About this home

Welcome to 5 Penn Lane, a spacious 4-bedroom, 2.5-bath Colonial nestled in the sought-after Brasch Farms neighborhood within Middletown's highly desirable Oak Hill section, known for its beautiful homes and excellent school system. Offering a wonderful combination of space, character, and versatility, this home presents a fantastic opportunity in one of Middletown's most desirable locations. The main level features hardwood flooring, a formal dining room, and a generously sized living room accented by a charming fireplace. The eat-in kitchen offers granite countertops, ample counter space, a center island, and stainless steel appliances. Just beyond, a sun-filled enclosed sunroom showcases an expansive wall of windows overlooking the backyard and heated in-ground swimming pool, creating an inviting space to relax and enjoy the surrounding views. Upstairs, you'll find four comfortably sized bedrooms, including a spacious primary suite featuring a private bathroom with a large custom walk-in shower, glass enclosure, and double-sink vanity. An additional full hallway bathroom serves the remaining bedrooms. The finished basement provides even more living space, ideal for a recreation room, home theater, fitness area, or additional entertaining space. Additional highlights include a convenient main-level powder room, dedicated laundry area, generator inlet switchf, and a backyard featuring a heated in-ground swimming pool, perfect for summer gatherings and outdoor enjoyment. With its generous floor plan, desirable location, and endless potential to personalize, this home offers an exceptional opportunity to make it your own. Conveniently located near shopping, dining, parks, major commuting routes, and the Jersey Shore.

Facts and features

Schools

• Middletown - South High School

  high · 9-12 · 0.3 mi

  7

• Thompson Middle School

  middle · 6-8 · 0.7 mi

  7

• Nut Swamp Elementary School

  elementary · K-5 · 0.7 mi

  7

• Oak Hill Academy

  elementary · K-8 · 1.0 mi

• A Child's Place School

  elementary · PK-1 · 1.0 mi

• Christian Brothers Academy

  high · 9-12 · 1.7 mi

Price history

• Oct 30, 2026 · Listed$1,200,000
• Oct 23, 1998 · Sold$347,000
• May 31, 1995 · Sold$343,000
• Jul 1, 1982 · Sold$142,000

Tax history

• 2025$16,549 tax · $1,129,200 assessed
• 2024$16,371 tax · $1,025,400 assessed
• 2023$14,620 tax · $841,200 assessed
• 2022$14,510 tax · $770,600 assessed
• 2021$14,593 tax · $701,600 assessed
• 2020$14,784 tax · $691,500 assessed
• 2019$14,667 tax · $694,500 assessed
• 2018$15,929 tax · $735,100 assessed

Home value

$1,189,300

• Cotality$1,189,300
• Collateral Analytics$1,182,000
• Quantarium$1,208,829

Where it is