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840 Wesley Ave # 842 Ave #2

Ocean City, NJ 08226
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Bed 5

Bed

Bath 3

Bath

SqFt1,700

Sqft

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 $109,000 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!!

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Detail Ic Property Details

Property Type : Residential

Price : $1,775,000

AD Id : 75511477

MLS Id : 604878

Beds : 5

Living Area Size : 1,700

Year Built : --

Garage : 2

County : Cape May

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Full Baths: 3

    Room Information

    Rooms Total: 10
  • Flooring Information

    Hardwood
  • Interior Features

    Elevator, Kitchen Island, Entrance Foyer Appliances: Dishwasher, Dryer, Refrigerator, Gas Cooktop, Microwave, Washer, Disposal
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air

  • Building Information

    Construction Materials: Brick, Vinyl Siding Private Pool: No

  • Lot Information

    Lot Description: Corner Lot

  • Listing Price Information

    Listing Price: $1775000 Original Price: $1795000

  • Tax Information

    Annual Tax: $7313

  • Garage Information

    Has Garage: Yes Garage Space: 2 Pets Allowed: Yes

  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
323 Ocean Ave #3, Ocean City, NJ, 08226 $699,000 1 1 --
323 Ocean Ave #2, Ocean City, NJ, 08226 $1,095,000 5 2 2,004 2,004 SqFt
145 E Atlantic Blvd #B, Ocean City, NJ, 08226 $2,499,900 5 4 2,026 2,026 SqFt
900 Wesley #203 Ave #203, Ocean City, NJ, 08226 $257,500 -- 1 296 296 SqFt
322 Boardwalk #318, Ocean City, NJ, 08226 $1,199,000 2 2 1,100 1,100 SqFt
322 Boardwalk #514, Ocean City, NJ, 08226 $995,000 2 2 1,102 1,102 SqFt
322 Boardwalk #514, Ocean City, NJ, 08226 $995,000 2 2 1,080 1,080 SqFt
906 Pennlyn Pl #8, Ocean City, NJ, 08226 $1,600,000 3 2.5 1,818 1,818 SqFt
322 Boardwalk #300, Ocean City, NJ, 08226 $1,350,000 2 2 1,260 1,260 SqFt
322 Boardwalk #514 #514, Ocean City, NJ, 08226 $995,000 2 2 1,080 1,080 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the South Jersey Shore Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 South Jersey Shore Regional MLS. All Rights Reserved.

ByOwner last updated this listing 06/18/2026 @ 21:56

MLS: 604878 LISTED BY: MELISSA NALLEN, REALTY MARK ADVANTAGE SOURCE: South Jersey Shore Regional MLS

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