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17 Independence Way, Rockaway, NJ, 07866

3beds
3baths
--sqft
$624,900
--price/sqft
$4,469/moest. monthly cost
$178,760/yrincome needed

About This Home

Beautiful 3-bedroom, 3-bath stand alone home in desirable Townsquare Village featuring an updated eat-in kitchen with beautiful cabinets, granite countertops, and stainless steel appliances. The formal dining room opens to a private deck, perfect for entertaining. Spacious living room offers large windows with abundant natural light and a cozy fireplace. The second level features a generous primary bedroom with a walk-in closet and attached bath with stall shower, along with a second bedroom and full common bath. The third level boasts an additional primary suite complete with walk-in closet and attached full bath. Finished basement includes a recreation room, laundry area, and utility room. Hardwood floors throughout all three levels, with tile flooring in the basement. Additional highlights include an attached 2-car garage, driveway parking, and ample guest parking. Walk to shopping , bus transportation, highways and very close to near by train station. Great school system!

Getting Around

60
WalkingSomewhat Walkable
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

7/10
Dennis B O Brien SchoolGrades PK-50.5 mi
5/10
Copeland Middle SchoolGrades 6-82.0 mi
6/10
Morris Knolls High SchoolGrades 9-122.7 mi

Construction

Condition

  • Year built: 1992

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Stone,Wood Siding

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Dishwasher,Dryer,Microwave,Range/Oven-Gas,Refrigerator,Washer,Gas Water Heater
  • Laundry features: Laundry Room,In Basement

Basement

  • Features: Laundry Room, Rec Room, Utility Room

Basement

  • Has basement: Yes
  • Basement: Yes,Finished,Full

Bedroom1

  • Level: Second
  • Area: 198

Bedroom2

  • Level: Second
  • Area: 120

Bedroom3

  • Level: Third
  • Area: 170

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Features: Formal Dining Room
  • Level: First
  • Area: 120

Family Room

  • Level: Ground
  • Area: 368

Features

  • Utility Room
  • Window features: Blinds
  • Flooring: Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Living Room,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: 1 Unit,Baseboard - Hotwater,Zoned,Natural Gas
  • Cooling features: 1 Unit,Central Air

Kitchen

  • Features: Eat-in Kitchen
  • Level: First
  • Area: 120

Living Room

  • Level: First
  • Area: 252

Master Bathroom

  • Features: Stall Shower

Property

Details

  • Parcel number: 2335110140000000080000

Features

  • Levels: Multi Floor Unit
  • Private pool: Yes
  • Pool features: Indoor,Association
  • Patio & porch: Deck

Lot

  • Lot size: 4,356 sqft
  • Lot size dimensions: .095 AC

Parking

  • Total spaces: 2
  • Parking features: 2 Car Width,Additional Parking,Asphalt,Driveway-Exclusive,Built-In Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,159$37,908
Home Insurance *$159$1,908
Property Taxes $958$11,496
Electricity $193$2,318
Total$4,469$53,628
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$153,222/yr
40% on housing$134,070/yr
45% on housing$119,173/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.8%
6.8%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07866$290
Morris County$395

vs Homes Sold Last Month

Median $/sqft

ZIP 07866$346
Morris County$367

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-26Listed for sale$624,900
2010-04-06Sold$342,000
2007-04-16Sold$372,500

For Sale by Agent

AgentMahalakshmi Gullapalli
BrokerageWeichert Realtors

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