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$805,000   Price Analysis
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4 Masters Way
Pennington, NJ 08534
4 bed 3 bath 2,402 SqFt ($335/SqFt)
0.43 acre lot. Built 1997
Listed 2024-05-11, HOA $40, Taxes $16,630
May be USDA loan restricted due to income limits
near Pennington

Looking for a turnkey property? Look no further than this beautifully maintained and appointed four-bedroom home in Penningtons Mershon Chase.

* Sale Pending *

From the two-story entryway, take in the panoramic view of the home, starting with the formal open living room at the left and working around to the turned staircases leading up and down, the kitchen and sunroom and the two-story family room at back. Tall windows, transoms and clerestories fill the home with natural light during the day and recessed lights illuminate the evenings. The heart of the home is at the back, where a wall of windows in the family room frames the view of a tranquil backyard, raisd deck and small basketball court. A gas fireplace and plush wall-to-wall carpeting enhance the comfort of the space. The neighboring kitchen with tile floor has a center island with granite counters and seating, a gas stove, a pantry and a half-wall with serving ledge into what is currently used as a breakfast space, but could easily be reimagined as a sunroom with its peaked ceiling and walls of windows, including a single-pane picture window topped with an arched window.

A nearby formal dining room is accented with crown molding and chair rail and a powder room and mudroom finish out this level. Side by side turned staircases lead up and down. In the finished basement, find a big laundry room with upper and lower cabinets and a large living space thats carpeted and accented with a pumpkin-hued wall. Upstairs, a railed landing looks over the entry and offers a glimpse through the clerestory window. Three bedrooms share a hall bath with tub/shower combo and twin sinks. The master suite, accessed through a double doorway, is outfitted with a spacious walk-in closet and a spa-like bath with glass-doored shower, jetted Jacuzzi soaking tub and private toilet. Ample storage is available in the basement, attached two-car garage and attic. Outdoor enthusiasts will appreciate the homes proximity to biking and walking paths, preserved open spaces and parks. Commuters will appreciate easy access to routes 295, 95 and 1, as well as the Hamilton and Princeton train stations. And about everyone will appreciate the abundance of shopping and dining options in the Pennington and Hopewell downtowns, as well as nearby Princeton.


Presented by Susan Thompson at
Corcoran Sawyer Smith.
Listing Agent Photo

Property MLS #NJME2042560 from BrightMLS

Bedrooms: 4
Primary Bedroom Dimensions: 23 x 13
Bedroom 1 Dimensions: 13 x 13
Bedroom 2 Dimensions: 11 x 11
Bedroom 3 Dimensions: 11 x 11
Primary Bedroom Level: Upper 1
Bedroom 1 Level: Upper 1
Bedroom 2 Level: Upper 1
Bedroom 3 Level: Upper 1

Total Bathrooms: 3
Full Bathrooms: 2
1/2 Bathrooms: 1
Primary Bathroom Level: Upper 1
Primary Bathroom Features: Double Sink, Soaking Tub

Primary Bath(s)
Kitchen - Island
Ceiling Fan(s)
Stall Shower
Dining Area
Basement

Built-In Range
Oven - Self Cleaning
Dishwasher

Cooling Features: Central A/C
Heating Features: Forced Air
Heating: Yes

Dining Room Dimensions: 13 x 12
Dining Room Level: Main
Kitchen Dimensions: 18 x 15
Kitchen Features: Kitchen - Gas Cooking, Island, Pantry, Double Sink
Kitchen Level: Main

Family Room Dimensions: 17 x 13
Living Room Dimensions: 12 x 12
Family Room Level: Main
Great Room Level: Lower 1
Living Room Level: Main
Living Room Features: Fireplace - Other

Lot Size Acres: 0.4300046
Lot Size Square Feet: 18731

Garage Spaces: 2
Garage Features: Garage - Front Entry
Parking Features: Asphalt Driveway, Attached Garage Spaces: 2, Attached Garage
Parking Total: 2

Association: Yes
Association Fee: 120
Association Fee Frequency: Quarterly
Calculated Total Monthly Association Fees: 40

Elementary School: STONY BROOK
High School: CENTRAL
Middle School: TIMBERLANE
School District: HOPEWELL VALLEY REGIONAL SCHOOLS

Central High School is a public high school located approximately 2.5 miles away.
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Stony Brook Elementary School is a public elementary school located approximately 0.5 miles away.
directions icon Map directions

Notre Dame High School is a private high school located approximately 2 miles away.
directions icon Map directions

Timberlane Middle School is a public middle school located approximately 2.7 miles away.
directions icon Map directions

Municipality: HOPEWELL TWP
Annual Tax Amount: 17113.0
Source Listing Status: Pending
County: MERCER
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: MERCER
Source Neighborhood: MERSHON CHASE
Postal Code Plus 4: 1066
Subdivision: MERSHON CHASE
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$325,300 + $218,900
$544,200
$16,630
2022$325,300 + $218,900
$544,200
$16,287
2021$325,300 + $193,000
$518,300
$15,854
2020$325,300 + $193,000
$518,300
$15,471
2019$325,300 + $193,000
$518,300
$15,092
2018$325,300 + $193,000
$518,300
$14,813
2017$325,300 + $193,000
$518,300
$14,408
2016$325,300 + $193,000
$518,300
$13,620
2015$325,300 + $193,000
$518,300
$13,351
2014$325,300 + $193,000
$518,300
$13,076
2013$325,300 + $193,000
$518,300
$13,040
2012$325,300 + $193,000
$518,300
$12,568
2011$325,300 + $223,000
$548,300
$12,440
2010$357,800 + $263,000
$620,800
$13,396
2009$357,800 + $263,000
$620,800
$12,782
2008$393,900 + $263,000
$656,900
$13,111
2007$393,900 + $263,000
$656,900
$12,513

Listed 2024-05-11
$805,000
BrightMLS
Sold 2005-01-08
$617,500
Public Record
Sold 2002-11-04
$479,900
Public Record
Sold 1997-03-13
$249,074
Public Record
Sold 1996-10-11
$415,000
Public Record

Total Square Feet Living: 2402
Year Built: 1997
Above Grade Finished Area: 2402
Construction Materials: Vinyl Siding
Property Age: 27
Levels or Stories: 2
Structure Type: Detached
House Style: Colonial
Total Area Sqft: 2402
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.