5 Masters Way

Pennington, NJ 08534

$1,205,000
Last Sold Price
4
Beds
2,889 Sq. Ft.
$417 / Sq. Ft.
2,889
Sq. Ft.
$417
per Sq. Ft.
Closed 6/30/25
Closed 6/30/25
a front view of a house with garden
a view of an entryway with wooden floor and door
a living room with furniture and a wooden floor
a living room with furniture and a window
a living room with furniture and a potted plant
a view of a dining room with furniture window and outside view
a view of a dining room with furniture window and outside view
a dining room with furniture and window
a view of a dining room with furniture window and outside view
a view of a dining room with furniture window and outside view
a kitchen with kitchen island granite countertop a stove and a sink
a kitchen with stainless steel appliances granite countertop a sink and a stove
a kitchen with kitchen island granite countertop wooden cabinets and stainless steel appliances
a large kitchen with lots of counter space and wooden floor
a kitchen with stainless steel appliances kitchen island granite countertop a refrigerator a sink a stove and oven
a view of a dining room with furniture and wooden floor
a dining room with furniture a chandelier and wooden floor
a dining room with furniture and window
a view of a dining room with furniture window and wooden floor
a view of a dining room with furniture
a living room with furniture a fireplace and a flat screen tv
a living room with furniture a fireplace and a large window
a living room with furniture a rug and a large window
a living room with furniture and a flat screen tv
a living room with fireplace furniture and a flat screen tv
a view of a dining room with furniture window and wooden floor
a dining room with furniture and wooden floor
a bathroom with a toilet a sink and a mirror
a view of livingroom with furniture
a view of staircase with railing and white walls
a bed room with a bed and a couch
a bedroom with a bed a window and a flat screen television
a bedroom with a bed and a television
a bathroom with a bathtub a sink a vanity and a shower
a bathroom with a granite countertop sink a mirror and shower
a bedroom with a bed and a lamp
a bathroom with a sink double vanity and a mirror
a bedroom with a bed and a window
a bedroom with a bed and a flat tv screen on dresser
a bedroom with a bed and a flat screen tv
a spacious bedroom with a bed and a window
a bedroom with a bed and a painting on the wall
a view of a house with backyard and sitting area
a view of a park with swings
a view of a patio with table and chairs potted plants and a palm tree
a view of a house with a big yard and large tree and plants
a view of a house with swimming pool and yard
a view of outdoor space and deck
a front view of house with yard and green space
unknown

Description

There’s not a thing you’ll need to change or update in this elegant yet endlessly livable home because the current homeowner did it all, including expanding the home’s footprint with spacious dining and family room additions. The two-story entry filled with natural light provides a sweeping view of a living room with wainscot, a dining room spacious enough to welcome a large party, and an eat-in kitchen that is truly at the heart of the home with six points of egress from all directions. Stainless-steel...There’s not a thing you’ll need to change or update in this elegant yet endlessly livable home because the current homeowner did it all, including expanding the home’s footprint with spacious dining and family room additions. The two-story entry filled with natural light provides a sweeping view of a living room with wainscot, a dining room spacious enough to welcome a large party, and an eat-in kitchen that is truly at the heart of the home with six points of egress from all directions. Stainless-steel appliances include a double wall oven by Electrolux, five-burner gas cooktop, and refrigerator, while granite countertops provide a sophisticated finishing touch. Twin pantries and a multitude of drawers and pull outs accommodate an array of storage needs. At the back of the home is the family room, where a soaring ceiling is accented with exposed rough-hewn beams, and a gas fireplace is trimmed with stone from floor to ceiling. Finishing the main level are a home office with wood-burning fireplace, a mud room entry off the attached two-car garage, and a powder room with pedestal sink. A turned staircase leads to the second level, where the master suite enjoys a private bath done up in shades of black, gray and white, with a river stone floor in the glass shower and a soaking tub nearby. Twin vanities face each other, and a spacious walk-in closet completes this space. The remaining three bedrooms warm your feet with wall-to-wall carpeting, and share a hall bathroom fitted with twin vanity sinks and a tub/shower combo. At the home’s lowest level, the basement delivers two finished sitting areas, a full bath with shower and pedestal sink, a laundry room with ample cabinet storage, and plenty of unfinished concealed storage. A door allows for easy access to the backyard. High-touch details throughout this Mershon Chase home include gleaming hardwood floors, arched doorways, recessed lighting, and sliders leading from the dining and family rooms to the backyard, where a paver patio and in-ground pool with slide await the opportunity to fill warm-weather months with endless memories. Outdoor enthusiasts will appreciate the home’s proximity to groomed paths, preserved open spaces and parks, and commuters will appreciate easy access to routes 295, 95 and 1, as well as the Hamilton and Princeton train stations.
  1. Listed by Susan Thompson • Corcoran Sawyer Smith
    P: (609)-638-7700 sthompson@corcoranss.com

Property Details for 5 Masters Way

Tax ID Number
06-00078 43-00011 03
Ownership
Fee Simple
Condo Coop Association
No
HOA
Yes
Structure Type
Detached
Style
Transitional
Levels/Stories
2
Waterfront
No
LISTING UPDATED: 06/30/2025 05:56 PM

Property Details for 5 Masters Way

StatusClosed
MLS #NJME2056766
Days on Market7
Taxes$19,582 / year
HOA Fees$132 / quarter
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built1997
Lot Size0.41 AC / 17,860 SF
CountyMercer County

Location

Listing Courtesy of Corcoran Sawyer Smith

Sold By Coldwell Banker Residential Brokerage - Princeton

Add your commute

Building Information for 5 Masters Way

Stories2Year Built1997Building Size-Lot Size0.41 AC / 17,860 SF

Payment Calculator

$7,549 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,873

Property Taxes

$1,632

HOA Dues

$44

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Masters Way

Location
Location
  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS
  • School District County ID: 300200397266
  • SchoolDistrictSource: Listing Agent
  • Middle Or Junior School: TIMBERLANE M.S. (MERCER NJ)
  • MiddleSchoolSource: Listing Agent
  • High School: CENTRAL H.S. (MERCER NJ)
  • HighSchoolSource: Listing Agent
  • County: MERCER
  • MLS Area: Hopewell Twp (21106)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • HOA Condo Coop Fee Includes: Common Area Maintenance
  • Senior Community: No
  • Type of Condo: Home Owner Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $620,300
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $384,800
  • City Town Tax: $0
  • Land Assessed Value: $235,500
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: R-5
  • Tax Lot: 00011 03
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Rooms
Main
  • # Bedrooms Count Main Level: 0
  • # Bathrooms Count Main Level: 1
  • # Bathrooms Full Main Level: 0
  • # Bathrooms Half Main Level: 1
All Upper Levels
  • # Bedrooms Count All Upper Levels: 4
  • # Bathrooms Count All Upper Levels: 2
  • # Bathrooms Full All Upper Levels: 2
Upper Level 1
  • # Bedrooms Count Upper Level: 4
  • # Bathrooms Count Upper Level: 2
  • # Bathrooms Full Upper Level: 2
All Lower Levels
  • # Bathrooms All Lower Levels: 1
  • # Bathrooms Full All Lower Levels: 1
Lower Level 1
  • # Bathrooms Lower Level: 1
  • # Bathrooms Full Lower Level: 1
Rooms
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Study, Laundry, Mud Room, Primary Bathroom, Half Bath
  • Stories: Lower 1, Main, Upper 1
Rooms Information
Room 1
  • Room Type: Dining Room
  • Room Level: Main
  • Room Exists: Yes
Room 2
  • Room Type: Study
  • Room Level: Main
  • Room Exists: Yes
  • Room Features: Fireplace - Gas
Room 3
  • Room Type: Kitchen
  • Room Level: Main
  • Room Exists: Yes
Room 4
  • Room Type: Family Room
  • Room Level: Main
  • Room Exists: Yes
  • Room Features: Fireplace - Gas
Room 5
  • Room Type: Living Room
  • Room Level: Main
  • Room Exists: Yes
Room 6
  • Room Type: Mud Room
  • Room Level: Main
  • Room Exists: Yes
Room 7
  • Room Type: Primary Bathroom
  • Room Level: Upper 1
  • Room Exists: Yes
Room 8
  • Room Type: Primary Bedroom
  • Room Level: Upper 1
  • Room Exists: Yes
Room 9
  • Room Type: Bedroom 2
  • Room Level: Upper 1
  • Room Exists: Yes
Room 10
  • Room Type: Bedroom 3
  • Room Level: Upper 1
  • Room Exists: Yes
Room 11
  • Room Type: Bedroom 4
  • Room Level: Upper 1
  • Room Exists: Yes
Room 12
  • Room Type: Half Bath
  • Room Level: Main
  • Room Exists: Yes
Room 13
  • Room Type: Laundry
  • Room Level: Lower 1
  • Room Exists: Yes
Room 14
  • Room Type: Game Room
  • Room Level: Lower 1
  • Room Exists: Yes
Building Info
Building Info
  • Total Finished SQFT: 2,889.00
  • Total Finished SQFT Source: Assessor
  • Tax Total Finished SQFT: 2,889.00
  • Total SQFT: 2,889.00
  • Total SQFT Source: Assessor
  • Construction Materials: Frame
  • Ext Main Mid-res: http://bright-media02.prd.brightmls.com/bright/images/0000/8037/6162/6228/803761626228_512_384_WM_NP4qjqZ5kuzgoUlG.jpg
  • Flooring Type: Hardwood, Partially Carpeted, Ceramic Tile
  • Basement Type: Poured Concrete
  • Foundation Details: Other
  • Room and Floor: Bathrooms Half-Main Level-1, Bedrooms-Upper Level 1-1, Bedrooms-Upper Level 1-2, Bedrooms-Upper Level 1-3, Bedrooms-Upper Level 1-4, Bathrooms Full-Upper Level 1-1, Bathrooms Full-Upper Level 1-2, Bathrooms Full-Lower Level 1-1
  • # Bathrooms Full: 3
  • # Bathrooms Half: 1
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Fencing: Rear
  • Parcel ID: 2124279
Parking
Parking
  • Type Of Parking: Attached Garage
  • Num of Attached Garage Spaces: 2
  • Total Garage Spaces: 2
  • Garage Features: Garage - Front Entry
Interior Features
Interior Features
  • Fireplace: Yes
  • Fireplaces Count: 2
  • Fireplace Features: Wood, Gas/Propane
  • Accessibility Features: None
  • Laundry Type: Basement
Exterior Features
Exterior Features
  • Pool: Yes - Personal
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Mid Jersey Association of REALTORS

Property History for 5 Masters Way

DateEvent & SourcePriceAppreciation
Jun 30, 2025

Closed (Public Record)

Public Record #1903595160

$1,205,000—
Jun 30, 2025

Closed

BRIGHT #NJME2056766

$1,205,000—
Apr 16, 2025

Pending

BRIGHT #NJME2056766

—
Apr 16, 2025

Active Under Contract

BRIGHT #NJME2056766

—
Apr 11, 2025

Listed (Active)

BRIGHT #NJME2056766

$1,029,000—
DateEvent & SourcePrice
06/30/2025

Closed (Public Record)

Public Record #1903595160

$1,205,000
06/30/2025

Closed

BRIGHT #NJME2056766

$1,205,000
04/16/2025

Pending

BRIGHT #NJME2056766

—
04/16/2025

Active Under Contract

BRIGHT #NJME2056766

—
04/11/2025

Listed (Active)

BRIGHT #NJME2056766

$1,029,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Masters Way

Taxable ValueLand$235,500Additions$384,800Total$620,300
Tax Record2024$19,583 ($1,632 / month)
Home Facts
Beds0Total Finished SqFt2,964 SqFtAbove Grade Finished SqFt2,964 SqFtStories2Lot Size17,860 SqFtStyleSingle Family ResidenceYear Built1997ZoningR-5CountyMERCERAPN06 00078- 43-00011- 03

Schools near 5 Masters Way

This home is within Hopewell Valley Regional School District.
Rating
School
Type
Grades
Distance
Stony Brook Elementary School
Public - PK to 5
Timberlane Middle School
Public - 6 to 8
Central High School
Public - 9 to 12
Toll Gate/Grammar Elementary School
Public - PK to 5
Rating
School
Distance
Stony Brook Elementary School
PublicPK to 5

Timberlane Middle School
Public6 to 8

Central High School
Public9 to 12

Toll Gate/Grammar Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Corcoran Sawyer Smith

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.