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About This Home
This 5-bedroom, 3-bathroom condo at 842 WESLEY Avenue in OCEAN CITY, NJ is listed for $1,795,000 ($1,042 per sqft). Built in 2017, the home offers 1,722 sqft of living space on a N/A lot.
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 $108,000 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 area-perfect 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!!
Key Features
- Built in 2017
- 2 stories
- 4 parking spaces
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$9,600/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
842 WESLEY Avenue
OCEAN CITY, NJ 08226
NONE AVAILABLE
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 5-bedroom, 3-bathroom condo at 842 WESLEY Avenue is listed at $1,795,000 ($1,042/sqft). The estimated monthly payment is $7,778 based on 20% down at 6.5% interest.
Key features include: Built in 2017, 2 stories, 4 parking spaces, Fireplace.
This property is listed by Melissa Nallen and can be reached at 8563710533 or missynallen@comcast.net.
