5 Masters Way, Pennington, NJ 08534
Home value
$1,217,000
$1.10M - $1.35M
$5,248/mo
Owner options
$5,248/mo
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$7,275/mo
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Zillow last checked:
Listing updated:
Susan Thompson 609-638-7700,
Corcoran Sawyer Smith - Pennington
Jean Rubin, 894880
Coldwell Banker Residential Brokerage - Princeton
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Study, Laundry, Primary Bathroom, Half Bath
Primary bedroom
- Level: Upper
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Bedroom 4
- Level: Upper
Primary bathroom
- Level: Upper
Dining room
- Level: Main
Family room
- Features: Fireplace - Gas
- Level: Main
Game room
- Level: Lower
Half bath
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Lower
Living room
- Level: Main
Mud room
- Level: Main
Study
- Features: Fireplace - Gas
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
- Laundry: In Basement, Laundry Room, Mud Room
Features
- Flooring: Hardwood, Carpet, Ceramic Tile
- Basement: Concrete
- Number of fireplaces: 2
- Fireplace features: Wood Burning, Gas/Propane
Interior area
- Total structure area: 2,889
- Total interior livable area: 2,889 sqft
- Finished area above ground: 2,889
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Front, Attached
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Has private pool: Yes
- Pool features: Private
- Fencing: Back Yard
Lot
- Size: 0.41 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0600078 4300011 03
- Zoning: R-5
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Transitional
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Other
Condition
- Excellent
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Mershon Chase
HOA
- Has HOA: Yes
- Services included: Common Area Maintenance
- HOA fee: $132 quarterly
Location
- Region: Pennington
- Municipality: HOPEWELL TWP
Financial & listing details
- Price per square foot: $417/sqft
- Tax assessed value: $620,300
- Annual tax amount: $19,582
- Date on market: 4/11/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2025 | Sold | $1,205,000+17.1%$417/sqft |
Source: | ||
| 4/17/2025 | Contingent | $1,029,000$356/sqft |
Source: | ||
| 4/11/2025 | Listed for sale | $1,029,000+341.2%$356/sqft |
Source: | ||
| 5/14/1997 | Sold | $233,225$81/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,863 | $620,300 |
| 2024 | $18,863 +4.3% | $620,300 +2.6% |
| 2023 | $18,093 +2.7% | $604,500 |
| 2022 | $17,614 +2.5% | $604,500 +5% |
| 2021 | $17,188 +2.5% | $575,800 |
| 2020 | $16,767 +1.9% | $575,800 |
| 2019 | $16,456 +2.8% | $575,800 |
| 2018 | $16,007 +2.5% | $575,800 |
| 2017 | $15,621 +2.2% | $575,800 |
| 2016 | $15,287 +2.1% | $575,800 |
| 2015 | $14,971 +3.3% | $575,800 |
| 2014 | $14,487 +3.8% | $575,800 |
| 2013 | $13,963 +1.6% | $575,800 |
| 2012 | $13,746 -6.7% | $575,800 -5% |
| 2011 | $14,733 +4.8% | $605,800 -11.3% |
| 2010 | $14,057 -4.8% | $682,700 |
| 2009 | $14,764 +4.8% | $682,700 -7.7% |
| 2008 | $14,091 -0.5% | $739,700 |
| 2007 | $14,158 | $739,700 +126.8% |
| 2006 | -- | $326,100 |
| 2005 | -- | $326,100 +24.4% |
| 2004 | $7,968 | $262,100 |
| 2003 | -- | $262,100 +4.6% |
| 2002 | -- | $250,600 +7.3% |
| 2001 | -- | $233,600 |
Neighborhood: 08534
Nearby homes
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- $1,230,0005 bd3 ba2.9k sqft21 Avalon Rd, Pennington, NJ 08534Sold

- $942,700-- bd-- ba3k sqft1 Masters Way, Pennington, NJ 08534Off Market
- $850,0004 bd3 ba2.4k sqft4 Masters Way, Pennington, NJ 08534Sold
- $796,700-- bd-- ba1.9k sqft2 Masters Way, Pennington, NJ 08534Off Market
- $895,8004 bd3 ba2.5k sqft22 Avalon Rd, Pennington, NJ 08534Off Market
- $819,700-- bd-- ba2k sqft23 Avalon Rd, Pennington, NJ 08534Off Market
Nearby schools
GreatSchools rating
- 9/10Stony Brook Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 6/10Timberlane Middle SchoolGrades: 6-8Distance: 2.7 mi
- 6/10Central High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Middle: Timberlane M.s.
- High: Central H.s.
- District: Hopewell Valley Regional Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- New Jersey
- Mercer County
- Pennington
- 08534
- 5 Masters Way