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
$14,836,450
Appraisal
$21,194,930
PID
9143
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2022$18,234,930$2,960,000$21,194,930
Assessment
Valuation YearImprovementsLandTotal
2022$12,764,450$2,072,000$14,836,450

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

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$2,072,000
Appraised Value$2,960,000

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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