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Single Family ResidenceResidential
$1,445,618$404 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $780,000 on Sep 9, 2015

187 INDEPENDENCE WAY

MORGANVILLE, NJ 07751
4
Beds
3 / 2
Baths
3,579 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.56 ac
Lot SizeThe size of the land the home sits on, from county records.
2001
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
9
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$1.4M
$1.4M low$1.5M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$780,000 · Sep 9, 2015

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$20,787 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$780,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$313,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$466,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$780,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$780,000

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Colonial
CountyMONMOUTH
Lot (acres)The size of the land the home sits on, from county records.0.56
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Built-in
PoolWhether the property has a pool, and what kind, such as in-ground.Yes
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 332 ft²Patio · 112 ft²

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Frank Defino Central Elementary SchoolA
Elementary · Grades KG–5 · 0.9 mi
H
Marlboro High SchoolB
High · Grades 9–12 · 1.5 mi
M
Marlboro Memorial Middle SchoolA
Middle · Grades 6–8 · 2.3 mi

District: Marlboro Township School District

Neighborhood · ZIP 07751These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.9
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.98
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.94

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.33%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.2.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.20,790
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,270 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$159,105
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$193,684
Average tempThe average temperature here across a full year.53°F
Annual precipHow much rain and melted snow falls here in a typical year.48 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

187 Independence Way measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 89% of homes in Morganville 07751
  • Costs more per square foot than 84% of homes in Morganville 07751
  • Bigger than 91% of homes in Monmouth County
  • Has a bigger lot than 77% of homes in Monmouth County
  • Newer than 87% of homes in Morganville 07751

What homes are worth in Morganville 07751

Each bar is how many homes fall in that price range. The marker is this home.

This home
$355K$2M

This home is worth more than 89% of homes in Morganville 07751.

How it measures up in Morganville 07751

The dot is this home. The mark in the middle is the typical home in Morganville 07751.

Estimated value$1,445,618
CheaperTypical $882,139Pricier

Pricier than 89% of homes nearby

Price per ft²$404
CheaperTypical $356Pricier

Pricier than 84% of homes nearby

Living area3,579 ft²
SmallerTypical 2,477 ft²Bigger

Bigger than 82% of homes nearby

Lot size0.56 ac
SmallerTypical 0.46 acBigger

Bigger than 70% of homes nearby

Year built2001
OlderTypical 1992Newer

Newer than 87% of homes nearby

How 187 Independence Way ranks against every home in each area.
MeasureThis homeMorganville 07751Monmouth County
Estimated valuepricier than$1,445,61889% of homes88% of homes
Price per ft²pricier than$40484% of homes55% of homes
Living areabigger than3,579 ft²82% of homes91% of homes
Lot sizebigger than0.56 ac70% of homes77% of homes
Year builtnewer than200187% of homes86% of homes

About 187 Independence Way

How much is 187 Independence Way, Morganville, NJ worth?

The TopHap Estimate for 187 Independence Way, Morganville, NJ is $1,445,618 as of Oct 21, 2026. The likely range is $1,384,716 to $1,506,520. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 187 Independence Way, Morganville, NJ last sell?

187 Independence Way, Morganville, NJ last sold on Sep 9, 2015 for $780,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 187 Independence Way, Morganville, NJ?

187 Independence Way, Morganville, NJ has 4 bedrooms, 3 bathrooms, 3,579 square feet of living space and a 0.56-acre lot.

When was 187 Independence Way, Morganville, NJ built?

187 Independence Way, Morganville, NJ was built in 2001, making it 25 years old. It is a colonial home. The building has 2 stories.

What schools serve 187 Independence Way, Morganville, NJ?

187 Independence Way, Morganville, NJ is assigned to Frank Defino Central Elementary School (elementary), rated A; Marlboro High School (high), rated B; Marlboro Memorial Middle School (middle), rated A. All sit in Marlboro Township School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 187 Independence Way, Morganville, NJ compare to other homes in Morganville 07751?

Among the 6,355 homes in Morganville 07751, it is worth more than 89% of them ($1,445,618 against a typical $882,139), its price per square foot is higher than 84% of them ($404 against a typical $356), it is bigger than 82% of them (3,579 ft² against a typical 2,477 ft²), its lot is bigger than 70% of them (0.56 ac against a typical 0.46 ac) and it is newer than 87% of them (2001 against a typical 1992). Measured against all of Monmouth County, it is worth more than 88% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 187 Independence Way, Morganville, NJ?

The 2025 property tax bill for 187 Independence Way, Morganville, NJ was $20,787. The county assessed it at $780,000.

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