1-6 FARREL COURT
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Location
1-6 FARREL COURT
M/B/L
39/ 6/ 5/ /
Acct#
00455800
Owner
INDEPENDENCE SQUARE LLC
Total Market Value
$7,806,250
Appraisal
$11,151,770
PID
9143
Building Count
6
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2022$10,611,280$540,490$11,151,770
Assessment
Valuation YearImprovementsLandTotal
2022$7,427,900$378,350$7,806,250

Owner of Record
OwnerINDEPENDENCE SQUARE LLC
Co-Owner
Address25 E SPRING VALLEY AVE
MAYWOOD, NJ 07607
Sale Price$24,000,000
Book & Page 1241/930
Sale Date11/06/2025
Instrument00

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
INDEPENDENCE SQUARE LLC$24,000,0001241/9300011/06/2025
FARRELL COMMUNITIES AT SANDY HOOK LLC$227,5001136/0678UNKQ01/13/2020
POOTATUCK RENTALS LLC$310,0000933/01912508/25/2008
ANSONIA GARDENS LLC $00786/04192509/17/2003

Building Information
Building 1 : Section 1
Year Built: 2021
Living Area: 3,150
Building Attributes
FieldDescription
Style:Health Club
ModelComm/Ind
GradeA
Stories:1.75
Occupancy1.00
Exterior Wall 1Clapboard
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverArch Shingles
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Hardwood
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral / Split
Bldg UseCOMM BLDG
Total Rooms5
Total Bedrms00
Total Baths3
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height9.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 1,800 1,800
TQSThree Quarter Story 1,800 1,350
BSMBasement 1,800 0
TDKComposite Deck 929 0
   6,329 3,150
Building 2 : Section 1
Year Built: 2020
Living Area: 17,734
Building Attributes : Bldg 2 of 6
FieldDescription
Style:Apartments
ModelComm/Ind
GradeA
Stories:2
Occupancy16.00
Exterior Wall 1Clapboard
Exterior Wall 2Wood Shingle
Roof StructureGable/Hip
Roof CoverArch Shingles
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Hardwood
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral / Split
Bldg UseApt Over 8
Total Rooms48
Total Bedrms24
Total Baths24
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallAverage
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall2.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 8,867 8,867
FUSFinished Upper Story 8,867 8,867
FOPOpen Porch 120 0
PTCPatio - Concrete 408 0
SLBSlab 8,867 0
TDKComposite Deck 408 0
   27,537 17,734
Building 3 : Section 1
Year Built: 2020
Living Area: 14,250
Building Attributes : Bldg 3 of 6
FieldDescription
Style:Apartments
ModelComm/Ind
GradeA
Stories:2
Occupancy12.00
Exterior Wall 1Clapboard
Exterior Wall 2Wood Shingle
Roof StructureGable/Hip
Roof CoverArch Shingles
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Hardwood
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral / Split
Bldg UseApt Over 8
Total Rooms44
Total Bedrms20
Total Baths20
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 7,125 7,125
FUSFinished Upper Story 7,125 7,125
FOPOpen Porch 88 0
PTCPatio - Concrete 394 0
SLBSlab 7,125 0
TDKComposite Deck 394 0
   22,251 14,250
Building 4 : Section 1
Year Built: 2020
Living Area: 15,886
Building Attributes : Bldg 4 of 6
FieldDescription
Style:Apartments
ModelComm/Ind
GradeA
Stories:2
Occupancy14.00
Exterior Wall 1Clapboard
Exterior Wall 2Wood Shingle
Roof StructureGable/Hip
Roof CoverArch Shingles
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Hardwood
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral / Split
Bldg UseApt Over 8
Total Rooms48
Total Bedrms24
Total Baths24
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 7,952 7,952
BASFirst Floor 7,934 7,934
FOPOpen Porch 128 0
PTCPatio - Concrete 468 0
SLBSlab 7,934 0
TDKComposite Deck 468 0
   24,884 15,886
Building 5 : Section 1
Year Built: 2020
Living Area: 16,494
Building Attributes : Bldg 5 of 6
FieldDescription
Style:Apartments
ModelComm/Ind
GradeA
Stories:2
Occupancy14.00
Exterior Wall 1Clapboard
Exterior Wall 2Wood Shingle
Roof StructureGable/Hip
Roof CoverArch Shingles
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Hardwood
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral / Split
Bldg UseApt Over 8
Total Rooms48
Total Bedrms24
Total Baths24
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 8,256 8,256
BASFirst Floor 8,238 8,238
BSMBasement 8,238 0
FOPOpen Porch 128 0
PTCPatio - Concrete 468 0
TDKComposite Deck 468 0
   25,796 16,494
Building 6 : Section 1
Year Built: 2020
Living Area: 21,540
Building Attributes : Bldg 6 of 6
FieldDescription
Style:Apartments
ModelComm/Ind
GradeA
Stories:3
Occupancy18.00
Exterior Wall 1Clapboard
Exterior Wall 2Wood Shingle
Roof StructureGable/Hip
Roof CoverArch Shingles
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Hardwood
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral / Split
Bldg UseApt Over 8
Total Rooms66
Total Bedrms30
Total Baths30
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 14,360 14,360
BASFirst Floor 7,180 7,180
FOPOpen Porch 70 0
PTCPatio - Concrete 252 0
SLBSlab 7,180 0
TDKComposite Deck 504 0
   29,546 21,540

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELV1Elevator1.00 UNITS$75,2002
ELV1Elevator1.00 UNITS$75,2003
ELV1Elevator1.00 UNITS$75,2004
ELV1Elevator1.00 UNITS$75,2005
ELV1Elevator1.00 UNITS$75,2006
SPR1Sprinklers - Wet5510.00 S.F.$7,8501
SPR1Sprinklers - Wet10096.00 S.F.$14,2402
SPR1Sprinklers - Wet14250.00 S.F.$20,0903
SPR1Sprinklers - Wet15886.00 S.F.$22,4004
SPR1Sprinklers - Wet16494.00 S.F.$23,2605
SPR1Sprinklers - Wet0.00 S.F.$06

Land
Land Use
Use Code3222
DescriptionCOMM BLDG  
Zone
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)11.75
Frontage
Depth
Total Market Land$378,350
Appraised Value$540,490

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
FGR1GarageFRFrame1250.00 S.F.$82,6902
FGR1GarageFRFrame1550.00 S.F.$102,5302
FGR1GarageFRFrame2000.00 S.F.$132,3002
FGR1GarageFRFrame2532.00 S.F.$167,4902
FGR1GarageFRFrame2532.00 S.F.$167,4902
LT1Lights  14.00 UNITS$14,7001
PAV1PavingASAsphalt58800.00 S.F.$123,4801
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$10,611,280$540,490$11,151,770
2023$10,611,280$540,490$11,151,770
2022$10,611,280$540,490$11,151,770

Assessment
Valuation YearImprovementsLandTotal
2024$7,427,900$378,350$7,806,250
2023$7,427,900$378,350$7,806,250
2022$7,427,900$378,350$7,806,250

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