Why Live in Independence Township
Independence Township is a peaceful community with just shy of 5,500 residents. “There are differing degrees of rural in Warren County,” Broker Joan O’Brien with Re/Max Town & Valley, who is a 42-year Warren County resident, jokes. “Independence Township is not quite as rural.” The area features significant suburban development, but there isn’t a large commercial presence here. However, Hackettstown and U.S. Interstate 80 are a short drive away, allowing residents to run errands or commute to work in surrounding areas. But close to home, streets are secluded, and mature trees shade grassy front lawns. “Once I got used to the quiet, I never wanted to leave,” O’Brien says. Some homes in Independence Township sit in established subdivisions, where curbs line the streets and grassy lawns are well-maintained. Others dot farmland and have long driveways leading to their garages. Potential homebuyers can find townhouses, the type of residence with the most inventory, or condos for about $250,000 to $420,000. Ranch-style homes can cost $380,000 to $440,000, while Colonial revivals typically run in the $500,000 to $900,000 range. Prices depend on a property’s size, age and condition. The
Frequently Asked Questions
What is the average home price in Independence Township, NJ?
Homes for sale in Independence Township, NJ have an average home price of $523,858.
How many homes have sold over the last 12 months in Independence Township, NJ?
25 homes have sold in Independence Township, NJ over the last 12 months.
What are the most popular zip codes in Independence Township, NJ?
How much do you need to make to afford a house in Independence Township?
The median home price in Independence Township is $499,000. If you put a 20% down payment of $99,800 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $2,590 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $111K a year to afford the median home price in Independence Township.
How are the schools in Independence Township, NJ?
Home Trends in Independence Township, NJ
On average, homes in Independence Township, NJ sell after 44 days on the market compared to the national average of 50 days. The median sale price for homes in Independence Township, NJ over the last 12 months is $520,000, up 35% from the median home sale price over the previous 12 months.
Median Sale Price
$520,000
Median Single Family Sale Price
$520,000
Average Price Per Sq Ft
$215
Number of Homes for Sale
4
Last 12 months Home Sales
25
Median List Price
$499,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
35%