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200 Monmouth Avenue Unit 7, Spring Lake, NJ 07762

$550,000
: 1
BD
: 1
BA

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Sold Price: $550,000
List Price: $599,000
Status: CLOSED
Type: Condo
MLS#: 22516532
Closing Date: Nov 18, 2025
Beds: 1
Baths: 1
Region: Spring Lake (SPR)

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Property Description

Great opportunity. Welcome to the Hewitt Wellington in Spring Lake! This unique opportunity gives buyers the flexibility to use your condo unit whenever you want, with the added benefit of getting rental income when used in the hotel rental program. Located in Spring Lake, a premier destination along the Jersey Shore, ensures a steady stream of renters. The current owner expects approximately $30,000 in net income for 2025 via the hotel's rental program. The Hewitt Wellington offers professional management that handles all aspects of the property and each unit - a truly hassle free experience! This spacious unit was updated in 2025 with new carpet and furnishings. It features a highly coveted balcony overlooking the picturesque lake and timeless Jersey Shore sunrises.

(908) 208-2699

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Additional Information

Elementary School: H. W. Mountz
Middle School: H. W. Mountz
Waterview: Yes
Waterfront: Yes
Closing Date: Nov 18, 2025
Taxes: $1,886
Subtype: Condominium
Pool: Yes
Subdivision: Hewitt Wellington
Basement: None
Roof: Shingle
Heat Ac: Forced Air
Interior: Balcony
Style: Upper Level
Stories: 1
Hoa Fee: $608
Pool: Yes
Exterior: Outdoor Shower, Balcony
Exterior: Outdoor Shower, Balcony