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840 Wesley AvenueOcean City, NJ 08226Price: $1,675,000

  • Price: $1,675,000
  • Est. Mortgage of $/month
  • 13 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 7.32% last updated on Oct 22, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,675,000List Price
  • 5Bedrooms
  • 3Bathrooms
  • 1,650Square Feet
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 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!
Listed by Melissa Nallen of Realty Mark Advantage

Open Houses

October 24th
Starts: 11:00am
Ends: 2:00pm

Driving Directions

Railey Vacations
Railey Vacations
Office: 301-387-2124
5 Vacation Way
McHenry, MD 21541

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More Info

Location Information

  • Date Listed10/11/2026
  • ZoningRESIDENTIAL
  • MLS Area MajorOcean City City
  • UsmAreaOcean City - Ocean City City

Parking

  • Parking TypesAttached Garage, Driveway
  • Total Garage And Parking Spaces2

Location

  • Address840 Wesley Avenue
  • Area Total1,650
  • SubdivisionNone Available
  • TownOcean City
  • StateNJ
  • Zip08226
  • CountyCape May

Property Information

  • Lot Size Square Feet4,792
  • Above Grade Finished Area1650

Amenities

  • PoolNo Pool
  • AmenitiesNone
  • PricePerSqFt1015
  • Other AmenitiesFireplace

Basic Information

  • MLS NumberNJCM2007936
  • Ownership InterestFee Simple
  • List Price$1,675,000
  • Square Feet1,650
  • Acreage0.11
  • Year Built2017
  • MLS Property TypeResidential
  • StatusACT

Building

  • Water Oriented YNYes
  • Rooms Total10
  • Association Fee IncludesNone
  • Vacation Rental YNYes
  • High School DistrictOcean City Schools
  • Broker NameRealty Mark Advantage
  • Building Number840
  • IncorporatedcitynameOcean City City
  • Distance To Body Of Water3
  • Directionsover 9th street bridge, make a left on Wesley
  • Distance To Body Of Water UnitsBlocks
  • Num Attached Garage Spaces1
  • Main Level Total Baths3
  • Main Level Bedrooms5
  • Main Level Full Baths3
  • Story ListMain
  • Structure Design TypeOther
  • Construction MaterialsBrick Veneer, Vinyl Siding
  • Property StyleCoastal
  • Bedrooms5
  • Full Bath3
  • Bathroom3
  • Levels2
  • Fireplace YNYes
  • Fireplace1
  • Garage TypeGarage - Front Entry, Garage Door Opener
  • Garage Spaces1
  • GarageYes
  • Patio And Porch FeaturesBalconies- Multiple

Tax Information

  • Total Taxes Payment FrequencyAnnually
  • Tax Total Finished Sq Ft1,650
  • Tax Assessment Amount671800
  • Tax Year2025
  • Taxes$7,792
  • County Tax Payment FrequencyAnnually
  • Assessment Year2025

Property

  • New Construction YNN

Interior

  • Heating YNYes
  • CoolingCentral A/C
  • FurnishedYes

Utilities

  • Water SourcePublic
  • SewerPublic Sewer
  • Central Air YNYes
  • Cooling FuelElectric
  • Water HeaterNatural Gas
  • Heating FuelNatural Gas
  • Heat System90% Forced Air

Water Body

  • Water Body TypeOcean
  • Water Body NameOcean City

Other

  • Exclusionspersonal items
  • View Count1

Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated October 24, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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