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840-842 Wesley AvenueOcean City, NJ 08226Price: $3,425,000

  • Price: $3,425,000
  • 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.
  • $3,425,000List Price
  • 3,372Square Feet
RARE OPPORTUNITY TO OWN THE ENTIRE DUPLEX - 2027 RENTALS ALREADY OVER $136,000 ON THE BOOKS! 2026= Over $232,000 in rentals Welcome to 840 & 842 Wesley Avenue, an incredible opportunity to own both units of this beautifully maintained, 2017-built duplex in the heart of downtown Ocean City, NJ. Offering a combined 10 bedrooms, 6 full bathrooms, plus additional ground-level recreation space, this property is perfectly positioned as a high-performing investment, large family compound, or a combination of both. These properties have an outstanding and proven rental history, consistently generating strong annual income year after year. Even better, 2027 rentals are already over $136,000 on the books, giving the new owner the opportunity to step into an established rental business with significant future income already secured. Each unit features 5 bedrooms and 3 full baths, spacious living areas, outdoor space, private ground-level outdoor showers, and thoughtful amenities designed specifically with the Ocean City vacationer in mind. The first-floor unit at 840 Wesley includes a bonus ground-level cabana room that has been transformed into the perfect additional hangout space with games and TV. It also offers two private outdoor areas, including a front patio and another off the primary bedroom. The second-floor unit at 842 Wesley offers additional ground-level recreation space and the convenience of a private elevator from the ground level to the second floor. Once inside, the spacious single-level layout makes the unit especially convenient for guests. The property also features multiple decks, generous sleeping accommodations, and plenty of room for larger families and groups. One of the most unique advantages of owning both units is the ability to use or rent them individually or together, creating tremendous flexibility for large family gatherings, reunions, multi-generational vacations, and larger rental groups. Parking has also been enhanced with additional stone added to increase capacity-an extremely valuable feature in downtown Ocean City. Both units are being offered fully furnished, less personal items, and include many of the extras vacationers appreciate, such as beach chairs, boogie boards, beach carts, bicycles, BBQ grills, and more. Located just blocks from the beach, Boardwalk, downtown Asbury Avenue shopping, restaurants, entertainment, and everything Ocean City has to offer, this is a truly turnkey opportunity. Whether you are looking for a substantial income-producing investment, a family compound at the Shore, or the flexibility to use one unit while renting the other, 840 & 842 Wesley Avenue offers possibilities that are extremely difficult to duplicate. Two units. 10 bedrooms. 6 bathrooms. Proven rental history. Over $232,000already booked for 2026. Take over and start collecting the income! This is a rare downtown Ocean City investment opportunity-schedule your private showing today!
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

  • UsmAreaOcean City - Ocean City City

School Information

  • High School DistrictOcean City Schools

Parking

  • Parking TypesDriveway, Parking Garage
  • Total Garage And Parking Spaces5

Building

  • Construction MaterialsBrick Veneer, Vinyl Siding
  • Elevators1
  • Fireplace1
  • Fireplace YNYes
  • GarageYes
  • Garage Spaces5
  • Garage TypeOther
  • Property StyleCoastal
  • Square Feet3,372
  • Structure Design TypeOther
  • Year Built2017

Amenities

  • Other AmenitiesFireplace
  • PoolNo Pool

Basic Information

  • Broker NameRealty Mark Advantage
  • List Price$3,425,000
  • MLS Area MajorOcean City City
  • MLS NumberNJCM2008114
  • MLS Property TypeResidential Income
  • Price Per Square Foot1016
  • StatusACT
  • Units2
  • Units FurnishedAll

Property

  • Acreage0.11
  • Lot Size Dimensions40.00 x 0.00
  • Lot Size SourceEstimated
  • Lot Size Square Feet4,800.03
  • New Construction YNN
  • Property SubTypeDuplex
  • ZoningRESIDENTIAL

Utilities

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

Tax Information

  • Tax Assessment Amount$1,382,500
  • Tax Year2024
  • Taxes$15,512
  • Total Taxes Payment FrequencyAnnually

Basic Information

  • Date Listed10/11/2026

Location

  • Address840-842 Wesley Avenue
  • Building Number840-842
  • CountyCape May
  • Directionsover 9th street bridge make a left on Wesley. On the corner
  • IncorporatedcitynameOcean City City
  • Living Area SourceAssessor
  • StateNJ
  • SubdivisionNone Available
  • TownOcean City
  • Zip08226

Property Information

  • Area Total3,372
  • Area Total SourceAssessor
  • Below Grade Area Total SourceAssessor

Other

  • Other UnitsUnit 1, Unit 1
  • 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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