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202 Ludlow Avenue, Spring Lake, NJ, 07762

6beds
7baths
4,292sqft
$6,999,000
$1,631price/sqft
$39,631/moest. monthly cost
$1,585,240/yrincome needed

About This Home

What is a Spring Lake classic? An elegant home with over 100 years of history. It's defined by inviting porches, high ceilings, multiple fireplaces, large sun-filled formal rooms, 6 beds. updated kitchen, and 6 1/2 baths. Special features include a cozy sitting room . large living room each with a wood burning fireplace, pocket doors, home office, great room with gas fireplace and cathedral ceiling. Most bedrooms have private baths and large closets. A unique 2 bed. carriage house for spillover guests, a four car garage, fabulous patio with a wet bar for summer fun. The front porch is the perfect perch to The manicured grounds and abundant plants and flowers add to the charm. The corner property is just 2 blocks to the North End beach and pool. Now is the time to make this classic yours

Getting Around

65
WalkingSomewhat Walkable
0
TransitVery Limited Transit
62
BikeBikeable

Schools

8/10

Construction

Condition

  • Year built: 1910

Type & Style

  • Home type: SingleFamily
  • Architectural style: Shore Colonial
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom

  • Area: 234
  • Dimensions: 18 x 13

Bedroom

  • Area: 210
  • Dimensions: 15 x 14

Bedroom

  • Area: 176
  • Dimensions: 16 x 11

Bedroom

  • Area: 169
  • Dimensions: 13 x 13

Bedroom

  • Area: 210
  • Dimensions: 15 x 14

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 7
  • Full bathrooms: 6
  • 1/2 bathrooms: 1

Dining Room

  • Area: 224
  • Dimensions: 14 x 16

Features

  • Ceilings - 9Ft+ 1st Flr,Wet Bar
  • Flooring: Tile,Wood
  • Number of fireplaces: 3
  • Fireplace: Yes

Foyer

  • Area: 210
  • Dimensions: 14 x 15

Great Room

  • Area: 270
  • Dimensions: 18 x 15

Heating & Cooling

  • Heating features: Steam,Oil Above Ground
  • Cooling features: Multi Units,Central Air

Interior Area

  • Total structure area: 4,292
  • Total interior livable area: 4,292 sqft

Kitchen

  • Area: 350
  • Dimensions: 14 x 25

Living Room

  • Area: 364
  • Dimensions: 26 x 14

Office

  • Area: 154
  • Dimensions: 11 x 14

Other

  • Area: 256
  • Dimensions: 16 x 16

Other

  • Area: 55
  • Dimensions: 5.5 x 10

Other

  • Area: 212.5
  • Dimensions: 25 x 8.5

Other

  • Area: 154
  • Dimensions: 11 x 14

Property

Details

  • Parcel number: 4700118000000021
  • Zoning description: Residential
  • Exclusions: Ceiling fixtures in DR,FR,front guest room,and den curtains

Features

  • Stories: 2

Lot

  • Lot size: 0.34 Acres
  • Features: Corner Lot
  • Lot size dimensions: 100 x 150

Parking

  • Total spaces: 4
  • Parking features: Paved,Driveway
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Hurricane
Heat Wave
Ice Storm
Lightning
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $35,390$424,680
Home Insurance *$966$11,592
Property Taxes $2,802$33,624
Electricity $473$5,677
Total$39,631$475,572
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,358,777/yr
40% on housing$1,188,930/yr
45% on housing$1,056,826/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,631This listing

vs Other Active Listings

Avg $/sqft

ZIP 07762$833
Monmouth County$424

vs Homes Sold Last Month

Median $/sqft

ZIP 07762$1,303
Monmouth County$384

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-11Listed for sale$7,200,000
2025-11-16Listing removed$7,299,000
2025-07-21Price change$7,299,000
2025-05-15Price change$7,900,000
2025-02-15Listed for sale$8,500,000

For Sale by Agent

AgentBonnie O'Malley
BrokerageBonnie O' Malley Realtor

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