5 Beds
3 Baths
1,650 SqFt
5 Beds
3 Baths
1,650 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,650 sqft
Price per Sqft $1,015
Subdivision None Available
MLS Listing ID NJCM2007936
Style Coastal
Bedrooms 5
Full Baths 3
HOA Y/N N
Abv Grd Liv Area 1,650
Year Built 2017
Annual Tax Amount $7,792
Tax Year 2025
Lot Size 4,792 Sqft
Acres 0.11
Source BRIGHT
Property Description
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!
Location
State NJ
County Cape May
Area Ocean City City (20508)
Zoning RESIDENTIAL
Rooms
Main Level Bedrooms 5
Interior
Hot Water Natural Gas
Cooling Central A/C
Fireplaces Number 1
Inclusions fully furnished
Furnishings Yes
Fireplace Y
Heat Source Natural Gas
Exterior
Exterior Feature Balconies- Multiple
Parking Features Garage - Front Entry, Garage Door Opener
Garage Spaces 2.0
Amenities Available None
Water Access N
Accessibility None
Porch Balconies- Multiple
Attached Garage 1
Total Parking Spaces 2
Garage Y
Private Pool No
Building
Story 2
Above Ground Finished SqFt 1650
Sewer Public Sewer
Water Public
Architectural Style Coastal
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Ocean City Schools
Others
Pets Allowed Y
HOA Fee Include None
Senior Community No
Tax ID 08-00805-00017 06-C1
Ownership Fee Simple
SqFt Source 1650
Horse Property N
Special Listing Condition Standard
Pets Allowed No Pet Restrictions
Nearby Locations
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