$1,029,000

5 Masters Way Pennington, NJ 08534

$10,000
Closing credit¹
4 beds
3 full, 1 partial
2,889 sqft
0.4 acres
$356 / sqft
House

Property details

About 5 Masters Way

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.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)
CoolingCentral Air
Size2,889 sqft
BasementYes
Lot size0.41 Acres
Year built1997
ParkingGarage - Front Entry, Attached Garage
MLS #NJME2056766
Garage2 spaces
FireplaceWood, Gas/Propane

Summary

  • MLS Number: NJME2056766
  • MLS Name: BRIGHT
  • Office Name: Corcoran Sawyer Smith
  • Office Phone: (609) 737-1500
  • Listing Agent: Susan Thompson
  • Agent Phone: (609) 638-7700
  • Agent Email: sthompson@corcoranss.com

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2025, 12:55:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property with roof with shingles, driveway, an attached garage, and a front lawn

$1,029,000

5 Masters Way

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$620,300$18,473
2022$604,500$17,613
2021$575,800$17,187
2020$575,800$16,767
2019$575,800$16,456

History based on county public records data.

Nearby schools

10

Stony Brook Elementary School

Public District KG-5

0.5 mi

20 Stephenson Rd

10

Toll Gate Grammar School

Public District KG-5

1.7 mi

275 S Main St

3

Antheil Elementary School

Public District PK-5

2.1 mi

339 Ewingville Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $142,054. The majority of Pennington, NJ residents have income between $100k-200k annually. The most common type of family is married, with kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

11%
<35k
25%
35k-100k
38%
100k-200k
26%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

24%
Single, No Kids
5%
Single, with Kids
33%
Married, No Kids
38%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
10%
12-17 yrs old
12%
18-34 yrs old
45%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • PaneraPanera
  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans

What do the neighbors drive?

  • InfinitiInfiniti
  • LexusLexus
  • LincolnLincoln

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • OldiesOldies
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5 Masters Way

This home is located at 5 Masters Way in Pennington, NJ and zip code 08534. This 2,889 square foot home, which was built in 1997, sits on a 0.41 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 1, 2025 and is currently priced at $1,029,000.

Over 3 listings were sold over their listed price in March 2025 in Pennington, NJ. In the same period over 0 listings were sold below the listed price and 0 listings were sold for the listed price. The inventory of homes for sale in Pennington, NJ between February and March 2025 increased by 44.4%. In March 2025, listings were on the market for 5 days. During the same period, the median list price in this real estate market was $600,000.

From Rocket Homes Real Estate and based on county public records data.

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