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$1,675,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 3 Full Baths
  • 1,650 Sq. Ft.
  • 1 Car Garage
  • Updated 1 day ago
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2027 RENTALS ALREADY OVER $69,000 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 $109,000 booked for 2026 and already more than $70,000 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 TV-perfect 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 capacity-an 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 you're 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!

Full Property Details for 840 Wesley Ave

General

  • Price: $1,675,000
  • Taxes: $7,792 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSPhilly
  • MLS ID: NJCM2007936
  • Updated: 10/11/2026
  • Added to Site: 2 day(s) ago

Interior

  • Number of Rooms: 10
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Furnished: Yes

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Floor Baths: 3
  • Main - Full Baths: 3

Bedrooms

  • Total Bedrooms: 5
  • Bedrooms Main & Up: 5

Additional Information

  • Shared Amenities: None

Exterior

  • Porch/Patio/Deck: Balconies- Multiple

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 2
  • Parking Type: Attached Garage, Driveway
  • Garage Description: Garage - Front Entry, Garage Door Opener

Location

  • Area: Ocean City City (20508)
  • Municipality: OCEAN CITY CITY
  • County: CAPE MAY
  • Subdivision: NONE AVAILABLE
  • Driving Directions: over 9th street bridge, make a left on Wesley

School Information

  • School District: Ocean City Schools

Community

  • Assoc. Fees Include: None
  • Pets Allowed: Yes
  • Pets: No Pet Restrictions

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Dist. to Water: 3 Blocks

Structural Information

  • Architectural Style: Coastal
  • Structure Type: Other
  • Construction: Brick Veneer, Vinyl Siding
  • Stories Description: Main
  • Square Feet: 1,650
  • Sq. Ft. Source: Assessor
  • Living Area: 1,650 Sq. Ft.
  • Finished Above Grnd: 1,650 Sq. Ft.
  • Year Built: 2017
  • Year Built Source: Estimated

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,792
  • Lot Size Source: Estimated
  • Zoning: RESIDENTIAL

Water Features

  • Water Front Type: Ocean
  • Water Front Name: Ocean City

Financial Considerations

  • Price Per Sq. Ft.: $1,015.15
  • Assessment Year: 2025
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $671,800
  • Tax Amount: $7,792
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 1650

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: personal items,
  • Inclusions: fully furnished
  • Lot Number: 00017 06

Listed by Realty Mark Advantage, Melissa Nallen

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Listing agent

— 840 Wesley Ave —

  • Melissa Nallen

    Realty Mark Advantage

Listing Office Email: dsupnick@aol.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 840 Wesley Ave

School District:Ocean City School District
NameGradesDistance
Ocean City Intermediate School
1901 Bay Avenue, Ocean City, NJ 08226
4-81.2 mi
Ocean City High School
501 Atlantic Avenue, Ocean City, NJ 08226
9-120.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 840 Wesley Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/11/2026
Listed
$1,675,000
109.38%
MLS
12/17/2018
Sold
$800,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 840 Wesley Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,538
9%
$671,800
—
2022
$6,913
2%
$671,800
—
2021
$6,752
35%
$671,800
—
2021
$5,012
-23%
$671,800
—
2019
$6,496
1%
$671,800
—
2018
$6,436
—
$671,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Realty Mark Advantage, Melissa Nallen

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840 Wesley Avenue, Ocean City, NJ 08226 (MLS# NJCM2007936) is a Single Family property with 5 bedrooms and 3 full bathrooms. 840 Wesley Avenue is currently listed for $1,675,000 and was received on October 11, 2026. Want to learn more about 840 Wesley Avenue? Do you have questions about finding other Single Family real estate for sale in Ocean City? You can browse all Ocean City real estate or contact a Coldwell Banker agent to request more information.

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