Primary on Main
Listed By:
Melissa Nallen with Realty Mark Advantage - 8564574900;
Address
840 Wesley Avenue, Ocean City, NJ
Price
$ 1,675,000
Property Attributes
  • MLS#NJCM2007936
  • TypeSingle Family
  • Listing Status ACTIVE
  • CountyCAPE MAY
  • CityOcean City
  • AreaOcean City City
  • NeighborhoodNone Available
  • Zip08226
  • StyleCoastal
  • Year Built2017
  • Taxes$ 7792
  • Price$ 1,675,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1650
  • Lot Size0.11 Acres
Data Source:
Bright MLS
Property Description

2027 RENTALS ALREADY OVER $68,000 ON THE BOOKS! Welcome to 840 Wesley Avenue, a beautifully maintained 2017-built first-floor condo located in the heart of downtown Ocean City, NJ. This proven rental property has consistently generated approximately $112,000$114,000+ in annual rental income for the past seven years, with over $110,000 booked for 2026 and already more than $68,000 booked for 2027. Featuring 5 bedrooms and 3 full bathrooms, the home also includes a bonus ground-level cabana room that has been transformed into a fun and functional hangout space with games and TVperfect for larger families and groups. Enjoy two private outdoor spaces, including a spacious front patio and a second patio off the primary bedroom, plus a large private outdoor shower on the ground level for rinsing off after a day at the beach. Additional stone has been added to the driveway to increase parking capacityan especially valuable feature in downtown Ocean City. Offered fully furnished, less personal items, and complete with vacation-ready extras including beach chairs, boogie boards, beach carts, bicycles, and a BBQ grill. Located close to the beach, Boardwalk, Asbury Avenue shopping, restaurants, and entertainment, this property offers an ideal combination of location, comfort, and proven rental performance. Whether youre looking for a strong investment property or your own Ocean City getaway with substantial rental income potential, 840 Wesley Avenue is a turnkey opportunity ready for its next owner. Take over and start collecting the income!

Price History
10/12/2026 Listed $1,675,000

General Features

Living Area 1650
Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Possession Subject to Existing Lease
Zoning RESIDENTIAL
Garage Spaces 1.00
Association Fee Includes None
Patio/Porch Features Balconies- Multiple
Architectural Style Coastal
Construction Materials Brick Veneer,Vinyl Siding
School District OCEAN CITY SCHOOLS
Exclusions personal items
Year Built 2017
Levels 2
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County CAPE MAY
New Construction No
Property Type Residential
Association Amenities None
HOA No
Subdivision Name NONE AVAILABLE
Garage Y/N Yes
Water Access Y/N No
Other Structures Above Grade,Below Grade
Total Rooms 10
Full Baths 3
Status ACTIVE
Directions over 9th street bridge,make a left on Wesley
City OCEAN CITY
Body of Water Ocean City
Senior Community Y/N No
MLS Area Ocean City City (20508)
Lot Size Units Square Feet
Lot Size Square Feet 4792.00
Tax Assessed Value 671800.0
Tax Annual Amount 7792.0
Structure Type Other
Condo/Coop Association fee Y/N No
Bathrooms Full Main Level 3
Bathrooms Count Main Level 3.00
Price Per Sq Ft Total AG 1015.15
Historic Y/N No
Lease Considered Y/N No
Vacation Rental Y/N Yes
Total SQFT 1650
Standard Status Active
Year Built Source Estimated
Tax Lot 00017 06
Association Recreation Fee No

Interior Features

Heating Fuel Natural Gas
Total Fireplaces 1
Hot Water Natural Gas
Basement (Y/N) No
Heating Y/N Yes
Fireplace Y/N Yes
Above Grade Finished Area 1650
Central Air Y/N Yes
Total Bedrooms 5
Main Level Bedrooms 5
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Below Grade Unfin Area Units Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 3

Exterior Features

Pool No Pool
Water Source Public
Inclusions fully furnished
Total Parking Spaces 2
Garage Features Garage - Front Entry,Garage Door Opener
Type of Parking Attached Garage,Driveway
Spa No
Water View Y/N No
Lot Size Acres 0.11
Water Body Type Ocean
Lot Size Source Estimated
Waterfront Y/N No
Horse Y/N No
Land Assessed Value 248800.00
Navigable Water Y/N No
Water Oriented Y/N Yes
# of Attached Garage Spaces 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 08226

Price
AVG $3.95M
$1.68M
Taxes
AVG $11,802
$7,792
Year Built
AVG 2004
2017
Visits
AVG 56
187
Data Provided by Inside Real Estate®

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