840 Wesley Ave # 840 & 842 Ave Ocean City, NJ $ 3,490,000
840 Wesley Ave # 840 & 842 Ave
$ 3,490,000
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840 Wesley Ave # 840 & 842 Ave

Ocean City, NJ, 08226
$ 3,490,000
Baths0.0 Sq 3,372

Monthly Estimate*

$ 21,489

840 Wesley Ave # 840 & 842 Ave, Ocean City, NJ 08226 - Image 1
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Studio

Multi-Family Home for sale in Ocean City, NJ

for $3,490,000. This 3,372 square foot home was built in 2017.

Turn-key rental investment with exceptional performance in the heart of Ocean City, NJ—840–842 Wesley Ave (corner of 9th & Wesley). This rare, flexible layout combines the 1st and 2nd floor units to create a powerhouse vacation property offering 10 bedrooms, 6 bathrooms, plus 2 outdoor cabana showers, and accommodations for up to 28 guests. Proven income producer: $193,000 in 2026 rentals with more on the way!! Consistently bringing in approximately $230,000 annually for the past 5 years ($245K in 2024) Each level offers approximately 1,700 sq ft with 5 bedrooms and 3 full baths per floor, and the home can be enjoyed as two separate units or together via an interior connecting door—allowing access between floors without going outside (typically unlocked only when both floors are rented together). Features & amenities buyers and renters love: • Private elevator (ground level to 2nd floor only) • No steps once inside either unit • Two ground-level recreation rooms (TVs, foosball/game tables, games) • Large flat-screen TVs + TVs in every bedroom • Keyless entry, private entrances, internal stairwells • Front decks off living areas (locking gate) + rear decks off the primary suites • Washer/dryer on each floor • Off-street parking for up to 6 vehicles • Beach-ready extras (tags, chairs, wagon/stroller, umbrellas, cooler, boogie boards/toys) Prime walkable location—a short stroll to the beach, boardwalk, and downtown. Park once and walk everywhere. Units can be rented separately or together. Inquire for showing and rental history details.

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Multi-Family Active

Price

$ 3,490,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Year Built

2017

Town/City

Ocean City

County/Region

Cape May

MLS | Web ID

604812

Features
Exterior
Exterior Brick Face Vinyl
Driveway Concrete Gravel
Lot 17.06
Lot Dimensions 4800 sq ft
Separate Meters Cable TV Cooling Electric Gas Heat Hot Water Sewer Water
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General
Water Public
Sewer Public Sewer
Heating Forced Air
Appliances Dishwasher Disposal Dryer Gas Stove Microwave Refrigerator Self Cleaning Oven Washer
Status Active Active
Year Built 2017
Water Heater Gas
Class MULTI-FAMILY
Type Duplex
Tax Year 2024
Garage Three or More Cars
Status Detail 0
Waterfront No
Area Ocean City/Central
Location Boardwalk Area
Taxes 15512
Adult Community/55+: Y/N 0
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Interior
Basement Slab
# of Units 2
Air Conditioning Ceiling Fan(s) Central
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* Excluded Features
List By
Realty Mark Advantage

Broker

Affordability Calculator

$21,489
Per Month
100%
0%
0%
Monthly Principal & Interest
$21,489
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
760537 Elementary School
760538 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/17/2026$3,490,000 Listed Price

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840 Wesley Ave # 840 & 842 Ave, Ocean City, NJ, 08226 is a Multi-Family Home for sale at $3,490,000 with 3,372 sqft. 840 Wesley Ave # 840 & 842 Ave is a studio with 0.0 baths and was built in 2017. The property's zip code is 08226 which is in Ocean City, NJ