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.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Forced Air
- Heating: Yes
Exterior and Lot Features
- Balcony
- Outdoor Shower
- Patio And Porch Features: Porch - Covered
- Porch: Yes
Waterfront and Water Access
Home Features
Homeowners Association
- Association: Yes
- Association Fee: 608
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 608
School Information
- Elementary School: H. W. Mountz
- Middle School: H. W. Mountz
Other Property Info
- Annual Tax Amount: 1886
- Source Listing Status: Active
- County: Monmouth
- Directions: North on Highway 71, Right onto Monmouth Avenue
- Tax Year: 2024
- Ownership: Condominium
- Source Property Type: Residential
- Property Subtype: condo
- MLS Area Minor: Spring Lake (SPR)
- Source Neighborhood: Hewitt Wellington
- Parcel Number: 47-00040-0000-00017-0007
- Subdivision: Hewitt Wellington
- Property Subtype: Condominium
Utilities
- Sewer: Public Sewer
- Water Source: Public
Building and Construction
- Roof: Shingle
- Levels or Stories: 1
- House Style: Condominium
- Architectural Style: Upper Level