Recently Listed Open House 2/21 12pm - 3pm
842 Wesley Avenue
Ocean City, NJ, 08226 $ 1,795,000
Bedrooms5 Baths3.0 Sq 1,722 Monthly Estimate*
$ 11,052
for $1,795,000 with 5 bedrooms and 3 full baths. This 1,722 square foot condo was built in 2017.
Consistently producing $115,000+ in annual rental income (2024: $124,000)this is a true turnkey investment for the savvy buyer looking for a well-oiled rental machine. Already over $100,000 on the books for 2026! This beautiful second-floor (top-floor) property is ideally located at the corner of 9th & Wesley Avenue in the heart of Ocean City, NJ, just a short walk to the beach, boardwalk, and downtown. Offering 5BR/3BA and over 1,700 sq ft on the main living level, plus an additional 300+ sq ft entry-level recreation areaperfect for extra lounging and entertaining. A private elevator (serving the 2nd-floor unit only) provides added convenience and handicap-friendly access, with no steps once inside the unit. The layout is designed for comfort and groups with two primary suites (King & Queen), an additional Queen bedroom with balcony, plus two bedrooms with full-over-full bunk beds. The entry level features a full-size futon and a TV/foosball/game room. Enjoy a 55 TV in the family room, a 50 TV in the game room, and TVs in every bedroom. Outdoor living shines with a canopy-covered front deck off the living area (canopy removed in winter months), added privacy/sun shade on the north side of the awning, a rear deck off the primary, and a balcony off Bedroom 5. Additional highlights include keyless entry and off-street parking for 3 cars (1 garage + 2 driveway). Just minutes to the 9th Street beach/boardwalk, the Music Pier, and all the shopping and dining along Asbury Avenue. Schedule your private tour today!!
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Open House
2/21/2026 12:00 PM - 3:00 PM
842 Wesley Avenue Ocean City, NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralLiving Area 1722
Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Possession Subject to Existing Lease
Zoning RESIDENTIAL
Garage Spaces 2.00
Association Fee Includes None
Architectural Style Coastal
Construction Materials Brick Veneer Vinyl Siding
School District OCEAN CITY SCHOOLS
Year Built 2017
Levels 2
Tax Year 2025
Ownership Condominium
Cool Fuel Electric
Municipality OCEAN CITY CITY
Accessibility None
HOA Fee 2 0.00
County CAPE MAY
New Construction N
Property Type Residential
Association Amenities None
HOA N
Subdivision Name NONE AVAILABLE
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 3
Status ACTIVE
Directions over 9th street bridge make a left on Wesley. On the corner
City OCEAN CITY
Senior Community Y/N N
MLS Area Ocean City City (20508)
HOA Fee 2 Frequency Annually
Tax Annual Amount 8244.0
Structure Type Other
Condo/Coop Association fee Y/N Y
Bathrooms Full Main Level 3
Bathrooms Count Main Level 3.00
Price Per Sq Ft Total AG 1042.39
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 00017 06
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InteriorHeating Fuel Natural Gas
Total Fireplaces 1
Hot Water Natural Gas
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 1722
Central Air Y/N Y
Total Bedrooms 5
Below Grade Finished Area 0
Main Level Bedrooms 5
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
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ExteriorPool No Pool
Water Source Public
Garage Features Other
Type of Parking Driveway Parking Garage
Water View Y/N N
Lot Dimensions 40.00 x 0.00
Waterfront Y/N N
Land Assessed Value 248800.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByRealty Mark AdvantageBroker
missynallen@comcast.netEmail
Affordability Calculator
- Monthly Principal & Interest
- $11,052
- Monthly Property Taxes
- $687
- 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.
Learn more about how to save NearbyCondo listings in Ocean City, NJ
Average List Price $1,271,613
Percent of Sale Price 29%
About Ocean City, NJ 11,772 Population
-23% Since 2002
$ 66,936 Median Income
55.21 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
3536185 Elementary School
3534589 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/20/2026 | $1,795,000 | | Listed Price |