OFF MARKET

Off market dec 2022 for $835K

$993,055

Est. refi paymentEst. refi $5,463/mo

•

2,501

sq ft

7 Masters Way, Pennington, NJ 08534

About this home

At the corner of Masters Way and Avalon Road, a handsome brick front colonial offers a fresh take on upscale suburban living with a freshly painted, neutral interior complemented by refinished hardwood floors and brand new carpeting. The inviting, two-story foyer is brightened by a full lite leaded glass door with sidelites and a second story picture window. The living room and dining room peel off to either side of the foyer, both overlooking the professionally landscaped front yard through nearly floor to ceiling round top windows. A first floor bedroom or office with a walk-in bay window offers views of both the back and side yards. The open concept great room and kitchen have easy access to the second floor via a back staircase. The two-story great room has a fireplace with marble surround and large windows that create a scenic, seasonally changing backdrop to the room. The center island kitchen has white cabinetry, recessed lighting and a breakfast area with French doors leading to the brick patio, creating opportunities for easy al fresco dining or indoor/outdoor entertaining. The laundry room is convenient to the kitchen and the back staircase. The second level houses three spacious bedrooms that share a full bath, and the primary bedroom suite, which has a vaulted ceiling, walk-in closet and an en suite bath with jetted tub, separate shower and dual sinks. The finished basement provides additional space for relaxation, entertaining or working from home. Within the highly acclaimed Hopewell Valley Regional School District and conveniently located close to supermarket, shops, businesses, transportation and major roadways…7 Masters Way is a delightful spot to call home. Please ask for a list of the many fabulous updates/updates including NEW ROOF and more Homeowners can join the Brandon Farms community pool for the season

Single-familyProperty Type

1997Year Built

0.36 acresLot Size

$397Est. Price/Sq.Ft.

2 car garageParking

Listed by Karen Friedland • BHHS Fox & Roach - Princeton

•609-924-1600 (broker)

•wendy.merkovitz@foxroach.com (broker)

Bought with Sita Philion • BHHS Fox & Roach - Princeton

•609-924-1600 (broker)

•wendy.merkovitz@foxroach.com (broker)

Redfin checked: a minute ago

•Source:BRIGHT MLS #NJME2023986

Redfin Estimate

$993,055

$158K since sold in December 2022$2,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 15% higher than the average sale price ($864K) of 6 comparable homes.

SOLD SEP 16, 2026
$992,000
A
4 beds2.5 baths2,598 sq ft
10 Avalon Rd, Pennington, NJ 08534
SOLD SEP 4, 2026
$796,000
B
5 beds3 baths2,972 sq ft
26 Carla Way, Lawrence Twp, NJ 08648
SOLD JUN 22, 2026
$790,000
C
4 beds2.5 baths2,280 sq ft
19 Larchmont Ct, Pennington, NJ 08534
SOLD JUN 26, 2026
$865,000
D
4 beds2.5 baths2,810 sq ft
2 Fanning Way, Pennington, NJ 08534
SOLD MAY 27, 2026
$865,000
E
4 beds2.5 baths2,616 sq ft
8 Poinsett Dr, Lawrenceville, NJ 08648
SOLD MAY 22, 2026
$875,000
F
4 beds2.5 baths2,462 sq ft
8 Chicory Ln, Pennington, NJ 08534

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Earn from this home

Sell

$313,969

Est. take-home

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Refinance

Est. cash available

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Rent

$4,109/mo

Redfin rental estimate

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Market trends in 08534, NJ

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.2%

+0.6% MoM

Median sale price

$680K

$35K MoM

Avg. days on market

58d

7 days MoM

Recently sold homes

3 MoM

New listings for sale

$639,900
3 beds2 baths2,300 sq ft
51 Diverty Rd, Pennington, NJ 08534-5011
$399,990
2 beds2 baths— sq ft
1107 Mary Ashby Way, Hopewell Township, NJ 08534
COMING SOON
$1,195,000
5 beds4 baths3,157 sq ft
22 Scudder Ct, Pennington, NJ 08534
(609) 924-1600
$435,990
2 beds2 baths— sq ft
1104 Mary Ashby Dr, Hopewell Township, NJ 08534
$549,000
3 beds2.5 baths1,960 sq ft
227 Concord Pl, Pennington, NJ 08534-5264
3D WALKTHROUGH
$899,000
4 beds2.5 baths2,512 sq ft
86 Chicory Ln, Pennington, NJ 08534
(609) 737-1500
$569,990
3 beds2.5 baths— sq ft
160 Leona Stewart Ln, Hopewell Township, NJ 08534
3D WALKTHROUGH
$2,250,000
5 beds6 baths5,921 sq ft
19 Tara Way, Pennington, NJ 08534
(609) 921-1050
$475,000
4 beds1.5 baths1,194 sq ft
81 Hopewell Pennington Rd, Hopewell, NJ 08525
(908) 306-9600
$639,000
4 beds2 baths1,900 sq ft
20 Route 31 S, Pennington, NJ 08534
(844) 837-5274
See all

Provided by Redfin

Sale history for 7 Masters Way

Date

Event

Price

BRIGHT MLS #NJME2023986

Dec 21, 2022

Sold

$835,000

$334/sq ft

Nov 21, 2022

Pending

—

Nov 9, 2022

Contingent

—

Nov 5, 2022

Listed

$749,000

$299/sq ft

Oct 31, 2022

Coming Soon

$749,000

$299/sq ft

BRIGHT MLS #1005652326

Jun 20, 2008

Sold

$632,500

$253/sq ft

Feb 12, 2008

Listing Removed

—

Feb 6, 2008

Listed

$624,900

$250/sq ft

This gorgeous brick front colonial welcomes guests with hardwood floors and dramatic 2-story foyer. Expanded kitchen is bright and spacious with plenty of counter space, center island, tile floors, recessed lighting and upgraded appliances. Enjoy the comfortable family room with the warmth of a fireplace and the grandeur of high ceilings. Work from home in the first floor study with a great view of the yard. The finished basement provides additional space for recreation, family fitness and storage. With 4 bedrooms and 3 baths, this home is a perfect fit for any homeowner. The beautiful landscape, custom brick patio and sprinkler system complete this property.

Public Records

Nov 26, 1996

Sold

$415,000

$166/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$18,974 (+2.8%)

$250,300 + $356,100

$606,400

2024

$18,459 (+6.2%)

$228,600 + $356,100

$584,700

2023

$17,386 (+2.1%)

$228,600 + $356,100

$584,700

2022

$17,027 (+2.7%)

$212,800 + $356,100

$568,900

2021

$16,583 (+2.5%)

$212,800 + $356,100

$568,900

2020

$16,182 (+2.5%)

$186,000 + $356,100

$542,100

2019

$15,786 (+1.9%)

$186,000 + $356,100

$542,100

2018

$15,493 (+2.8%)

$186,000 + $356,100

$542,100

2017

$15,070 (+5.8%)

$186,000 + $356,100

$542,100

2016

$14,246 (+4.2%)

$186,000 + $356,100

$542,100

2014

$13,677 (+0.3%)

$186,000 + $356,100

$542,100

2013

$13,639 (+3.8%)

$186,000 + $356,100

$542,100

2012

$13,146 (+1.3%)

$186,000 + $356,100

$542,100

2011

$12,981 (−4.3%)

$186,000 + $356,100

$542,100

2010

$13,567 (+4.8%)

$216,000 + $356,100

$572,100

2009

$12,945

$256,000 + $372,700

$628,700

Tax history for 7 Masters Way

Year

Property tax

Land + Additions

Assessment*

2025

$18,974 (+2.8%)

$250,300 + $356,100

$606,400

2024

$18,459 (+6.2%)

$228,600 + $356,100

$584,700

2023

$17,386 (+2.1%)

$228,600 + $356,100

$584,700

2022

$17,027 (+2.7%)

$212,800 + $356,100

$568,900

2021

$16,583 (+2.5%)

$212,800 + $356,100

$568,900

2020

$16,182 (+2.5%)

$186,000 + $356,100

$542,100

2019

$15,786 (+1.9%)

$186,000 + $356,100

$542,100

2018

$15,493 (+2.8%)

$186,000 + $356,100

$542,100

2017

$15,070 (+5.8%)

$186,000 + $356,100

$542,100

2016

$14,246 (+4.2%)

$186,000 + $356,100

$542,100

2014

$13,677 (+0.3%)

$186,000 + $356,100

$542,100

2013

$13,639 (+3.8%)

$186,000 + $356,100

$542,100

2012

$13,146 (+1.3%)

$186,000 + $356,100

$542,100

2011

$12,981 (−4.3%)

$186,000 + $356,100

$542,100

2010

$13,567 (+4.8%)

$216,000 + $356,100

$572,100

2009

$12,945

$256,000 + $372,700

$628,700

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

0.36 Acres

Year renovated

—

Sq. Ft.

2,501

Year built

1997

Style

Single Family Residential

County

Mercer County

APN

0600078 4300011 04

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 14, 2026.

R-5

Residential District

The purpose of this district is to create a district with reasonable access to major highways and utility services in which the density can be increased sufficiently to provide for the construction of low and moderate income housing.

Permitted uses

Include but are not limited to:

Agriculture
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Public service
Library
Golf related
Housing-Mobile home park
Park & open space

Property details

Parking

Parking Information
# of Attached Garage Spaces: 2
Garage Features: Garage - Side Entry, Inside Access
# of Total Garage and Parking Spaces: 2
Has Garage
# of Garage Spaces: 2
Attached Garage

Interior

Virtual Tour

Bedroom Information
# of Bedrooms On 1st Upper Level: 4
# of Bedrooms On Main Level: 1

Bathroom Information
# of Bathrooms (Full) On 1st Upper Level: 2
# of Bathrooms (Full) On Main Level: 1
# of Bathrooms (Full) On All Upper Levels: 2
# of Bathrooms (Full): 3

Interior Information
Living Area Sq.Ft. Source: Assessor

Room Information
Laundry Type: Main Floor

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Marble, Wood

Basement Information
Basement: Yes
Fully Finished, Sump Pump

Exterior

Property Information
Property Manager Present
Total Below Grade Sq. Ft.: 800
Improvement Assessed Value: $356,100
Ownership Interest: Fee Simple
Property Condition: Excellent
Year Built Source: Assessor

Building Information
Construction Materials: Frame
Foundation Details: Concrete Perimeter
Main Entrance Orientation: Northeast
Other Structures: Above Grade, Below Grade
Pets Allowed: Yes
Pet Restrictions: No Pet Restrictions
Structure Type: Detached

Pool Information
Community Pool

Lot Information
Lot Features: Corner
Lot Size Dimensions: 0.00 x 0.00
Lot Dimensions Source: Assessor
Tidal Water: No

Land Information
Land Assessed Value: $212,800

Above Grade Information
Finished Sq.Ft.: 2,501
Finished Sq.Ft. Source: Assessor

Below Grade Information
Unfinished Sq.Ft.: 800
Unfinished Sq.Ft. Source: Estimated
Finished Sq.Ft. Source: Assessor

Financial

Tax Information
Tax Assessed Value: $568,900
Tax Year: 2021
Tax Annual Amount: $17,402

Assessments Information
Year Assessed: 2021

Utilities

Utilities Information
Central Air
Cooling Type: Central A/C, Zoned, Ceiling Fan(s)
Cooling Fuel: Natural Gas
200+ Amp Service
Central, Zoned
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public

Location

Homeowners Association Information
HOA/Condo/Coop Fee Includes: Common Area Maintenance
HOA Fee: $101
HOA Fee Frequency: Quarterly

School Information
School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS
School District Source: Listing Agent

Location Information
Cross Street: Van Brunt
Directions: Denow Rd to Rt on Van Brunt to left on Masters Way to # 7 on Corner OR Pennington Lawrenceville Rd to Van Brunt to Masters Way #7
Municipality: HOPEWELL TWP

Public facts

Beds: —
Baths: —
Sq. Ft.: 2,501
Stories: 2.0
Lot Size: 0.36 acres
Style: Single Family Residential
Year Built: 1997
Year Renovated: —
County: Mercer County
APN: 0600078 4300011 04

Home facts updated by county records on Jul 14, 2026

Around this home

Schools

Stony Brook Elementary School

Public PreK-5 • Assigned • 0.5mi

9/10

Timberlane Middle School

Public 6-8 • Assigned • 2.7mi

6/10

Central High School

Public 9-12 • Assigned • 2.5mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 102° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

4/10 Air Factor

4 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Pennington, NJ • 08534

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.7 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

8.7 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$944,000 – $1.14M

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New listings for sale in 08534-5011

$639,900

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51 Diverty Rd, Pennington, NJ 08534-5011

$399,990

2 beds2 baths— sq ft

1107 Mary Ashby Way, Hopewell Township, NJ 08534

COMING SOON

$1,195,000

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22 Scudder Ct, Pennington, NJ 08534

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$549,000

3 beds2.5 baths1,960 sq ft

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3D WALKTHROUGH

$899,000

4 beds2.5 baths2,512 sq ft

86 Chicory Ln, Pennington, NJ 08534

(609) 737-1500

$569,990

3 beds2.5 baths— sq ft

160 Leona Stewart Ln, Hopewell Township, NJ 08534

3D WALKTHROUGH

$2,250,000

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19 Tara Way, Pennington, NJ 08534

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Home values near 7 Masters Way

Data from public records.

Address	Redfin Estimate
5 Masters Way, Pennington, NJ 4 Beds \| 3.5 Baths \| 2889 Sq. Ft.	$1,127,878
4 Masters Way, Pennington, NJ 4 Beds \| 2.5 Baths \| 2402 Sq. Ft.	$929,326

Address	Redfin Estimate
3 Masters Way, Pennington, NJ 4 Beds \| 2.5 Baths \| 2571 Sq. Ft.	$961,294
3 Masters Way, Pennington, NJ 4 Beds \| 2.5 Baths \| 2571 Sq. Ft.	$945,095

Address	Redfin Estimate
1 Masters Way, Pennington, NJ - Beds \| - Baths \| 3071 Sq. Ft.	$885,454
21 Avalon Rd, Pennington, NJ 5 Beds \| 2.5 Baths \| 2932 Sq. Ft.	$1,103,041

Property information provided by BRIGHT MLS when last listed in 2022. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 08534, NJ

Sale history for 7 Masters Way

Tax history for 7 Masters Way

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 08534-5011

Home values near 7 Masters Way

More real estate resources