Back 7/200 Monmouth Avenue
Off Market

7/200 Monmouth Avenue

Spring Lake NJ 07762

1
1
Condo
Last sold for $550,000
Kiernan DiFeoKiernan DiFeo, last sold this property on 18 November 2025 after 166 days on market.

Overview

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.

Features

1 bedroom
1 bathroom
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Spring Lake over the last 12 months, the estimated median property value of 7/200 Monmouth Avenue is $607.5k.

Median value
$607.5k
Estimated value range
$405k - $734.5k
Median days on market
32
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Spring Lake. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7/200 Monmouth Avenue

2025
Sold
$550,000
18 Nov 2025 by Kiernan DiFeo, of Jack Green Realty
2024
Sold
$625,000
20 Dec 2024 by Shawn Thomson, of Coldwell Banker Realty
2024
Sold
$700,000
14 Feb 2024 by Shawn Thomson, of Coldwell Banker Realty

Happy sellers in Spring Lake

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We have insufficient information to provide an overview of customer satisfaction for Spring Lake. Viewing the agent profiles, reviews and sales for Spring Lake can provide insights for this location.

Local market activity for 1 bedroom condos in Spring Lake

In the last 12 months, 10 one-bedroom condos similar to 7/200 Monmouth Avenue, have been sold.

This represents a 9% increase in one-bedroom condos sales when compared to the previous 12 months.

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