842 WESLEY AVE Ocean City, NJ 08226 Open Sat 12PM-3PM

UPDATED: 02/20/2026 06:57 PM ON MARKET: New on market today

$1,795,000

5 Beds3 Baths1,722 SqFt

Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Active

Purchase Type For Sale

Square Footage 1,722 sqft

Price per Sqft $1,042

Subdivision None Available

MLS Listing ID NJCM2006786

Style Coastal

Bedrooms 5

Full Baths 3

HOA Y/N N

Abv Grd Liv Area 1,722

Year Built 2017

Annual Tax Amount $8,244

Tax Year 2025

Lot Dimensions 40.00 x 0.00

Property Sub-Type Condo/Co-op

Source BRIGHT

Property Description

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 $100,000 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!!