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$1,205,000
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Property 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 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.
Full Property Details
Full Property Details for 5 Masters Way
General
- Sold For: $1,205,000
- HOA FEE: $44/month
- HOA FEE FREQ.: Quarterly
- Taxes: $19,582 (2024)
- Status: Closed
- Type: Single Family
- Source: BrightMLSTriStates
- MLS ID: NJME2056766
- Added to Site: 322 day(s) ago
Interior
- Rooms/Areas: 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
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Wood, Gas/Propane, Wood, Gas/Propane
- Flooring: Hardwood, Partially Carpeted, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Upper Floor Baths: 2
- Upper - Full Baths: 2
- Main Floor Baths: 1
- Main - 1/2 Baths: 1
- Lower Floor Baths: 1
- Lower - Full Baths: 1
- Primary Bathroom: Primary Bathroom, Upper 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Upper: 4
- Primary Bedroom: Primary Bedroom, Upper 1
- Bedroom 1: Bedroom 2, Upper 1
- Bedroom 2: Bedroom 3, Upper 1
- Bedroom 3: Bedroom 4, Upper 1
Other Rooms
- Living Room: Living Room, Main
- Family Room: Family Room - Fireplace - Gas, Main
- Kitchen: Kitchen, Main
- Dining Room: Dining Room, Main
- Game room: Yes
- Game Room: Game Room, Lower 1
- Rec Room: Yes
- Laundry: Basement, Lower 1
- Mud Room: Mud Room, Main
Additional Information
- Pool: Yes
- Private Pool: Yes
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Attached Garage
- Garage Description: Garage - Front Entry
Location
- Area: Hopewell Twp (21106)
- Municipality: HOPEWELL TWP
- County: Mercer
- Development Name: Mershon Chase
- Subdivision: Mershon Chase
- Driving Directions: Van Brunt to Masters Court
School Information
- School District: Hopewell Valley Regional Schools
- Middle School: Timberlane M.S.
- High School: Central H.S.
Community
- Association: Yes
- Assoc. Fees Include: Common Area Maintenance
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Transitional
- Architectural Style: Transitional
- Structure Type: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Poured Concrete
- Foundation: Other
- Stories/Levels: 0
- Stories Description: Lower 1, Main, Upper 1
- Square Feet: 2,889
- Sq. Ft. Source: Assessor
- Living Area: 2,889 Sq. Ft.
- Year Built: 1997
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
Unit 1
- Bathrooms-Lower: 1
Lot Features
- Lot Size (Acres): 0.41
- Lot Size (Sq. Ft.): 17,860
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Zoning: R-5
- Fencing (Description): Rear
Financial Considerations
- Price Per Sq. Ft.: $356.18
- Association Fee: $132
- Assoc Fee Freq.: Quarterly
- Assessment Year: 2024
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $620,300
- Tax Amount: $19,582
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 2889
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 00011 03
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Schools
Schools serving 5 Masters Way
School District:Hopewell Valley Regional School District
| Name | Grades | Distance |
|---|---|---|
Central High School, Pennington, NJ 259 Pennington - Titusville Road, Pennington, NJ 08534 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5 Masters Way
Date
Details
Price
Change
Source
6/30/2025
Sold
$1,205,000
17.1%
MLS
4/11/2025
Listed
$1,029,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5 Masters Way, Pennington, NJ 08534 (MLS# NJME2056766) is a Single Family property that was sold at $1,205,000 on June 30, 2025. This property was sold by Jean Rubin from our Princeton Office.Want to learn more about 5 Masters Way? Do you have questions about finding other Single Family real estate for sale in Pennington? You can browse all Pennington real estate or contact a Coldwell Banker agent to request more information.


