947

Building size

2,855 sq ft

Lot size

2.15 ac

Land description

2.15 AC

Building description

2S-F-L-2G

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$336,100

Land value

$82,900

Improvement value

$253,200

Last year's tax

$12,348

Sale on tax record

$500,000

Deed date

11/9/2022

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Sales history

11/9/2022$500,000
Bk 3311 / Pg 116
11/27/2013$322,500
Bk 2524 / Pg 142
11/28/1994$240,000
Bk 1398 / Pg 39
5/12/1987$143,000
Bk 1031 / Pg 114

Date	Price	Book / Page
11/9/2022	$500,000	3311 / 116
11/27/2013	$322,500	2524 / 142
11/28/1994	$240,000	1398 / 39
5/12/1987	$143,000	1031 / 114

Deeds

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Properties on Mt Rascal Road

Properties on Block 9

Frequently asked

When was 5 Mt Rascal Road, Independence, NJ 07840 last sold?: 5 Mt Rascal Road, Independence, NJ 07840 last sold in 2022 for $500,000.
What is the assessed value of 5 Mt Rascal Road, Independence, NJ 07840?: 5 Mt Rascal Road, Independence, NJ 07840 is assessed at $336,100 (land plus improvements).
What is 5 Mt Rascal Road, Independence, NJ 07840 worth?: Our model estimates 5 Mt Rascal Road, Independence, NJ 07840 at $733,504, based on comparable recorded sales nearby.
How many units does 5 Mt Rascal Road, Independence, NJ 07840 have?: 5 Mt Rascal Road, Independence, NJ 07840 has 1 dwelling unit on record.
What kind of property is 5 Mt Rascal Road, Independence, NJ 07840?: It is a Residential Property.

Parcel ID2112·block 9·lot 56